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Australia’s cattle kings and queens on top of the world – The Australian Financial Review

Cattle prices are at record highs, adding to the fortunes of the Rich Listers who control vast tracts of land in rural Australia.

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For some reason or another you never seem to get too long in the sun, he says.
Hughes is a rusted-on member of The Australian Financial Review Rich List, with his business fortune valued at $694 million this year, up from $506 million in 2019.
Mining moguls Gina Rinehart, at No. 1 on the list, and Andrew Forrest, at No. 2, both own cattle stations and are passionate about the industry, where soaring prices are like an Akubra sitting on top of their immense iron ore earnings.
Gina Rinehart is the…

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