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Gina Rinehart is still rich

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Gina Rinehart remains miles ahead of the competition when it comes to money in the bank with the miner more than $10 billion richer than the second richest person in Australia.

Taking out the Forbes Australia Rich List again, Rinehart’s fortune grew by four per cent to $20.3 billion in 2013.

According to Forbes, Australia now has a record 30 billionaires, up from 23 in 2013.

And despite falling commodity prices, miners still featured heavily in the top 50.

Fortescue Metals Group founder and chairman Andrew Forrest added almost $1 billion to his coffers and kept fifth spot with a $5.7 billion fortune.

Glencore International chief Ivan Glasenberg, who became an Australian citizen in the 1980s, also saw his net worth grow and took out fourth place with $7.2 billion.

Media and mining equipment mogul Kerry Stokes was among those to fall down the list of with his estimated worth of $1.8 billion taking him from 13th to 16th place.

While mining magnate turned federal MP Clive Palmer just scraped into the list at 50th place, but his $632 million fortune marked a 40 per cent drop from a year earlier.

Angela Barnett, who inherited a share of an iron ore royalty paid by a subsidiary of Rio Tinto and left by her father, Peter Wright, who founded Wright Prospecting – came in at number 25.

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