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| Gina Rinehart |
Gina Rinehart is now the world's richest woman, stealing the limelight form Wal-Mrt heiress Christy Walton. The Business Review Weekly has revealed its Rich 200 list, and the mining tycoon's personal fortune at USD28.48 billion has put her on the top slot. Even last March, Forbes placed Walton and her family's net worth at USD25.3 billion, while Rinehart's fortune stood at USD 18 billion. But the roles seem to have reversed in last two months. According to BRW, 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.
Rinehart, 58, heiress to an iron ore prospection 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.
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