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ASX dives: Gina Rinehart, Andrew Forrest, Mike Cannon-Brookes, Scott Farquhar lose billions

The nation’s wealthiest people have lost more than $11 billion in value this week, led by iron ore magnates Gina Rinehart and Andrew Forrest and tech duo Mike Cannon-Brookes and Scott Farquhar.

Financial Review Rich List 2022: Gina Rinehart, Mike Cannon-Brookes, Scott Farquhar top 2022 rich list

The tech sector has been thumped and iron ore prices have rebounded leaving Gina Rinehart, the founder of Pilbara iron ore mine Roy Hill, firmly on first place with an estimated $34.02 billion fortune.

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