Chris Ellison is selling his prized yacht that originally cost $30 million and was scandalously staffed by employees of ...

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.

It is not clear what Mr Ellison paid for the vessel or the latest asking price. The super yacht sale comes with Mr Ellison rapidly sliding down the rich list and caught up in an investigation by ...

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 ...