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Australia's two richest billionaires wealthier than bottom fifth of population

Gina Rinehart on Melbourne Cup Day 2016.

Gina Rinehart on Melbourne Cup Day 2016. Source: AAP

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.


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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.


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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