Boganaire. The Rise And Fall Of Nathan Tinkler
Manning Paddy
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Cover Type: Softcover
Book Condition: Very Good
Jacket Condition: None Issued
Publisher: Black Inc.
Publisher Place: Australia
Publisher Year: 2013
Edition: First Edition
Description: 289 pages. Book is in Very good condition throughout.
Publishers Description: From blue collar to billionaire ... Hunter Valley mine electrician Nathan Tinkler borrowed big in 2005, made a fortune from several speculative coal plays, and by 2011 was a self-made billionaire. He had gambled and won, but his volatility and reluctance to pay his debts were making him enemies. He lived the high life as only a young man would, buying luxury homes, private jets, sports cars and football teams, and splurging massively to build a horseracing empire. But Tinklers dreams had extended beyond even his resources, and his business model worked only in a rising market. When coal prices slumped in 2012, Tinkler had no cash flow to service his massive borrowings and no allies to help him recover. Within months he was trying desperately to stave off his creditors, large and small, and fighting to save his businesses and his fortune. In this impressive new biography, leading business writer Paddy Manning tells the story of Tinklers meteoric rise to wealth, and captures the drama of his equally rapid downfall. Paddy Manning is one of Australias most respected journalists, having spent a decade on the business desks of the Sydney Morning Herald, the Australian Financial Review and the Australian. He is currently business editor of Crikey.
ISBN: 9781863956284
(228676)