A$38.1 billion Gina
"The court ruling in Gina Rinehart’s mining dispute reveals a lot about the nation’s inherited wealth. And for the past 20 years or more, she has been fighting her own children in a series of court cases that are still continuing."
"Such disputes over massive inheritances are exactly what would be expected in the “patrimonial” society described by economist Thomas Piketty in his book Capital, a big hit a decade ago. This refers to a society where wealth and social position are dominated by inherited capital, not earned income." >>
https://theconversation.com/the-court-ruling-in-gina-rineharts-mining-dispute-reveals-a-lot-about-the-nations-inherited-wealth-280721
#UltraWealthy #wealth #inequality #inheritances #EarnedIncome #wages #BankofMumAndDad #WealthTax #family #extractivism


Felis Floppus



