Rinehart’s money is from mining. She took over Hancock Prospecting from her dad in the early nineties. She’s currently worth about $17 billion, but she just won a lawsuit over an old iron ore agreement. Now more royalties will head her way.
At the moment, the richest woman on earth is Liliane Bettencourt, heiress to L’Oreal. She’s reportedly worth $30 billion.
We just hope Rinehart she does something good with all that cash. What good is it to be the richest person “down under?”