Aussie is World's Richest Woman
Aussie is World's Richest Woman
Author
Discussion

Jimbeaux

Original Poster:

33,791 posts

262 months

Thursday 24th May 2012
quotequote all
Time for her personal trainer to be hired? smile

http://now.msn.com/money/0523-rinehart-richest-wom...

Meridius

1,608 posts

183 months

Thursday 24th May 2012
quotequote all
"Rinehart's locked in legal battles with three of her four children, telling a court they're "manifestly unsuitable" and lack the work ethic for managing the family trust."

Haha what a .

Jimbeaux

Original Poster:

33,791 posts

262 months

Thursday 24th May 2012
quotequote all
Meridius said:
"Rinehart's locked in legal battles with three of her four children, telling a court they're "manifestly unsuitable" and lack the work ethic for managing the family trust."

Haha what a .
Her sexiness makes up for it all. I still think that, from what I have read, HRH is still the wealthiest woman.

Regiment

2,799 posts

190 months

Thursday 24th May 2012
quotequote all
Meridius said:
"Rinehart's locked in legal battles with three of her four children, telling a court they're "manifestly unsuitable" and lack the work ethic for managing the family trust."

Haha what a .
She doesn't want to give her money to 3 of her 4 children because theyre lazy, all the better. She most probably worked her fingers to the bone to get where she is so why should her children not have to earn their way in this world. Bill Gates has a very similar attitude as him and his wife are aiming to give everything to charity before they die.

fido

18,932 posts

286 months

Thursday 24th May 2012
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I bet the 4th kid is keeping well schtum (or stirring up the sh8t about his/her siblings) .. I N H E R I T A N C E! "Yes, mum you're the wuvliest person in the world."

SmoothCriminal

5,975 posts

230 months

Thursday 24th May 2012
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Didn't her dad make all that money and she's the heir to the company, also these so called deals she's done?? A lot of the increase in her wealth this year has come from the recovery of the iron ore market no?

Northern Munkee

5,354 posts

231 months

Thursday 24th May 2012
quotequote all
Regiment said:
She doesn't want to give her money to 3 of her 4 children because theyre lazy, all the better. She most probably worked her fingers to the bone to get where she is so why should her children not have to earn their way in this world. Bill Gates has a very similar attitude as him and his wife are aiming to give everything to charity before they die.
Errr... I suspect the truth of the matter is she put her money into a family trust, with all the altruism of avoiding the tax man taking a hefty piece, as income tax, and now she's whining when having given up a degree of control of it, and technically given away control (to the family trust), they want to get their hands on it.

I'm wouldn't be crying for her.

RichyBoy

3,749 posts

248 months

Thursday 24th May 2012
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Where is the hard work? If the resource wasn't there she wouldn't have a thing and she hasn't invented anything has she?

Potatoes

3,606 posts

201 months

Thursday 24th May 2012
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I still wouldn't, you could offer me all the money in the world and I just couldn't!

12gauge

1,274 posts

205 months

Thursday 24th May 2012
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RichyBoy said:
Where is the hard work? If the resource wasn't there she wouldn't have a thing and she hasn't invented anything has she?
Didnt the old man just get lucky by buying land that unbeknown to him had stuff below it worth something?

As far as I can tell none of the family have developed or invented anything.

bitchstewie

68,423 posts

241 months

Thursday 24th May 2012
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Potatoes said:
I still wouldn't, you could offer me all the money in the world and I just couldn't!
You would though biggrin

Halb

53,012 posts

214 months

Thursday 24th May 2012
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fido said:
I bet the 4th kid is keeping well schtum (or stirring up the sh8t about his/her siblings) .. I N H E R I T A N C E! "Yes, mum you're the wuvliest person in the world."
article said:
Her youngest child, Ginia, is backing her mother...
The Australian reported that Rinehart thinks her children would benefit from having to work.

Imagine that.
biggrin

elster

17,517 posts

241 months

Thursday 24th May 2012
quotequote all
fido said:
I bet the 4th kid is keeping well schtum (or stirring up the sh8t about his/her siblings) .. I N H E R I T A N C E! "Yes, mum you're the wuvliest person in the world."
Doesn't quite work like that, they get no inheritance if they don't work hard.

To be fair she was gifted a prime company but she has done well out of it, better than previous. She may not be a genius, but she has worked.

martin84

5,366 posts

184 months

Thursday 24th May 2012
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If it was me I'd want to make sure the kids knew how to handle the company/money when they inherited it, because I'd hate to die and have them become so overwhelmed they blow it all and die from a cocaine overdose.

But taking your own kids to court is just bonkers.

CHIEF

2,270 posts

313 months

Thursday 24th May 2012
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Potatoes said:
I still wouldn't, you could offer me all the money in the world and I just couldn't!
You bloody liar.

I would - and I'd even go down fer gravy if she made it worth my while!!!!

Jimbeaux

Original Poster:

33,791 posts

262 months

Thursday 24th May 2012
quotequote all
martin84 said:
If it was me I'd want to make sure the kids knew how to handle the company/money when they inherited it, because I'd hate to die and have them become so overwhelmed they blow it all and die from a cocaine overdose.

But taking your own kids to court is just bonkers.
Agreed for the most part; however, sometimes when mothering fails, court action may be required to help them avoid the pitfalls you described.

escortwagon

2,357 posts

183 months

Thursday 24th May 2012
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aussie women.
remember those vintage mugshots that turned up earlier in the year?
just saying

Rollcage

11,345 posts

223 months

Thursday 24th May 2012
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Jimbeaux said:
Her sexiness makes up for it all. I still think that, from what I have read, HRH is still the wealthiest woman.
HRH isn't worth anything like as much as the Aussie woman in her own right - about $500 million IIRC.

FourWheelDrift

92,394 posts

315 months

Thursday 24th May 2012
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12gauge said:
Didnt the old man just get lucky by buying land that unbeknown to him had stuff below it worth something?
Found a large iron ore deposit on aboriginal land at a time when you couldn't stake a claim on iron ore and exports were banned. He lobbied for a change in the law, then some years later when it was changed "found" his iron ore and claimed it.

FourWheelDrift

92,394 posts

315 months

Thursday 24th May 2012
quotequote all
Jimbeaux said:
I read that if her properties, etc were totalled, it is far more than that.
She only owns Sandringham House, Balmoral Castle and 2 lodges at Balmoral. The others are all state owned.