Well-off Rinehart world’s wealthiest woman

Australian Gina Rinehart is named the world's richest woman by BRW (Business Review Weekly) magazine.

AUSTRALIAN BROADCASTING CORPORATION (ABC) - Australia's Gina Rinehart has been named the world's wealthiest woman.

Business Review Weekly magazine says she's worth around 28 billion US dollars.

Rinehart inherited her father Lang Hancock's mining fortune in 1992.

At the time she was reportedly worth about 73 million U.S. dollars.

Since then, Rinehart has taken advantage of Australia's resources boom and greatly multiplied her assets.

But it seems one can never be too rich to ask for a tax reduction.

Tara Cleary, Reuters.