Lex Greensill: Why the green energy backer lost his billions
News For years, the rise of the Bundaberg farmer’s son turned London banker seemed unstoppable. Then things started to fall apart. By Rick Morton. Lex Greensill. Credit: Nine / Peter Braig Lex Greensill started the week as a billionaire. Within days, the boy from Bundaberg had lost his empire. The collapse of his fortune is, in part, explained by close links to Australia’s biggest renewables investor, Sanjeev Gupta. And as such, Greensill’s trouble may drag down Gupta’s global empire, with jitters already spreading to the 1200 workers at South Australia’s Whyalla steelworks, whi...