Australian Is World’s Richest Woman

Date: 24-05-2012 4:20 pm (12 years ago) | Author: Idbabe
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- at 24-05-2012 04:20 PM (12 years ago)
(f)
According to AFP, a preview of the respected BRW Rich 200 list, published Wednesday, put the mining tycoon’s personal fortune at Aus$29.17 billion (US$28.48 billion), a figure that sees her outstrip Walton for the first time.

In March, Forbes placed Walton and her family’s net worth at US$25.3 billion, while Rinehart’s fortune stood at US$18 billion.

BRW rich list editor Andrew Heathcote said mining magnate Rinehart had almost tripled her wealth in 12 months as commodity prices rose and she pulled off two deals in iron ore and coal.

“The Aus$18.87 billion increase in her wealth is unparalleled. It is a product of foreign investment in new projects, increased production and a recovery in the iron ore price over the past six months,” said Heathcote.

Rinehart, 58, heiress to an iron ore prospecting empire built in Australia’s resources-rich west, is a controversial figure who stridently campaigned against new mining taxes and recently bought up big in the media sector.

She is also locked in a series of lawsuits, including an acrimonious row with her own children over a family trust where she has been accused of threatening to financially ruin them.

Heathcote said Rinehart was on track to overtake Mexican telecommunications tycoon Carlos Slim — worth US$69 billion — as the world’s richest person as demand ramps up for Australia’s natural resources.

“A $100 billion fortune is not out of the question for Rinehart if the resources boom continues unabated,” said Heathcote.

“There is a real possibility that Rinehart will become not just the richest woman in the world but the richest person in the world.”

The full BRW list of Australia’s richest people, the upper rungs of which are usually dominated by mining tycoons, will be unveiled on Thursday.


Posted: at 24-05-2012 04:20 PM (12 years ago) | Hero
- Bellablue at 24-05-2012 11:16 PM (12 years ago)
(f)
Good for her, this is what i call  the  strength  of a woman and been independent...example for women  to emulate
Posted: at 24-05-2012 11:16 PM (12 years ago) | Newbie
Reply
- Solidstonez at 24-05-2012 11:22 PM (12 years ago)
(f)
OK

Posted: at 24-05-2012 11:22 PM (12 years ago) | Addicted Hero
Reply
- habiziz at 24-05-2012 11:40 PM (12 years ago)
(m)
 Cool
Posted: at 24-05-2012 11:40 PM (12 years ago) | Upcoming
Reply
- beholdsunshine at 24-05-2012 11:56 PM (12 years ago)
(m)
Naija guys never see this one marry? Sharp guys where una dey.
Posted: at 24-05-2012 11:56 PM (12 years ago) | Newbie
Reply
- Shydaimma at 25-05-2012 12:13 AM (12 years ago)
(f)
 Grin Grin

good for her... enjoy ur money Cool

Posted: at 25-05-2012 12:13 AM (12 years ago) | Hero
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- Ifemylove at 25-05-2012 12:21 AM (12 years ago)
(f)
Correct woman....if na 9ja men/women nw, dem go dey hire body guard 4 only 1 million....
Posted: at 25-05-2012 12:21 AM (12 years ago) | Gistmaniac
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- Tee-boi at 25-05-2012 12:50 AM (12 years ago)
(m)
Correct woman....if na 9ja men/women nw, dem go dey hire body guard 4 only 1 million....


how u know she doesn't have body guard? i bet u would do more than that with just u 500k in ur acct
Posted: at 25-05-2012 12:50 AM (12 years ago) | Newbie
Reply
- Tee-boi at 25-05-2012 12:52 AM (12 years ago)
(m)
how u know she doesn't have body guards? i bet u would do more than that with just 500k in ur acct*
Posted: at 25-05-2012 12:52 AM (12 years ago) | Newbie
Reply
- ozonadakar at 25-05-2012 01:31 AM (12 years ago)
(m)
Quote from: Tee-boi on 25-05-2012 12:50 AM
Correct woman....if na 9ja men/women nw, dem go dey hire body guard 4 only 1 million....


how u know she doesn't have body guard? i bet u would do more than that with just u 500k in ur acct
no her very well
Posted: at 25-05-2012 01:31 AM (12 years ago) | Upcoming
Reply
- Princestevo at 25-05-2012 01:58 AM (12 years ago)
(m)
good news Cool
Posted: at 25-05-2012 01:58 AM (12 years ago) | Upcoming
Reply
- SAINTKITTS at 25-05-2012 02:04 AM (12 years ago)
(m)
 Cool Cool Cool Cool Cool Cool

Posted: at 25-05-2012 02:04 AM (12 years ago) | Upcoming
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- Neglito at 25-05-2012 02:04 AM (12 years ago)
(m)
Wetin concern me and Australia. 2 days flight. too moda phyuking far.
Posted: at 25-05-2012 02:04 AM (12 years ago) | Gistmaniac
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- Ecto at 25-05-2012 04:48 AM (12 years ago)
(m)
Any chance of me marrying her?
Posted: at 25-05-2012 04:48 AM (12 years ago) | Gistmaniac
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- Ecto at 25-05-2012 04:53 AM (12 years ago)
(m)
Is she richer that our corrupt government officials who seat on our oil money?

I think she may not be. Just that her wealth can easily be measured by the things she owns while the loots of our corrupt leaders are so scattered and hidden

to be accurately measured by any known human wealth measurement scale.
Posted: at 25-05-2012 04:53 AM (12 years ago) | Gistmaniac
Reply
- osupia at 25-05-2012 06:12 AM (12 years ago)
(m)
my wife will soon join her on the top ten list........... Tongue Tongue Tongue Tongue
Posted: at 25-05-2012 06:12 AM (12 years ago) | Upcoming
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- fuckinjoe2 at 25-05-2012 06:13 AM (12 years ago)
(m)
pls try am get me her yahoo id, she is a confirm maga........ Roll Eyes Roll Eyes

Posted: at 25-05-2012 06:13 AM (12 years ago) | Gistmaniac
Reply
- mickky21 at 25-05-2012 06:15 AM (12 years ago)
(m)
ok....congrats woman
Posted: at 25-05-2012 06:15 AM (12 years ago) | Upcoming
Reply
- denmal at 25-05-2012 06:29 AM (12 years ago)
(m)
ok na
Posted: at 25-05-2012 06:29 AM (12 years ago) | Gistmaniac
Reply
- Solidstonez at 25-05-2012 07:08 AM (12 years ago)
(f)
Quote from: beholdsunshine on 24-05-2012 11:56 PM
Naija guys never see this one marry? Sharp guys where una dey.
Roll Eyes Roll Eyes Roll Eyes Roll Eyes

Posted: at 25-05-2012 07:08 AM (12 years ago) | Addicted Hero
Reply
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