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The Guardian - AU
The Guardian - AU
Business
Sarah Martin

Iron will: Australia’s richest person counts the cost as court orders she share mining millions with rival family

Mining billionaire Gina Rinehart
Mining billionaire Gina Rinehart has political connections in the Trump White House and Australia’s parliament. Photograph: Bloomberg/Getty Images

Australia’s richest person is reeling after a landmark court decision found her company must pay royalties worth hundreds of millions of dollars to a rival mining dynasty.

Gina Rinehart, a multibillionaire with political connections in both the White House and the Australian parliament, has been described by members of the US conservative movement as “a female Donald Trump”. The 72-year-old, who inherited her father’s iron ore empire in Australia’s Pilbara region, has fought multiple claims against the family company Hancock Prospecting that were first launched in 2010.

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