oh dear rupurt murdoch slides to number 2 richest australian man

Murdoch loses top spot in Australia exec rich list
AFP March 23, 2011, 5:55 pm



SYDNEY, March 23, 2011 (AFP) - - Fortescue Metals' Andrew "Twiggy" Forrest has bumped News Corp's Rupert Murdoch down to second place in this year's list of the 200 richest Australian executives released Wednesday.

Forrest's wealth jumped more than a third to Aus$6.2 billion ($6.2 billion) due to soaring iron ore prices.

It put him on top of the Business Review Weekly's richest Australian executives list, based on the market value of the shares they hold in their companies.

Murdoch was second with Aus$5.7 billion, although his shares are worth only half of what they were in 2007.

Crown and Consolidated Media Holdings' James Packer is third on Aus$3.6 billion while Seven Network chief Kerry Stokes came fourth (Aus$1.82 billion).

Frank Lowy of Westfield Holdings, rounded out the top five at Aus$1.75 billion.

The best performers were in the resources sector, which supplied 81 of the top 200 executives, up from 56 in 2010.

Top 10 (last year's status in brackets)

1. (2) Andrew Forrest, Fortescue Metals, Aus$6.23 billion

2. (1) Rupert Murdoch, News Corporation, Aus$5.68 billion

3. (3) James Packer, Crown and Consolidated Media Holdings, Aus$3.6 billion

4. (10) Kerry Stokes, Seven Group Holdings, Aus$1.82 billion

5. (4) Frank Lowy, Westfield Group, Aus$1.75 billion

6. (6) Kerr Neilson, Platinum Asset Management Aus$1.52 billion

7. (7) Gerry Harvey, Harvey Norman Holdings, Aus$932.8 million

8. (8) Tony Poli, Aquila Resources, Aus$880.3 million

9. (9) John Grill, WorleyParsons, Aus$794.1 million

10. (-) Peter Bond, Linc Energy, Aus$572.6 million
mp/mtp


this is what happens when you support the mcanns!!!!

World? Bill Gates currently holds second place at 10x the wealth of Murdoch and some way behind the Helu family.

Chris wrote:World? Bill Gates currently holds second place at 10x the wealth of Murdoch and some way behind the Helu family.

lol oops i edited but stilll !!!!

Why do some people have to have so much money while the great majority of the world's population is struggling to make ends meet or living in abject poverty? It is obscene. Without the labour of the people working for low wages, the millionaires wouldn't be enjoying their riches, would they? They're truly parasites sucking the blood of those who produce their wealth for them. Rant over!

Justiceforallkids wrote:

Chris wrote:World? Bill Gates currently holds second place at 10x the wealth of Murdoch and some way behind the Helu family.

lol oops i edited but stilll !!!!

You will give him ideas above his station!

5 billon could cure things like type one dibatess which me and many other type one diabetics would love and many other diseases and illness!!!!

Carolina wrote:Why do some people have to have so much money while the great majority of the world's population is struggling to make ends meet or living in abject poverty? It is obscene. Without the labour of the people working for low wages, the millionaires wouldn't be enjoying their riches, would they? They're truly parasites sucking the blood of those who produce their wealth for them. Rant over!

I could not be that rich without having to set up some sort of relief aid to help poor countries. I get annoyed l can't win the lottery l'd do lots of good things for others. I've got it all planned l'm just waiting for the funds.

horrible old scroat isn't he?

well you never know im quite sure they all give loads to charities its just not published. Anyway he might just do a Bill and Melinda Gates, Philanthropists with a capital P. They do so much good with their wealth.