Rags-to-riches coal baron declared bankrupt – Shanghai Daily (subscription)
RAGS-TO-RICHES coal baron Nathan Tinkler, who rode the mining boom to become Australias youngest billionaire before losing it all when coal prices collapsed, has been declared legally bankrupt after failing to pay off a private jet. The bankruptcy order comes 10 years after the 40-year-old scraped together a A$1 million (US$728,700) deposit for a rundown…