Wellington - The rich are getting richer in New Zealand, despite the global financial crisis and an economy in recession, according to a report published Friday.
The richest New Zealander, businessman Graeme Hart, more than doubled his wealth to 6 billion New Zealand dollars (about 4.4 billion US dollars) in the last year, the weekly National Business Review reported in its annual Rich List supplement.
Hart, who has topped the list for six of the last seven years, heads investment company Rank Group, which paid 2.7 billion US dollars for the packaging and consumer business of the multinational Alcoa Inc earlier this year.