← 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

Investing.com
Asia FX weakens on Iran jitters, yuan soft after China data underwhelms
Bloomberg Markets
Copper Extends Retreat as US-Iran Stalemate Fuels Inflation Fear
Bloomberg Markets
China Economic Data Surprises on the Downside, HSBC Says
Bloomberg Markets
Strategists Say Soaring Japanese Bond Yields Show Fiscal Worries
Investing.com
Global bond rout deepens as inflation fears mount
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