← Scoopfeeds — Intelligent news, curated.
Billionaire Gina Rinehart Bets $100 Million on US Defense Stocks
business

Billionaire Gina Rinehart Bets $100 Million on US Defense Stocks

Bloomberg Markets · May 18, 2026, 1:36 AM · Also reported by 2 other sources

Gina Rinehart, Australia’s richest person, invested almost $100 million in US weapons-makers and also backed two mining companies during the first quarter of this year.

Read full story on Bloomberg Markets → More top stories

Also covered by

Yahoo Finance This billionaire says the market may be in for a ‘breathtaking’ correction — but he’s still buying AI stocks. Here’s why Yahoo Finance Billionaire Chase Coleman's Tiger Global bets $180M on surging semiconductor stock

More in business

CNBC
Mizuho shares slide 7% after denying decision on reported Rakuten Bank investment shift
Bloomberg Markets
Global Bond Rout Adds to India Stock Bulls’ Rupee Worries
CNBC
South Korea market volatility nears record high after $13 billion foreign investor selloff
CNBC
China's April economic data underwhelms, with retail sales growth slowing to lowest since 2022
Financial Times
China’s industrial production growth slows
Aggregated and edited by the Scoop newsroom. We surface news from Bloomberg Markets alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop