RICH PICKINGS: A day at the races

Melbourne's Spring Racing Carnival might mean fascinators, fillies and the odd flutter for most of us, but for the rich listers of the world it's a multi-million dollar business that has the potential to yield plenty.

For many of the wealthy thoroughbred owners and racing enthusiasts, the Cup Carnival is a great chance to socialise, have a flutter and, in some cases, do a bit of business.

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