Australia’s Fairfax snubs world’s richest woman

Australian media group Fairfax Wednesday rejected a push for seats on its board by Gina Rinehart, its biggest shareholder and the world’s richest woman, citing editorial independence.

Australian media group Fairfax Wednesday rejected a push for seats on its board by Gina Rinehart, its biggest shareholder and the world’s richest woman, citing editorial independence.

The world’s richest woman Gina Rinehart has boosted her stake in ailing Australian media giant Fairfax to 18.67 percent as she bids to win a board seat, it was revealed Monday.

The world’s richest woman Gina Rinehart stepped up her attack against “ailing” Australian media group Fairfax Wednesday as staff walked off the job over plans to send some sub-editing work offshore.

The world’s richest woman Gina Rinehart has increased her stake in Australian media group Fairfax, the company said Monday, as she lashed out at the chairman after being denied a board seat.