More significantly, it remains one of the largest leaseholders on vast swathes of the Pilbara, home to the world's largest iron ore deposits. The West Australian. © West Australian Newspapers Limited 2020. 2020 GINA Main Report 2020 GINA Report, Global Strategy for Asthma Management and Prevention. It's also propelled Fortescue chair Andrew 'Twiggy' Forrest to second place, with a net worth of $23 billion, almost triple his $7.99 billion fortune from last year. On 9-2-1954 Gina Rinehart (nickname: Gina) was born in Perth, Western Australia. But he wasn’t the biggest winner in 2020. Here's who rounded out the top 10. The executive chair of privately-owned Hancock Prospecting more than doubled her already formidable wealth over the last 12 months to $28.89 billion. She's not the only one to have been hitched to a skyrocketing iron ore price in the last two years. Get unlimited access to award-winning journalism from Western Australia's biggest newsroom with your subscription. To comment on this story and join the conversation, subscribe to The West Australian’s Everyday Digital package. It's been an incredibly tough year for many but not for Australia richest it seems. Gina Rinehart, the inaugural recipient of The CEO Magazine’s Lifetime Achievement Award last year, is the wealthiest person in the country, according to the AFR’s Rich List published on Friday.. Comments. This article is available to subscribers who have digital access included in their subscription. Comparatively, the top 200 on average 'only' increased their net worth by 24%. Hancock chair and Australia's richest person Gina Rinehart. Between bankrolling Google and Facebook adversaries, taking control of iconic Australian brand R.M. Fri, 30 October 2020 2:00AM. Both he and Rinehart are joined by no less than 10 other Australians tied to WA mines. He remains one of the few "cash billionaires" to make the AFR's list, which is often dominated by those who have their wealth largely tied up in their own companies. Discover how much the famous Entrepreneur is worth in 2020. We track celebrity net worth so you don't have to. This article is available to subscribers who have digital access included in their subscription. Like us on Facebook to see similar stories, Strained N.J. Australian mining Queen Gina Rinehart been named Australia’s richest person after losing the coveted tile last year. Your 10-point guide to the US election showdown, Eagles star and wife share birth pain to help others, Overjoyed families to reunite as hard border comes down, Teacher accused of sex assault allowed at Airbnb, Report reveals issues impacting WA‘s workforce, Reborn Gascoyne well positioned to grow production, Farmers cash in on tourist dollars amid country rush. Certainly, he's been flexing it over the last year. Josh Chiat The West Australian. Mining magnates Gina Rinehart and Andrew Forrest top 2020 Rich List as iron ore prices surge. Show full articles without "Continue Reading" button for {0} hours. Julie Bishop! Forrest's inclusion will come as a surprise to no one, banking $1.11 billion in Fortescue dividends on a single day in August on the back of "record results". All subscriptions include exclusive subscriber offers, events and giveaways with West Rewards, our subscriber rewards program. She made her 12700 million dollar fortune with Richest person in Australia, 6th richest woman in the world. (Joe Armao, SMH). All subscriptions include exclusive subscriber offers, events and giveaways with West Rewards, our subscriber rewards program. Tickets on sale now for the 2020 PrideFEST Luncheon, with keynote speakers Magda Szubanski and Hon. Your 10-point guide to the US election showdown, Eagles star and wife share birth pain to help others, Reborn Gascoyne well positioned to grow production, Europe COVID cases hit 10m as US shatters grim record, Mentally ill patients restrained face down, Farmers cash in on tourist dollars amid country rush. Get unlimited access to award-winning journalism from Western Australia's biggest newsroom with your subscription. Such was the explosion of wealth tied to iron ore that at one stage Twiggy was earning $500 million per week, according to AFR Rich List editors Michael Bailey and Julie-anne Sprague. Of those, it was clearly Australian miners that struck serious gold during the pandemic, according to this year's AFR Rich List, published in full on Thursday. Microsoft may earn an Affiliate Commission if you purchase something through recommended links in this article. The economist is currently single, her starsign is Aquarius and she is now 66 years of age. They collectively doubled their own wealth to make the top 200 list, and are estimated to control a fortune of nearly $80 billion. Visit Business Insider Australia's homepage for more stories, ustralia's richest woman to the country's richest person, banking $1.11 billion in Fortescue dividends, bankrolling Google and Facebook adversaries, Gina Rinehart $28.89 billion (up from $13.81 billion), Andrew Forrest – $23 billion (up from $7.99 billion), Anthony Pratt & family – $19.75 billion (up from $15.57 billion), Hui Wing Mau – $18.06 billion (up from $10.39 billion), Mike Cannon-Brookes – $16.93 billion (up from $9.63 billion), Scott Farquhar – $16.69 billion (up from $9.75 billion), Harry Triguboff – $14.42 billion (up from $13.54 billion), Clive Palmer – $9.18 billion (up from $4.9 billion), Frank Lowy – $8.30 billion (down from $8.56 billion), Kerry Stokes – $6.26 billion (up from $5.69 billion). A look into Gina Rinehart's net worth, money and current earnings. This article is available to subscribers who have digital access included in their subscription. It moves her again from her long-held position as Australia's richest woman to the country's richest person. Gina Rinehart has topped the 2020 AFR Rich List, with a net worth of $28.89 billion. The wealthiest Australia this year was magnate and heiress Gina Rinehart. Tickets on sale now for the 2020 PrideFEST Luncheon, with keynote speakers Magda Szubanski and Hon. Hospitals Reflect Next U.S. Crisis: Virus Update, This Pizza Giant Closed Hundreds of Restaurants This Year. Williams, chucking $70 million at a bushfire fund, as well as making some dubious comments about climate change and said bushfires, it's been a damn big year for the boy from Minderoo. The magnate has topped this year’s Australian Financial Review Rich List with a personal wealth of a staggering $28.89 billion.. Watch the video above for more on Australia’s richest people The Executive Chair of Hancock Prospecting, a privately-owned mineral exploration and extraction company founded by her father, Lang Hancock, has more than doubled her already formidable wealth … Julie Bishop! Diggers & Dealers Goldfields Gina Rinehart WA News Mining Regional WA Pilbara Iron ore. Diggers & Dealers 2020: Gina Rinehart breaks new ground again as first woman to claim forum’s highest honour. Here's who rounded out the top 10. Hancock, which she inherited from her late father Lang Hancock, specialises in mineral exploration and extraction. Rinehart's success cumulated this year as Hancock's Roy Hill mine paid out its first-ever dividend this week, after extracting one billion tonnes of iron ore over a period where the price of it keeps shooting higher as the world goes on an infrastructure spending spree. Gina Rinehart has topped the 2020 AFR Rich List, with a net worth of $28.89 billion. Wed, 14 October 2020 9:00PM. © West Australian Newspapers Limited 2020. Gina Rinehart reclaims her crown as the nation’s wealthiest person with a net worth of $28.89 billion – up a staggering 109 per cent since 2019.

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