Embattled MinRes managing director Chris Ellison has put his privately owned super yacht up for sale as the fallout continues over his involvement in tax evasion and other scandals.

The New Zealander’s net worth is estimated to have fallen below $1 billion after shares in the miner he founded fell 40 per cent over the past month following a stream of setbacks.

Chris Ellison has paid the $3.8 million penalty handed down in the ... It also emerged Mr Ellison used company resources for personal gain, such as instructing staff to work on his boat, properties ...

Mineral Resources founder Chris Ellison has put his luxury yacht on the market as the fallout over his involvement in tax evasion and other scandals continues. His misdeeds included ­having ...