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MINER'S RIGHT
Billionaires battle to remain relevant
It’s an exaggeration, but not a big exaggeration, to say that Australia’s third and eighth richest people, Gina Rinehart and Andrew Forrest, could buy Atlas Iron with the petty cash in their savings accounts, if in fact that’s where billionaires stash their spare money.
Rinehart, according to Australia's national business newspaper, the Australian Financial Review, is worth A$12.68 billion (US$9.3 billion). Forrest has an estimated net worth of A$6.1 billion, with both...
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