Australia - Rinehart mining family's $4 billion battle ends, for now

Discussion in 'Up to the Minute' started by zwiebel, May 28, 2015.

  1. zwiebel

    zwiebel New Member

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    A lengthy legal battle between mining magnate Gina Rinehart and her children saw a court award control of the $4 billion family fortune to daughter Bianca Rinehart today. The fight has split the family, with Gina's son John fighting for control along with Bianca, while daughter Hope reached a settlement with her mother and daughter Ginia backed her mother in the legal battle.

    In court, drinking problems, fear of wedding sabotage and insults including the siblings calling each other morons, idiots and saying one should 'wear a bag over her head' have been revealed.

    Mother Gina was named Australia's most powerful woman by Forbes magazine just yesterday, before the court's decision was announced.

    Photo: Gina Rinehart
    http://www.9news.com.au/National/2015/05/28/14/33/Gina-Rinehart-s-daughter-wins-right-to-control-$4b-family-trust
     

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  3. zwiebel

    zwiebel New Member

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    More info about the Forbes ranking:

    http://www.smh.com.au/business/mini...powerful-woman-by-forbes-20150526-ghaegs.html
     
  4. zwiebel

    zwiebel New Member

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    The family is back in court again, battling over yet another trust fund which I imagine is worth billions.

    http://www.smh.com.au/business/gina-rinehart-accused-of-stealing-from-children-20150615-gho83h.html
     

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