Charlotte Foster
Money & Banking

"Arrogance personified": Rich lister slammed for "pointless" job advice

An Aussie rich lister has gone viral for all the wrong reasons, after her "tone deaf" advice for young Aussies to get a job fell flat. 

Sarina Russo, who made her start on the property market, shared the importance of relying on yourself to achieve financial independence.

Ms Russo, who is ranked 59th on Australia’s 2024 Rich Women list with an estimated net worth of $271 million, runs a business that provides government-funded entrepreneurship programs to create self-employment opportunities.

Known for handing out unsolicited financial advice, Russo was filmed on sharing her opinions on young people holding down work. 

“Today I thought I would emphasise how important it is to have a job,” she said. “You know, I’ve been thinking about this. I’ve been an ambassador for being the ‘Job Queen’ for Australia and global for something like 45 years," she said.  

“I just want to emphasise that if you have a job, you have dignity. You have a job, you have more respect and positive self esteem."

“If you have a job, you become financially (in)dependent and absolutely empowered. You can become more, enjoy more, have more and see more."

“So today, I’m going to say to you and say to myself ... let’s get a job, let’s get excited, let’s get that passion growing and I’ll see you at the top. Ciao for now.”

Given the current state of the job market for young Aussies in the wake of increased reliance on AI, many were quick to slam Ms Russo's comments. 

Social media users said her comments were "hypocritical" and "arrogance personified" given that she made her fortune as a landlord and became a multimillionaire based off other people's employment. 

“Yes watch Sarina, dressed in designer funk wear, as she meanders through the extravagant but ultimately aimless alleyways of the wealthy yet pointless. With each step, she peels off essential life lessons, like “I’m the jobs Queen; Get a job!” Classic. So tone deaf” one person wrote on Twitter.

“Standing outside the Westin Hotel telling people to get a job as if nobody’s thought of it. Last day of the comedy festival - no stars,” another wrote under her Instagram video.

This is not the first time Ms Russo' controversial comments caused a stir, attracting controversy two years ago after posting a video of herself telling victims of the devastating Queensland floods that “it’s the time to exercise”.

Ms Russo told the victims “fitness is everything” and to “just do it”.

“We’re here overlooking the most beautiful city called Brisbane and sadly last week we had massive floods – once in a hundred year flooding, and it called massive devastation,” she said to the camera.

“But you know, when things are going wrong and endorphins are low, this is the time you need to exercise.I really believe that fitness is everything.”

Image credits: Instagram

Tags:
money & banking, Sarina Russo, job, advice