Despite a weaker Australian dollar, Australia’s 50 Richest on the 2024 Forbes list are better off from a year ago. Their collective wealth rose to US$222 billion.
Gina Rinehart’s Hancock Prospecting has attempted to deliver a fatal blow in the battle to guard its iron ore riches, unearthing a 34-year-old memo showing a rival mining dynasty knew it had no right to its royalties.