Mining magnate Gina Rinehart has become the first woman to top the BRW Rich 200 in its 28-year history, after she increased her wealth from $4.75 billion to $10.3 billion last year.
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Rinehart, who has prospered due to the increase in coal and iron ore prices, first appeared on the rich list in 1992, becoming a billionaire in 1996. She is followed on the list by Glencore’s Ivan Glasenberg, with a wealth of $8.8 billion, and Andrew Forrest, another miner, on $6.18 billion.
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The Dow Jones Industrial Average was up 38.45 points to 12,394.66 today. The Australian dollar dropped to 104.40 US cents.