Australia’s richest person Gina Rinehart has gifted a portrait of herself to the National Gallery with a list of requests currently being negotiated before it can be hung. Her unusual demand comes weeks after the mining magnate made international headlines over her reported distaste of a portrait of her byContinue Reading
Swimming superstar Kyle Chalmers has emerged as one of the figures behind the push to have two portraits of mining magnate Gina Rinehart removed from the National Gallery of Australia (NGA). Billionaire Rinehart has poured in almost $40 million since 2012 to help fund the pursuits of Australian swimmers throughContinue Reading
Another iconic brand has been purchased by one of the country’s richest people after mining magnate Gina Rinehart snapped up Driza-Bone. It’s the latest purchase of a historic Australian brand by a billionaire after Andrew ‘Twiggy’ Forrest and ex-wife Nichola purchased hat company Akubra in a deal worth millions ofContinue Reading
John Hancock and Bianca Rinehart, the eldest children of mining magnate Gina Rinehart, have shown up to Western Australia’s Supreme Court in person as their lawyer begins his closing address. The lengthy legal battle, which began in July, involves several parties claiming a share of iron ore mining royalties ownedContinue Reading
A $40 million superyacht owned by Australian billionaire and mining magnate Clive Palmer has become stuck off the coast of Singapore. The yacht is believed to have run aground in shallow waters one kilometre off the exclusive Sentosa Island on Monday afternoon. Palmer purchased the 56-metre Benetti – which heContinue Reading
The Australian share market tumbled lower to its lowest level in 11 months on Wednesday following a broad sell-off on Wall Street overnight. Stronger-than-expected job vacancies data, which showed the number of available positions climbed to 9.61 million in August, up from 9 million in July, fuelled traders’ fears thatContinue Reading
Australian billionaire Andrew “Twiggy” Forrest’ father has died surrounded by family at his ancestral Western Australian home. Donald Forrest, 95, died in the early hours of Sunday morning at Minderoo station. His obituary said he “passed away peacefully in his sleep, knowing he was with people and places he loved”.Continue Reading
Australian mining magnate Andrew Forrest has addressed his shock separation from wife of 31-years Nicola Forrest in his first interview since the couple announced their split in July. The Fortescue Metals Group boss, better known as ‘Twiggy’, was asked about his ex-wife and their separation in an interview on theContinue Reading
Australia’s richest man Andrew ‘Twiggy’ Forrest has thrown a wild desert party to mark the 20th anniversary of his mining company, complete with a private Jimmy Barnes concert and extravagant drone light show. Mr Forrest — who is Australia’s richest man with a net worth of about $35.21 billion —Continue Reading
Australia’s richest person, Gina Rinehart, has thrown her weight behind nuclear energy in her pitch for a net zero Australia that doesn’t rely on wind and solar. At The Australian’s Bush Summit on Monday, Ms Rinehart delivered a sweeping six-point plan for the nation and called for the government toContinue Reading