Philanthropists back $11m push for Brisbane 2032 Olympic medals

Detailed summary

Wealthy backers, including private equity veterans and family offices, are signing up to fund under-supported sports before the Games.

For a population of its size, Australia has always had a strong athlete-to-medal ratio at the Summer Olympics. In 2024, at Paris, Australia secured its biggest total medal haul for a Summer Olympics, after the Sydney Games.

Louise Walsh, founder of Walsh Capital, believes Australia can do even better at Brisbane 2032, and is determined to get more athletes, such as Arisa Trew and Matt Hauser, representing the country in skateboarding and the triathlon respectively.

Opening of the article, excerpted from Australian Financial Review. To read the rest, open the article on the publisher's site.