GINA RINEHART has ridden her iron ore inheritance to the top of Australia's inaugural Resource Rich List.

With a fortune estimated at $5.5 billion, the Perth-based owner of Hancock Prospecting pipped another Perth iron ore tycoon, Andrew Forrest, who has been judged by researchers at RESOURCESTOCKS magazine to be worth $5.45 billion.

The RESOURCESTOCKS Rich List

1. Gina Rinehart - Hancock Prospecting - Iron ore - $5.5 billion

2. John Andrew Forrest - Fortescue Metals - Iron ore - $5.4 billion

3. John Grill - Worley Parsons – Engineering- $1.5 billion

4. Clive Palmer - Australasian Resources - Iron ore - $1.1 billion

5. Bill Paterson - Worley Parsons – Engineering - $913 million

6. Ken Talbot - Macarthur Coal – Coal - $664 million

7. Angela Bennett - Wright Prospecting - Iron ore - $650 million

8. Michael Wright - Wright Prospecting - Iron ore - $650 million

9. Ric Stowe - Griffin Coal – Coal - $600 million

10. Kerry Harmanis - Jubilee Mines - $500 million

11. Peter Meurs - Oxiana Resources - Copper/gold - $436 million

12. Robert Healy - Paladin Resources – Uranium - $417 million

13. Mark Creasy - Yandal Investments - Gold - $400 million

14. Alex Krueger - Whitehaven Coal - Coal - $381 million

15. David Dix - AED Oil – Petroleum - $355 million

16. Anthony Poli - Aquila Resources - Coal/iron - $341 million

17. Tony Haggarty - Whitehaven Coal - Coal - $300 million

18. Kenneth Tregonning - AED Oil - Petroleum - $257 million

19. Chris Ellison - Mineral Resources - Engineering services - $210 million

20. Robert de Crespigny - Scarborough Investments - Portfolio Investments - $200 million

21. Gerald Keet - Straits Resources - Coal - $198 million

22. Peter Bond - Linc Energy - CSG - $177 million

23. Terrence Streeter - Western Areas - Nickel - $176 million

24. Alvin David Toms - Straits Resources - Coal - $175 million

25. Charles Bass - Aquila Resources - Coal - $173 million

26. Brian Flannery - Felix Resources - Coal - $150 million

27. John Borshoff - Paladin Resources - Uranium - $138 million

28. Peter Lester - Oxiana Resources - Copper/gold - $134 million

29. Ian Gandel - Alliance Resources - Uranium - $132 million

30. Dale Elphinstone - Queensland Gas - Coal methane - $132 million

31. Norman Seckold - Bolnisi Gold - Gold/silver - $131 million

32. Jeff Sells - Oxiana - Copper/gold - $129 million

33. David Law Tieng Seng Midwest Corporation - Iron ore - $124 million

34. Kim Robinson - Kagara Zinc - Zinc/copper - $123 million

35. Josef and Sami El-Raghy Centamin Egypt - Gold - $116 million

36. Dudley Leitch - Bolnisi Gold - Gold - $113 million

37. Owen Hegarty - Oxiana Resources - Copper/gold - $105 million

38. Graeme Rowley - Fortescue Mining - Iron ore - $104 million

39. Gillian Swaby - Paladin Resources - Uranium - $96 million

40. Michael Kiernan - Territory Resources - Iron ore - $92 million

41. Frank Carr - Carrick Gold - Gold - $90 million

42. Giovanni Santalucia - Fox Resources - Nickel - $85 million

43. Paul Kopejtka - Murchison Metals - Iron ore - $77 million

44. Robert Bryan - Queensland Gas - Coal methane - $76 million

45. David Knappick - Felix Resources - Coal - $74 million

46. Terry Byrt - RMA Energy - Base metals - $72 million

47. Jeffery Mcglinn - NRW Holdings - Mining services - $72 million

48. Steve Wyatt - Mineral Resources - Mining services - $72 million

49. Rick Crabb - Paladin Resources - Uranium - $69 million

50. Peter Joseph - Dominion Mining - Gold - $68 million

51. Nicholas Silverthorne - NRW Holdings - Mining services - $67 million

52. Kent Swick - Swick Mining - Mining services - $65 million

53. Craig Burton - Mirabela Nickel - Nickel - $64 million

54. Fritz Kundrum - Whitehaven Coal - Coal - $62 million

55. John Rubino - Monadelphous - Engineering services - $61 million

56. Zaccaria Rossi - Paladin Resources - Uranium - $61 million

57. Bob Gavranich - Mineral Resources - Engineering services - $60 million

58. Roseanne Swick - Swick Mining - Drilling - $60 million

59. Nick Georgietta - Equigold - Gold - $58 million

60. John Ellice Flint - Santos - Petroleum - $56 million

61. Michael O'Keefe - Riversdale Mining - Coal - $55 million

62. John Cunningham - Fortescue Metals - Iron ore - $49 million

63. Bill Clough - Mirabela Nickel - Nickel - $48 million

64. Larry Benke - Worley Parsons - Engineering services - $47 million

65. Brett Fogarty - GRD - Engineering services - $46 million

66. Donna Loxton - Sundance Resources - Iron ore - $45 million

67. Ron Sayers - Ausdrill - Drilling - $45 million

68. Andrew Plummer - King Island Scheelite - Wolfram - $44 million

69. Derek Cowlan - Aquila Resources - Coal - $43 million

70. Nicholas Curtis - Sino Gold - Gold - $43 million

71. Ian Buchhorn - Heron Resources - Nickel - $43 million

72. Clive Jones - Bannerman Resources - Uranium - $42 million

73. Edward Smith - Australian Worldwide - Petroleum - $41 million

74. Peter Cook - Metals X - Tin - $41 million

75. Michael Quilllen - Whitehaven Coal - Coal - $41 million

76. Paul Brunner - Boart Longyear - Drilling - $41 million

77. Keith Ross - Whitehaven Coal - Coal - $40 million

78. Chris Catlow - Fortescue Metals - Iron ore - $41 million

79. Russell Scrimshaw - Fortescue Metals - Iron ore - $41 million

80. Leon Pretorius - Deep Yellow - Uranium - $39 million

81. Scott Smith - Australian Worldwide - Petroleum - $37 million

82. Robert Vagoni - Murchison Metals - Iron ore - $37 million

83. John Green - Worley Parsons - Engineering services - $37 million

84. Anthony Bohnenn - Grange Resources - Iron ore - $37 million

85. Peter Wade - Mineral Resources - Engineering services - $35 million

86. John Lynch - Citigold - Gold - $35 million

87. Mervyn Greene - Deep Yellow - Uranium - $34 million

88. Anthony Billis - Tribune Resources - Gold - $34 million

89. Donald Okeby - Metals X - Tin - $33 million

90. Stephen Jermyn - Centennial Coal - Coal - $33 million

91. Kenneth Ambrecht - Fortescue Metals - Iron ore - $33 million

92. George Jones - Gindalbie Metals - Iron ore - $33 million

93. Andrew Wood - Worley Parson - s - Engineering services - $33 million

94. Donal Windram - Albidon - Nickel - $33 million

95. Michael Masterman - Po Valley - Petroleum - $31 million

96. Peter Batten - Bannerman Resources - Uranium - $30 million

97. Joshua Pitt - Hampton Hill - Exploration - $30 million

98. Wayne McCrae - CuDeco - Copper - $30 million

99. Heng Siow Kwee - Territory Resources - Iron ore - $30 million

100. Craig Williams - Equinox Minerals - Copper - $30 million

Footnote:

This list is compiled largely from director and manager filings lodged by companies listed on the Australian Securities Exchange. Some estimates of private wealth are based on research by other publications. Many members of the Resource Stock's rich list have interests in more than one company and one commodity and in some cases the wealth is in two names. Space precludes listing all of those interests. The wealth estimate is a gross number and makes no allowance for debt, tax, or possible claims by family members on an individual's wealth. This list is a snapshot. It is not, and can never be, 100% accurate, but it does provide an insight into the wealth being created by the resources sector which is benefiting all Australians.

This article is by Greg Tubby and appeared first in RESOURCESTOCKS magazine.

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