Currently viewing Global edition

Iron ore billionaires go Christmas shopping

Australia’s mega-rich iron ore miners, Andrew Forrest and Gina Rinehart, are developing a pre-Christmas taste for critical metals and energy, which could see them snatch control of plum assets from under the noses of big, publicly-owned, companies which cannot move as quickly.

Iron ore billionaires go Christmas shopping Iron ore billionaires go Christmas shopping Iron ore billionaires go Christmas shopping Iron ore billionaires go Christmas shopping Iron ore billionaires go Christmas shopping

Massive cash flows from iron ore have propelled Forrest and Rinehart into the ranks of the world's wealthiest, providing them with the personal financial muscle to buy almost anything that catches

topics

loader