Friday, November 27, 2020

10 wealthiest Women in Australia

 

1.Gina Rinehart

Executive Chairman, Hancock Prospecting

AGE: 66

SOURCE OF WEALTH: mining

RESIDENCE: Perth, Australia

NET WORTH: $14.8B

·         Australia's richest citizen built her wealth on iron ore.

·         In May 2019, a high court ruled that her longtime litigation with two of her children and Wright Prospecting could be settled behind closed doors.

·         The daughter of high profile iron-ore explorer Lang Hancock, Gina took her late father's bankrupted estate and rebuilt it into something much larger.

·         The biggest piece of her fortune comes from the Roy Hill mining project, which started shipments to Asia in 2015.

·         The mining magnate is also Australia's third-largest cattle producer, with a portfolio of properties across the country.

2.Bianca Rinehart

SOURCE OF WEALTH: mining

CITIZENSHIP: Australia

NET WORTH: $3.1B

 

·         Gina Rinehart's four children are equal beneficiaries of the Hope Margaret Hancock Trust, which owns 23.45% of Hancock Prospecting.

·         Bianca Rinehart is the trustee of the trust.

·         Bianca and brother John Hancock launched a legal battle against their mother in 2014, alleging that she had stripped valuable assets from the trust.

·         Only the youngest child, Ginia, works for Hancock Prospecting.


3.Fiona Geminder

AGE: 55

SOURCE OF WEALTH: manufacturing

RESIDENCE: Melbourne, Australia

NET WORTH: $2.3B

·         Fiona Geminder owns almost 40% of listed plastics-packaging business Pact Group, with husband Raphael Geminder.

·         She also holds a large stake in her family's paper packaging and recycling business, Visy Asia-Pacific.

·         She holds the stake with her brother Anthony Pratt and sister Heloise Pratt, who are both also billionaires.

4.Heloise Pratt

AGE:58

SOURCE OF WEALTH: manufacturing, investment

RESIDENCE: Melbourne, Australia

NET WORTH: $1.76B

 

·         She is the sister of fellow billionaires Anthony Pratt and Fiona Geminder.

·         The three siblings hold stakes in the Melbourne family's Visy Asia-Pacific packaging business.

·         Heloise also built Thorney Investments with her now-separated husband, Alex Waislitz.

·         The firm holds stakes in more than 20 listed companies, ranging from gas and mining services to renewable energy, biotech and airline bookings.

·         She also owns about 30% of listed investment company Thorney Opportunities and a property portfolio.

5.Angela Bennett

AGE: 76

SOURCE OF WEALTH: mining

RESIDENCE: Perth, Australia

NET WORTH: $1.65B

 

·         Angela Bennett's wellspring of wealth is her share of a royalty paid by mining giant Rio Tinto on every ton of iron ore it mines in Western Australia.

·         The royalty was negotiated by her father, Peter Wright, and his partner, Lang Hancock, father of fellow Western Australian billionaire Gina Rinehart.

·         Bennett holds a major stake in Wright Prospecting, which is in litigation with Rinehart's Hancock Prospecting over various iron-ore properties.

·         In 2009 Bennett sold her Mosman Park mansion in Perth for A$57.5 million, an Australian record then and still a Western Australian record.

·         Bennett's 40-year-old son Todd Bennett is the executive director of her private investment company AMB Holdings. 

6.Gretel Packer

AGE: 54

SOURCE OF WEALTH: casinos

RESIDENCE: Sydney, Australia

NET WORTH: $1.65B

·         Gretel Packer is the elder sister of fellow billionaire James Packer.

·         She became a billionaire after James split their family estate 10 years after the 2005 death of their father, media mogul Kerry Packer.

·         Famously low-profile, she was the driving force behind the establishment of the $160 million National Philanthropic Fund in 2014.

·         The fund is supported by the family's 44%-owned Crown Resorts and the Packer Family Foundation, which she chairs.

·         She is also an arts patron, who sits on the boards of the Art Gallery of New South Wales and the Sydney Theatre Company.

7.Judith Neilson

AGE: 74

SOURCE OF WEALTH: investments

RESIDENCE: Sydney, Australia

NET WORTH: $1.02B

 

·         Neilson is the ex-wife of billionaire Kerr Neilson and is also a billionaire. She's reported to have her own property portfolio.

·         She holds a stake in international equities manager Platinum Asset Management, founded in 1994 by her former husband.

·         The Zimbabwe-born former graphic designer is founder and director of Sydney's White Rabbit Gallery.

·         The gallery showcases one of the world's biggest collections of contemporary Chinese art post-2000.

·         She kick started another Sydney art gallery and a performance space called Phoenix.

8.Cyan Ta’eed

AGE:37

SOURCE OF WEALTH: Entreprenuership

RESIDENCE: Melbourne, Australia

NET WORTH: $216M

 

She is the co-founder of Melbourne based online business Envato - a subscription-based creative asset marketplace with a community over 8 million people. Named one of Australia’s coolest companies for women and coolest companies in tech in 2015.

And Is the founder of ethical chocolate company Hey Tiger.

Steps to Success:

·         Completed Graphic Design Degree

·         Secured work at a boutique agency

·         Wanted more and started her own business at age 23

·         In 2006 launched her startup while living in her parents' basement at age 24

·         Never gave up and developed her business skills over time

 

9.Melanie Perkins

AGE:31

SOURCE OF WEALTH: Technology Entreprenuer

RESIDENCE: Melbourne, Australia

NET WORTH: $218M

Melanie founded est. $1 Billion online design and publishing platform Canva. Since its launch in 2013, Canva has exploded to over 15 million users in 190+ countries and now has more than 500 team members.

Steps to Success:

·         Coined the Canva idea while teaching University design programs

·         Saw students struggle to learn the basics

·         Wanted beautiful design to be accessible to everyone

·         Tested her idea for Canva with Fusion Books - designing high school yearbooks in Australia

·         Met Silicon Valley venture capital investor Bill Tai at a Perth Conference

·         Flew to San Francisco to pitch to him with a paper print out because she didn’t own an iPad.

·         Kept refining her strategy and pitch despite over one hundred investor rejections before someone said "Yes!”

 

10.           Kayla Itsines

AGE:28

SOURCE OF WEALTH: Entrepreneurship

RESIDENCE: Adelaide, Australia

NET WORTH: $64M

At 28 years Kayla has just welcomed her first baby! Oh, and she has also built a fit and healthy $64 million fortune. Combined, Kayla and Tobi are worth $486 million - making them the wealthiest self-made 20-something-year-olds in Australia.

Along with her partner Tobi Pearce, Kayla developed the extremely popular fitness app SWEAT (previously called Sweat with Kayla in 2015), and the Bikini Body Guide. SWEAT reportedly made a gobsmacking $77 million in 2018. Combining fitness and meal plans at a $20 per month subscription, the app is designed to replace the need for a monthly gym membership.

Steps to Success

·         After an early interest in fitness, pursued a career in personal training

·         Launched a blog and Instagram account posting before and after pics of her clients

·         Developed 12-week "Bikini Body Guide” with Tobi which was a huge success

·         Continued growing her following and was reaching a worldwide audience

·         Branched out of Australia to the States and UK on a worldwide fitness tour

·         Launched her app "Sweat with Kayla.”

·         Now has more than 10 million Instagram followers

·         Continues to build on her brand with a book and range of merchandise

 

The aforementioned subject is brought to you, courtesy of National Mail.


National Mail is an online news platform of Globe Chamber of Commerce and Trade Nigeria that focuses on business development, Investment, trade, economic exchange and development. 

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