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richest person

Economy

Gina Rinehart buys Brisbane complex for $100m

Azeem
Australia’s richest person, Gina Rinehart, has further expanded her empire with the acquisition of a 14-storey office building in Queensland. Ms Rinehart, a multibillionaire mining magnate, secured the Brisbane block at 70 Eagle Street for…
Economy

Tesla faces brutal share crisis

Azeem
Tesla shares have never been this cheap, and now furious investors are lashing out at its billionaire CEO Elon Musk after the electric car maker’s valuation value dipped below $US500 billion ($A728 billion) for first time in two years.On…
Economy

Musk no longer world’s richest person

Azeem
Elon Musk is no longer the word's richest person, according to Bloomberg and Forbes’ rich lists.The title now belongs to French businessman Bernard Arnault, the chief executive of the LVMH empire, which includes Louis Vuitton, Christian…
Economy

Rinehart randomly gives $100k to 10 workers

Azeem
Mining mogul Gina Rinehart has awarded 10 staff members a $100,000 Christmas bonus each.On Monday, a source told 6PR Radio’s the John Hughes Rumour File that staff at Roy Hill, which is owned by Hancock Prospecting, were in the draw to win…
Economy

Frenchman usurps Musk as world’s richest

Azeem
Elon Musk was in danger of losing his long-held title of world’s richest individual on Wednesday morning.It follows months of tumult at Twitter and his various other business interests.Bernard Arnault, CEO of the French luxury goods firm…
Economy

Gina Rinehart’s $2.3 billion pay day

Azeem
Mining magnate Gina Rinehart has pulled in a staggering $2.3 billion from her most successful venture. Ms Rinehart’s mine in Roy Hill, controlled by her private company called Hancock Prospecting, generated an eye watering profit of $3.3…
Economy

Bezos’ horror $23 billion loss revealed

Azeem
The world’s second richest man is about to see tens of billions of dollars wiped from his massive net worth in the wake of a horror share price crash.Amazon founder Jeff Bezos – who is currently ranked just behind Tesla’s Elon Musk in…