Net Worth:
$28 Billion
- Source of Wealth Mining
- Gina Rinehart Age 59years old
- Gina Rinehart Birth Place Perth, Western Australia
- Gina Rinehart Nationality Australia
Gina Rinehart net worth:
Photo Credit: The Australian
Australian mining magnate, Georgina “Gina” Hope Rinehart has a net worht of $28 Billion (AU$29.17 billion) As of May 2012, according to BRW’s rich list of Australia’s 200 wealthiest individuals. Making her the world’s richest woman, overtaking Wal-Mart heiress Christy Walton. In March 2012, Forbes estimated Walton’s net worth at US$25.3 billion.
The Heiress of Hancock Prospecting, and the daughter of mining magnate Lang Hancock has now seen her fortune swell thanks to high iron ore prices, rising exports to China and a deal signed in January 2012 that will see South Korean steel giant Posco take a 15% stake in her yet-to-be-developed Roy Hill iron ore mine in Western Australia. In 2011, Citigroup projected that she is on course to overtake Carlos Slim, the Mexican magnate worth $69 billion, mainly because she owns her companies outright and has no shareholders. Rinehart has also invested in media companies Fairfax Media and Ten Network in what is seen as the next step in her crusade against Australia’s mining tax. Rinehart is a widow and mother of 4. Born 9 February 1954 at St John’s, Perth, Western Australia.
