Skip to navigationSkip to contentSkip to footerHelp using this website - Accessibility statement
  • Advertisement

    His teachers said he’d end up in jail. Now he’s on the Young Rich List

    Geedup founder Jake Paco conquered his demons and took his cult streetwear brand from western Sydney to New York. From the Young Rich List issue, out on October 27.

    Carrie LaFrenzSenior reporter

    Subscribe to gift this article

    Gift 5 articles to anyone you choose each month when you subscribe.

    Subscribe now

    Already a subscriber?

    Jake Paco climbs on top of his black Rolls-Royce Wraith, parked in the middle of his warehouse office in Sydney’s Alexandria, and sits on the roof, resting his white Dior trainers on the windshield. His arms and legs are covered in tattoos, a gold Rolex hangs loosely from his wrist and around his neck is a 14-carat gold chain with a “G” stacked full of diamonds.

    The G is for his streetwear label Geedup Co, which launched in 2010 and has grown into a cult brand, catapulting Paco onto the Young Rich List this year with a $60 million fortune. The personalised number plate on his Rolls doubles as a business strategy; PFK stands for Play For Keeps. “If you are not all in, don’t even start. That’s what it means,” he says.

    Key Statistics

    • 822023 Young Rich List ranking
    • $60 millionEstimated wealth

    Subscribe to gift this article

    Gift 5 articles to anyone you choose each month when you subscribe.

    Subscribe now

    Already a subscriber?

    Read More

    Carrie LaFrenz
    Carrie LaFrenzSenior reporterCarrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com

    Latest In Retail

    Fetching latest articles