World’s richest woman says those who are jealous of her wealth should ‘stop drinking, stop smoking and work harder’

  • World’s  richest woman urges Aussies to ‘spend less time drinking, smoking and  socialising’

  • She has amassed  wealth from $20 billion-plus mining empire inherited from her  father

By Frank Thorne

PUBLISHED:08:40 EST, 30  August 2012| UPDATED:10:18 EST, 30 August 2012

The richest woman in Australia has caused a  storm by calling her struggling fellow countrymen ‘whingers’ and telling them to  get out of the pub and work harder.

Billionaire mining magnate Gina Rinehart, who  is also the world’s richest woman, has never had a real job.

But she has never had it so good, riding the  crest of the resources boom in Western Australia.

The controversial Mrs Rinehart has also  attacked Australia’s ‘class warfare’ and insists it is billionaires such as  herself who are doing more than anyone to help the poor by investing their money  and creating jobs.

Outburst: Billionaire Gina Rinehart claimed it is people like her who do the most to help the poorOutburst: Billionaire Gina Rinehart claimed it is people  like her who do the most to help the poor

Aussie treasurer Wayne Swan joined a chorus  of critics after Mrs Rinehart also suggested the government should lower the  minimum wage of $606.40 per week – less than £400 – and cut taxes to stimulate  employment.

In her regular column in Australian Resources  and Investment magazine, she warns that Australia risks heading down the same  path as European economies ruined by ‘socialist’ policies, high taxes and  excessive regulation.


The daughter of the late Australian iron-ore  mining magnate Lang Hangcock, 58-year old Mrs Rinehart was declared the world’s  richest woman in May.

In calculations made by Australia’s Business  Review Weekly magazine, she was placed at the top of its Rich 200  list.

Mrs Rinehart has easily surprised Forbes’ calculation of the £16 billion estimation of Christy Walton, widow of John  Walton and holder of a major stake in the American retail giant  Wal-Mart.

In an extraordinary accumulation of riches  from the mining industry, Mrs Rinehart’s wealth has grown by an unprecedented £11 billion this year alone.

She makes more than £630,000 every 30  minutes, say financial experts.

‘There is no monopoly on becoming a  millionaire,’ writes Mrs Rinehart, who has built a $20 billion-plus mining  empire since inheriting lucrative tenements from her father, Lang Hancock, in  1992.

‘If you’re jealous of those with more money,  don’t just sit there and complain. Do something to make more money yourself – spend less time drinking or smoking and socialising, and more time working.’

But her strident comments provoked a barrage  of criticism, led by the Acting Prime Minister who earlier this month used the  music of Bruce Springsteen to attack the ‘massively wealthy” to drown out the  voices of ordinary people.

Reigniting his feud with the miner, Mr Swan  described Ms Rinehart’s comments as an ‘insult to the millions of Australian  workers who go to work and slog it out to feed the kids and pay the  bills.’

Her comments provoked a sharp response from  the union movement with Australian Council of Trade Unions President Ged Kearney  claiming her views were ‘stuck in the nineteenth century’.

Reposte: Australian treasurer Wayne Swan described Rinehart's comments as 'an insult to millions of Australian workers'Reposte: Australian treasurer Wayne Swan described  Rinehart’s comments as ‘an insult to millions of Australian workers’

‘Gina Rinehart’s comments are the product of  someone who has never had to earn a living and an insult to millions of working  Australians who didn’t have the head start of inheriting a fortune from their  father and of being able to bully politicians by virtue of their inherited  wealth,’ Ms Kearney said.

‘She has no respect for the values of  fairness and equality on which Australia was built, and displays absolute  contempt for the people who work for her.’

‘Her recipe would take Australia down the  path of a nation divided between a super-wealthy elite and an underclass of  working poor.’

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Categories: All Posts, Asset and Resource Hoarding, Societal, Strange Behavior - Of Leadership Roles

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  1. ‘Drink Less, Work More’, Billionaire Tells Non-Rich – Yahoo! Finance | Nader Nazemi
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