Article by Nicholas Comino, courtesy of Daily Mail Australia
16.05.2025
Australia’s richest woman Gina Rinehart has quietly acquired a $35million cattle station to her already sprawling agricultural empire.
Ms Rinehart’s company S. Kidman & Co has snapped up Jindabyne Station, a 7,000ha property in northern New South Wales.
It marks the company’s first station purchase in more than two decades.
The station, 23km east of Ashford, has the capacity to run 3,500 breeding cows and will be folded into the expanding Kidman Premium Wagyu operation.
Ms Rinehart, who is worth an estimated $46billion, owns 67 per cent of S. Kidman & Co, with Chinese partner Shanghai CRED holding 33 per cent.
The billionaire’s agricultural footprint has grown in recent years following the sale of ten iconic cattle stations that totalled 6.7million hectares – twice the size of Singapore.
Proceeds from those sales have been reinvested into premium Wagyu production and prime grazing land across Australia.
Earlier this year, Rinehart acquired the 10,000ha Wongaboori Station near Mendooran to her holdings in a deal worth more than $70million.
The acquisition of Wongaboori Station expanded Gina Rinehart’s footprint in the Mendooran region to over 26,000ha.
This is in addition to the 16,600ha Glencoe Aggregation, which includes Glencoe Station, Boogadah, Caigan, and Hiddendale.
The Glencoe Aggregation has become a central hub for Hancock Agriculture’s full-blood Wagyu and F1 herd, now numbering over 12,000 cattle.
Across Hancock Agriculture and S. Kidman & Co, Rinehart owns more than 20 properties nationwide, spanning 3.5million hectares.
Rinehart is one of Australia’s largest beef producers, owning over 150,000 head of cattle. S. Kidman & Co is currently hiring for Jindabyne Station, advertising for a machinery operator and station hand.
Ms Rinehart made headlines earlier this year for her public interventions during and after the federal election in Australia.
She blamed the ‘left media’ for the Liberal Party’s defeat, saying it had frightened the party from doing ‘anything Trump’.
The billionaire said Anthony Albanese’s landslide victory had already had negative impacts on the resource industry.
‘Indeed within an hour of so of the election result being called, a friend who started her own business and is a small business owner said she’s going to close and move overseas,’ she wrote.
‘Australians have overwhelmingly voted in returning the PM and government, we must wish him well, with carefully considered policies that don’t lead us quickly to becoming an Argentina prior to the outstanding [president Javier] Milei.’
Hancock Prospecting and Ms Rinehart were contacted by Daily Mail Australia.
