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Billionaires Gina Rinehart and Angela Bennett to square off in WA civil trial

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Two of Australia’s richest women will face off in court in Perth on Monday to settle their differences in a decade-long and bitter battle over billions of dollars of iron ore riches.

The companies of Gina Rinehart and Angela Bennett will square off in a civil trial in Western Australia’s Supreme Court which is set to run for at least four months.

The dispute centres around a deal made between their fathers – Lang Hancock and Peter Wright – in the 1980s. Ms Rinehart’s two eldest children are also fighting for a multi-billion dollar stake in the lucrative Hope Downs mine.

 

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Billionaires lock horns in bitter battle for iron ore richesA decade-long legal battle between Gina Rinehart and Angela Bennett, who between them are worth almost $43 billion, is headed for a showdown in the WA Supreme Court.
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Billionaires lock horns in bitter battle for iron ore richesA decade-long legal battle between Gina Rinehart and Angela Bennett, who between them are worth almost $43 billion, is headed for a showdown in the WA Supreme Court.
Source: FinancialReview - 🏆 2. / 90 Read more »