Wealth and Asset Management
Japan’s Mitsui Boosts Australian Family’s Wealth By $5.3 Billion
Mitsui, one of Japan’s biggest companies, has gone against conventional thinking to dive deep into iron ore, adding $5.3 billion to the fortune of an already wealthy Australian family in the process. The counter cyclical investment, made as the iron ore price is falling, sees Mitsui buy a 40% stake…
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