Billionaire Rinehart is World’s Richest Woman, BRW Says

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Australian mining magnate Gina Rinehart became the world’s richest woman as her fortune almost tripled to A$29.2 billion ($28.6 billion), according to a ranking of the nation’s wealthiest people by BRW magazine.

Rinehart, who controls Hancock Prospecting Pty Ltd., soared past Wal-Mart Stores Inc.’s Christy Walton, whose wealth is estimated at A$26 billion, BRW said in a statement today.