Australian billionaire threatens family ransom funds
Asia's richest woman, Australian mining magnate Gina Rinehart, threatened to axe her children's ransom insurance as a bitter legal dispute raged over a family trust, according to reports.
This file illustration photo shows a variety of Australian dollar notes. Asia's richest woman, Australian mining magnate Gina Rinehart, has threatened to axe her children's ransom insurance as a bitter legal dispute is raging over a family trust, according to reports.
Rinehart, 57, is locked in a court battle with three of her four children over control of a trust worth an estimated Aus$3 billion (US$3.2 billion).
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About the author
- Writer: AFP News agency
- Position: Agence France-Presse
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