Green Left fighting fund: Capitalism celebrates the obscenely wealthy http://www.greenleft.org.au/node/44286
The obscenely wealthy have been celebrated again with the release of Business Review Weekly’s annual Rich 200 list. Sitting in top spot is Westfield Group chairperson Frank Lowy, whose personal fortune is estimated to be $5.04 billion. That's about 17,000 times our 2010 fighting fund target here at Green Left Weekly.
Coming in second is Gina Rinehart, chairperson of iron ore company Hancock Prospecting, with an individual fortune of $4.75 billion. That's the equivalent of more than 73,000 registered nurses earning $65,000 a year. But what a step forward for feminism. Of the 200 richest, 16 are women, meaning about 92% of the filthy rich are men