Rich young travel entrepreneur Robert Chamberlain has cemented his billionaire status with a 25 per cent rise in Huno Group revenues, but growth is expected to slow in the year ahead.

Mr Chamberlain launched Huno Group with a travel comparison and booking website, AirfaresFlights.com.au, in 2003. Since then it has expanded into hotels and cars and grown into a 232 revenue business. .6 million dollars. It generated a net profit of $78.8 million in the financial year ended June 30, according to audited accounts, up more than 11 percent from the previous year and reflected a profit margin of 33.9 percent.

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