Gina Rinehart is Australia’s richest woman and stepped out in a dress that cost nearly $4 million.
Ms. Rinehart wore a $1600 Dolce & Gabbana thong and a sophisticated pearl and sapphire necklace to the CEO Magazine 2022 Executive Of The Year Award in Sydney.
Margot McKinney is believed to have rare and large-sized pearls. They use Australian South Sea pearls that have been meticulously graded.
There are no two pearls the same, so it is important to have extreme precision when creating a strand.
This necklace is believed to be the company’s ‘Once in a Blue moon” piece. It has been dubbed the “life’s work of a pearl farmer”.
“The Maxima Pinctada oyster, which produces the finest pearls, must be at its maturity to produce such a large pearl. And then so few pearls are perfectly round with no blemishes and perfect luster,” reads the description of the necklace on Margot McKinney’s website.
“This is why the strand of pearls was created only after 10 years of sorting through literally millions upon millions of pearls.
“This is a truly remarkable piece of nature. It is rare and very important. It will be a treasured family heirloom.”
The piece was valued at $3.8 million when Ms. McKinney spoke to it at the Mercedes-Benz Brisbane Fashion Festival 2017.
Nine was told that “this is the most amazing piece.”
You have to wait for years before you can find oysters that can produce pearls this large.
Recently, Mrs. Rinehart was in the news for her decision to withdraw her $15 million
sponsorship of Netball Australia. This has been taken up by the Victorian Government.
After it was revealed that Diamonds players were worried about wearing uniforms that featured sponsorship branding from Hancock Prospecting, the saga began.
It is believed that Indigenous player Donnell William didn’t feel comfortable wearing a uniform featuring the logo due to shocking comments made in the 1980s by Lang Hancock, Ms. Rinehart’s father. He famously suggested that Indigenous Australians should “breed themselves out”.
After sensationally dismantling the $15 million deal, Hancock Prospecting released a blistering statement criticizing “virtue signaling” by teams.