Mrs Rinehart, a mining heiress who capitalised on surging commodity prices and growing demand from China and India to build an iron ore empire worth an estimated £19 billion, wrote in her regular column in a resources magazine that Australia has lost its hard-working roots.
" I spend a fair bit of time socialising, drinking and going to the football and things like that," he told the Brisbane Times.
"That's her advice. If she doesn't want to do that she can make money all day."
Ian McIlwraith, a business commentator for Fairfax Media, of which Ms Rinehart owns a sizable stake, said she was desperate for recognition and painted a self-serving picture of Australia's history.
“Rinehart is simply frustrated that she is not getting the adoration she feels businesspeople like herself deserve, and is not yet able to cut the ribbon to open her own major mine,” he wrote.
“Her rosy - and self-serving - view of Australia's past somehow neatly avoids its origins as a convict dumping ground, but instead invites more of a US-style pattern of development by pioneering capitalists. That is almost as mythical as her $29 billion of worth.”
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