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Boganaire: The Rise and Fall of Nathan Tinkler (Paperback)

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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 Tinkler's 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 biography, leading business writer Paddy Manning tells the story of Tinkler's meteoric rise to wealth, and captures the drama of his equally rapid downfall.

Product Details
ISBN: 9781863956734
ISBN-10: 1863956735
Publisher: Black Inc.
Publication Date: July 3rd, 2014
Pages: 306
Language: English