The Tinkler question: has Australia's youngest billionaire run out of luck?

Jun 28, 2013 Full story: The Guardian

Is it all over for Nathan Tinkler, the former mine electrician from the Hunter Valley who became Australia's youngest billionaire two years ago at the age of 35? The coal entrepreneur is now free of potential insolvent trading claims and a possible freeze on his Australian assets.

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Since: Dec 10

Perth, Australia

#1 Jun 28, 2013
He had the nouse to do it once so he still has that and he is young enough to have many more goes at it, good on him....take a leaf out of Bonds book and that of Richard Branson, who have had their ups and down and somehow have managed to get back on top or at least live more comfortably than those who haven't taken the risks be it with other people money or their own, most cases other peoples.

“Free Speech in a Free World ”

Since: May 10

Australia

#2 Jun 29, 2013
Ahomana wrote:
He had the nouse to do it once so he still has that and he is young enough to have many more goes at it, good on him....take a leaf out of Bonds book and that of Richard Branson, who have had their ups and down and somehow have managed to get back on top or at least live more comfortably than those who haven't taken the risks be it with other people money or their own, most cases other peoples.
He still has his wife's company to fall back on with it billion dollars worth of assets.
He did no different to anyone else in the mining industry and folded back to where he came from when the market slowed much like all the other miners.

Since: Dec 10

Perth, Australia

#3 Jun 29, 2013
Neville Thompson wrote:
<quoted text>
He still has his wife's company to fall back on with it billion dollars worth of assets.
He did no different to anyone else in the mining industry and folded back to where he came from when the market slowed much like all the other miners.
Rudd was willing to take on mining head on to get a better deal for the tax payer, the mining companies three millions to prevent that from happening and it wasn't him that caved it was those who deposed him in favor of reducing a tax for fear of how mining would rally against them. Rudd's refusal to back down against mining was heading for an all out war.

“Free Speech in a Free World ”

Since: May 10

Australia

#4 Jun 29, 2013
Ahomana wrote:
<quoted text>
Rudd was willing to take on mining head on to get a better deal for the tax payer, the mining companies three millions to prevent that from happening and it wasn't him that caved it was those who deposed him in favor of reducing a tax for fear of how mining would rally against them. Rudd's refusal to back down against mining was heading for an all out war.
What's that to do with Tinkler ?

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