The extraordinary life of Glencoe heiress Letitia Leake is to be commemorated at the place of her birth.


It will take the form of a brass plaque on a boulder.


Wattle Range Council has provided the Glencoe National Trust with a $1600 grant to meet some of the costs.


Ms Leake was the daughter of wealthy squatter Edward Leake and was born in 1860.


It is said the fortune which came to her after his death was the modern-day equivalent of $40m.


She opened her mansion near London, England as a military hospital during World War I and 50,000 Australian wounded soldiers were treated there.