Gina Rinahart was named the richest person in Australia in 2011 and has retained this position to this day.
She was ranked as the richest woman in the world in 2012 by BRW. She held the fourth spot in 2013 and is presently in the sixth spot in 2014.
Is Gina Rinehart a philanthropist?
As one of Australia’s 50 wealthiest individuals, Forbes estimated Rinehart’s net worth to be US$14.8 billion in 2019. The Australian Financial Review estimated Rinehart’s net worth to be A$31.06 billion in 2021, making her the richest Australian according to the 2021 Financial Review Rich List. One of the richest women in the world, according to Forbes, is Rinehart.
Following the passing of her father earlier that year, Rinehart first featured on the 1992 Financial Review Rich List, which was then known as the BRW Rich 200. She has done so ever since, and in 2006, she attained billionaire status.
Since 2010, Rinehart’s wealth has dramatically expanded as a result of the mining boom in Australia at the beginning of the twenty-first century. To diversify her holdings, she purchased shares of Ten Network Holdings and Fairfax Media.
She was named Australia’s richest woman in 2010 and its richest person in 2011, according to BRW, making her the first female to hold that position. According to BRW, Rinehart surpassed Wal-Mart CEO Christy Walton to become the richest woman in the world in 2012.