Building long-term wealth in the share market often comes down to owning high-quality businesses.
These companies typically have strong competitive advantages, large market opportunities, and strategies that allow them to expand over time.
With that in mind, here are three ASX 200 shares that could be worth considering for smart investors looking to build wealth over the years ahead.
Life360 Inc (ASX: 360)
The first ASX 200 share that could be a top long-term investment is Life360.
It operates the world’s leading family safety and location-sharing platform, helping families stay connected through features such as location tracking, safe driving reports, and emergency assistance. The company has built a massive global user base, which gives it a powerful foundation for monetisation through subscriptions, advertising, and connected hardware devices.
The platform is growing rapidly. Life360 finished FY 2025 with approximately 95.8 million monthly active users, up 20% year over year, while Paying Circles increased 26% to 2.8 million subscribers. Revenue for the year climbed 32% to US$489.5 million, highlighting the strength of its freemium model and growing monetisation.
Looking ahead, management believes the business has the potential to scale significantly. The company is targeting 150 million monthly active users and US$1 billion in annual revenue, supported by subscription growth and the expansion of its advertising platform. With a large user base, growing monetisation engines, and strong guidance for further growth, Life360 could have a long runway ahead.
Goodman Group (ASX: GMG)
Another ASX 200 share that could be worth considering is Goodman Group.
The company owns, develops, and manages logistics properties and data centres in major global cities. These assets play a critical role in the digital economy, supporting industries such as e-commerce, logistics, and cloud computing.
Importantly, Goodman is increasingly positioned to benefit from the rapid growth in data infrastructure. Data centres now account for 73% of its development work in progress, reflecting strong demand from hyperscale technology companies and cloud providers. The company also has a significant 6.0 gigawatt global power bank across key markets, giving it the ability to develop new data centre projects over time.
With a portfolio valued at $87.4 billion, strong capital partners, and a pipeline of development opportunities, Goodman appears well placed to benefit from long-term demand for digital infrastructure.
ResMed Inc (ASX: RMD)
A third ASX 200 share that could be worth a closer look is ResMed.
It is a global leader in connected devices and digital platforms designed to treat sleep apnoea and other respiratory conditions. It combines medical devices, masks, and cloud-connected software to support patients and healthcare providers.
One of the most compelling aspects of the business is the size of its addressable market. Sleep apnoea alone is estimated to affect more than one billion people globally, yet fewer than 20% of sufferers in the United States and less than 10% in the rest of the world are diagnosed or treated.
This large and underpenetrated market provides a significant long-term growth opportunity. Combined with its growing digital health ecosystem and innovation pipeline, ResMed could continue to expand its global leadership in sleep and respiratory care for many years to come.
The post Life360 and two ASX 200 shares for smart investors to buy appeared first on The Motley Fool Australia.
Should you invest $1,000 in Life360 right now?
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* Returns as of 20 Feb 2026
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Motley Fool contributor James Mickleboro has positions in Goodman Group, Life360, and ResMed. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goodman Group, Life360, and ResMed. The Motley Fool Australia has positions in and has recommended Life360 and ResMed. The Motley Fool Australia has recommended Goodman Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.