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Barchart
Barchart
Aditya Raghunath

Billionaire Gina Rinehart Is Now the Top Investor in MP Materials. Should You Follow the Money and Buy MP Stock Too?

MP MP Materials Gina Rinehart Pentagon Earth

According to a Bloomberg report, Australian mining magnate Gina Rinehart has made a significant bet on American rare earths. Rinehart became the top shareholder in MP Materials (MP) after boosting her stake to 8.4% in Q3 of 2025. The markets responded to the news by sending MP stock up about 9% yesterday, just to fall by almost the same amount during today's trading session.

The mining billionaire, whose net worth is $32.3 billion from iron ore operations in Western Australia, picked up another million shares through her investment firm, Hancock Prospecting. 

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