The nation’s wealthiest executives collectively lost more than $11 billion last financial year after the rout in technology stocks, but miners emerged as winners.

The nation’s wealthiest executives collectively lost more than $11 billion last financial year after the rout in technology stocks, but miners emerged as winners.

The mining sector dominated the Australian stockmarket last financial year while former blue-chip technology and healthcare stocks were smashed.

The fortunes of mining magnates such as Andrew Forrest and Chris Ellison have soared this year.