Australia’s Wealthiest Woman Gina Rinehart, Expands Property Empire

Australia’s richest woman, Gina Rinehart, continues to expand her wealth, driven by a staggering property portfolio that spans from vast cattle stations to luxurious real estate. As a mining magnate with a fortune exceeding $34 billion, Rinehart has built a sprawling empire that keeps her cash flow booming.

One standout asset is her 918,000-hectare cattle station in Queensland’s remote outback, which skyrocketed in value from $14 million to an impressive $54 million. This is just one of over a dozen cattle stations under her control, cementing her agricultural empire. A key move in her expansion strategy was the acquisition of S Kidman & Co., a company historically tied to her maternal grandfather. By partnering with Shanghai CRED, she invested $386.5 million to double her cattle stations to 21, adding nearly 4 million hectares as part of a flourishing $200 million deal reported by the Weekly Times.

Even after selling off some land, such as a 550,000-hectare station in the Northern Territory, Rinehart still holds significant agricultural assets. These include a 400,000-hectare farm in Fitzroy Crossing, Western Australia, and 384,451 hectares in the Pilbara, a major mining region. In Queensland, her holdings under the S Kidman & Co banner total nearly 1.5 million hectares—larger than Australia’s capital cities—with plans for further expansion to capitalize on key port and market access.

Rinehart’s real estate ventures also extend to high-value properties across Australia. In Victoria, she acquired the 51-hectare Chrome Park, a prestigious livestock and horse-breeding farm, for $8.6 million. As the pandemic neared its end in 2022, she invested more than $76 million in four properties in a single Queensland suburb. Among these, a $9.75 million beach house, previously purchased by entrepreneur Therese Rein for $6.75 million just six months earlier, offers stunning ocean views and development approval. Situated near another Rinehart-owned property bought for $11.2 million, she continues to make high-profile acquisitions in the area, including a record-setting $21.5 million home.

Her interest in Queensland’s prime real estate doesn’t stop there. A Hancock Prospecting-affiliated company spent $34 million on one of the state’s most expensive homes, highlighting Rinehart’s ongoing commitment to expanding her prestigious property portfolio.

Have you read?
Best Fashion Schools.
Best Universities.
Best Medical Schools.
Best International High Schools.
Countries: Most Female Billionaires.