Saturday, 26 May 2012

The Richest Woman In The World



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.

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.

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.”

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