Wealthy individuals and family offices have, generally through hard work and sometimes just plain luck, been blessed with financial success.

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Call it faith, karma, good juju or just plain luck, but we have all hoped for just a little help in these difficult times.

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Global recession has been especially harsh to media heir and onetime richest Australian as fortune more than halved amid collapsing casino industry, rumored angst and plain bad luck.

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Changing business conditions, upstart competition, bad luck and just plain dumb decisions can knock the highest-flying companies off the Fab 50.

FORBES: Magazine Article