Georgina Hope Rinehartis an Australian business woman who is a billionaire. Rinehart is also a Hancock Prospecting’s chairman. The founder of this mineral exploration company was Lang Hancock he is her father. 

She was born on 9th february, 1954 in Peli. She spent her early years in the Pilbara region. And now she is the executive chairman of her fathers company and one of the richest citizens of australia.

She is an Australian business woman who has a huge net worth. In this following article we will come to know about her biography, lifestyle, net worth and other details.

Biography 

Gina Rinehart is an Australian business woman. She was born at St. John of God Subiaco Hospital on 9 February 1954 in Perth. Rinehart was born to Hope Margaret Nicholas and Lang Hancock. She was the one and only child of her parents. 

In her early life, she lived with her parents until the age of 8 on a sheep and cattle ranch before her primary school. She completed her schooling from St. Hilda’s Anglican School for Girls in Perth. 

After her schooling, she went to University of Sydney to study economics. Later Rinehart started working with her father and dropped her studies. There she gained a lot of knowledge about business, while working with her father. 

Few years later she faced a lot of challenges after her fathers death. Gina Rinehart is considered to be a heiress to the Hancock Prospecting Group fortune. Though the company was founded by Lang Hancock, her father. 

As she started working with her father from a very early age, she had an idea about the ins and outs of the business. Later she expanded the company successfully and with a long break from the iron ore boom in the early 2000s.

Networth

Gina Rinehart is one the richest people in Australia with a net worth of $14.8 billion in 2019. She is among the 50 richest people in Australia. 

As per the reports estimated net worth of Rinehart in 2023 is $37.41 billion and considered as the wealthiest Australian in 2023. 

Starting with her indebted business, she has managed everything intelligently. She has also managed to negotiate some of the best and profitable deals for her company in the mining industry. 

Approximately she earns $7 billion annually and some figures are not revealed publicly. In 2006 she became a billionaire and due to the mining boom of Australia in early years, her wealth increased abundantly from 2010. She also became the Australia’s richest woman of 2010 and Australia’s richest person in 2011.

According to the reports Rinehart was claimed as the world’s richest woman by BRW.

Gina Rinehart Personal Life

She was born in Perth on 9 February 1954. Gina Rinehart was to Hope Margaret Nicholas and Lang Hancock and was the only child of her parents.

She completed her schooling in Perth and later went to University of Sydney for higher studies. 

At the age of 19, Gina Rinehart met Englishman Greg Milton. They both were in search of work in Wittenoom. Milton changed his surname to an earlier family name Hayward. After that they had their first child John Langley in 1976. A year later they had their second child Bianca Hope in 1977.

Rinehart and Greg Milton got separated in 1979 and got divorced in 1981.

Later she married Frank Rinehart, a corporate lawyer and Acro executive in 1983. They had two childrens named Hope and Ginia in 1986 and 1987 respectively. After a few years of their marriage, Frank died in 1990.

In early years Gina Rinehart and her step mother were in a cold war. The legal fight after her fathers death continued since then. It took 14 long years to settle down with this.

 The Western Australian state government approved a mountain range to name in honor of her family. Later in 2003 John, Gina’s son, changed his surname from Hayward to Hancock. And from that time Rinehart and her son had terrible issues between them. Rinehart did not attend his son’s marriage as well.

More About Gina Rinehart 

There are more facts about Gina Rinehart. Rinehart was always an active supporter of the Westralian Secession Movement in 1970. It was founded by her father.she also had many involvement like the Workers party. She also founded the lobby group ANDEV to sponsor climate change denier Christopher Monckton. 

Rinehart faced a controversy after the sponsorship she made to express climate change denialism while giving a speech in her primary school.

Rinehart used to say this to people, if they want to have more money they

 “ Do something to make more money yourself – spend less time drinking or smoking and socializing and more time working.”

Gina Rinehart’s Achievements And Awards

At a very young age Rinehart started working with her father. Her father died in March 1992 and Gina became the Executive Chairman of HPPL (Hancock Prospecting Pty Limited) and also the HPPL group of companies. After her fathers death Rinehart achieved the Roy Hill tenements in 1993. After that she focused on developing this company

Order of Australia appointed Rinehart as an officer in 2022 for “distinguished service to the mining sector, to the community through philanthropic initiatives, and to spot as a patron.”

Bottom Line

Gina Rinehart was an Australian business woman who faced several challenges and yet managed everything after fathers death. She is one of the richest women in australia. She has 4 childrens. And has a networth of $37.41 billion in 2023 as the reports.

In this above article I have mentioned all the important information about Gina Rinehart. Thank you for reading the article till the end. I hope you found the article informative.

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