AustLit

'Hunter Valley electrician Nathan Tinkler borrowed big to turn a fortune from a speculative coal play, bursting onto the rich list in 2008 and quickly becoming Australia’s youngest billionaire at the age of 35. Tinkler lived the high life as only a young man

would: buying up mansions, football teams, private jets, exotic supercars and splurging hundreds of millions of dollars to indulge his family’s love of horseracing.'

'But Tinkler left a trail of destruction in his wake. His skill was to borrow heavily, pick up neglected coal assets, prove them up and quickly on-sell them at a huge profit. It only worked in a rising market and when coal prices slumped in 2012, he had no cashflow to service his huge debts. Tinkler looked for help but he had burned too many bridges, and his downfall came as quickly as his meteoric rise. This is a stunning biography, filled with colour and movement, by one of Australia’s leading business writers.' (Publisher's blurb)