Port Lincoln, on the remote southern coast of Australia, is so isolated that it takes most of a day to drive there from the closest major city, Adelaide. It's so small that the most prominent building is a big wheat silo at the port. And another thing: It's so rich that it claims Australia's largest per capita concentration of millionaires.
Visitors pass through miles of wheat fields before arriving in town, and agriculture has long been the mainstay of the economy. But today the most profitable crop is southern bluefin tuna. The enterprising fishermen working the chilly waters off Port Lincoln have figured out a way to rear lots of tuna in captivity. While previously the southern bluefin were caught and canned, now they're caught and then fattened on California pilchards in some 130 underwater cages. Nowhere else is this done. "If I could be 30 again, I reckon I'd give Bill Gates [No. 1 on the Forbes 400 rich list] a shake," says Hagen Stehr, the 62-year-old chairman of Clean Seas Tuna, whose family is worth at least $60 million. "The future is not the Internet, it's aquaculture.".....reads more
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