The Wild Rise and Fall of an Australian Multi-Millionaire

Australian entrepreneur Chris Wade, co-founder of the cybersecurity firm Corellium, transitioned from a convicted hacker under federal investigation to a technical advisor for figures including Elon Musk and Donald Trump. Following a presidential pardon in 2020, Wade continues to lead mobile forensics innovation while managing his recent $17.8 million investment in a regional New South Wales hotel.

From Federal Prosecution to Presidential Pardon

Wade’s path to the White House began in the early 2000s after moving to the United States. According to Wade, he was arrested by the U.S. Secret Service at gunpoint in 2005 for writing software later used in a spamming operation. Rather than facing deportation, Wade began cooperating with federal authorities. Former FBI Special Agent Chris Tarbell, who specialized in cybercrime, noted that Wade’s technical expertise proved essential in high-profile investigations, including the Silk Road marketplace and the Anonymous hacking group.

Despite his cooperation, Wade faced ongoing travel restrictions due to his felony convictions. His situation changed after a chance meeting with Isaac “Ike” Perlmutter, the former chairman of Marvel Entertainment, while both were seeking care for their tropical saltwater fish. Perlmutter, a member of the Mar-a-Lago club, advocated for Wade’s case. In December 2020, Wade received a presidential pardon from Donald Trump. According to Wade, he later met with Jared Kushner and Ivanka Trump, and was introduced to Elon Musk by the former president as the “world’s greatest hacker.”

The Future of Mobile Forensics and AI Integration

Following the $285 million acquisition of Corellium by Cellebrite, Wade transitioned into the role of Chief Technology Officer. The company specializes in mobile forensics, providing tools that allow law enforcement agencies to extract data from encrypted devices. Wade describes these tools as critical for modern criminal investigations, noting that cell phones have become the primary storage for personal and criminal data.

Looking toward the next three to five years, Wade is focusing on how artificial intelligence can accelerate the resolution of cold cases. His objective is to integrate AI into existing forensic workflows to analyze vast datasets faster than human investigators. Wade maintains a working relationship with the White House, remaining available for technical consultation when requested by government officials.

Balancing High-Stakes Tech with Local Investment

Despite his global professional footprint, Wade has returned to his hometown of Murwillumbah on the NSW north coast. In December, he purchased the Riverview Hotel for $17.8 million. While his American colleagues questioned the decision to invest in a pub rather than a luxury vehicle, Wade stated that the venture provides more personal value and community connection.

Did you know? Chris Wade’s passion for electronics began in childhood, where he would scavenge local dumps for parts to build DIY projects. By his teenage years, he was assembling computers and selling them to his teachers and peers.

Wade balances his time between running the hotel, working remotely on cybersecurity projects during late-night hours to accommodate U.S. time zones, and pursuing hobbies like robotics. He is currently training a 3-tonne welding robot to prepare cocktails.

Frequently Asked Questions

How did Chris Wade receive a presidential pardon?

Wade received a pardon in December 2020 after establishing a friendship with Isaac Perlmutter, who advocated on his behalf. Former FBI agent Chris Tarbell also provided a letter of support to the president detailing Wade’s assistance in major cybercrime cases.

What is Corellium’s role in the tech industry?

Corellium, now owned by Cellebrite, develops software that allows developers and law enforcement to emulate mobile operating systems. This technology is used to extract data from devices during authorized criminal investigations.

Does Chris Wade still work with Elon Musk?

Yes. Wade has stated that he remains available to assist with technical issues when called upon by the White House or through his existing professional network.


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