Billionaire Gina Rinehart Invests $100 Million in US Defense Stocks
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Source: Bloomberg
Investment in Defense: Gina Rinehart, Australia's richest person, invested nearly $100 million in U.S. weapons manufacturers during the first quarter of this year.
Support for Mining Companies: In addition to her investments in weapons makers, Rinehart also backed two mining companies, indicating a focus on resource extraction and defense industries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
