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Aussie's two richest wealthier than bottom fifth of population

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A new report reveals Australia's two richest billionaires - mining magnate Gina Rinehart and property tycoon Harry Triguboff - have more money than the bottom 20 per cent of the population put together. Image: Mining magnate Gina Rinehart on Melbourne Cup Day, Feb 2016 (AAP)


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By Gareth Boreham

Source: SBS



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A new report reveals Australia's two richest billionaires - mining magnate Gina Rinehart and property tycoon Harry Triguboff - have more money than the bottom 20 per cent of the population put together. Image: Mining magnate Gina Rinehart on Melbourne Cup Day, Feb 2016 (AAP)


International aid agency, Oxfam, says it's part of a widening global divide with the wealth of just eight of the world's wealthiest people ...equal to that of billions of people in its poorest half.

 

 


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