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Father's shadow looms over Australian billionaire's book launch

Published on Nov 27, 2012 11:45 AM
 
Australian mining magnate Gina Rinehart, one of the world's wealthiest people, has displayed a trait rarely revealed publicly among the super-rich: insecurity. -- PHOTO: BLOOMBERG

SYDNEY (REUTERS) - Australian mining magnate Gina Rinehart, one of the world's wealthiest people, has displayed a trait rarely revealed publicly among the super-rich: insecurity.

Ms Rinehart's first book was eagerly awaited by an Australian public enthralled and sometimes appalled by her story of big business, family feuds and almost unimaginable wealth.

But the 58-year-old widow with a fortune estimated by Forbes at A$18 billion, played it safe at the launch of the book,'Northern Australia and Then Some: Changes we need to make our country rich'.

Media were hand-picked for events around the country and Ms Rinehart surrounded herself with hundreds of supporters mostly from the mining fraternity, where she is revered for transforming her late father's debt-ridden iron ore business into a multi-billion dollar enterprise.

 
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