BillionaireNet
Rinehart
Gina Rinehart
Rank #97
AUSTRALIAMetals & MiningMining

Gina Rinehart

Net Worth
$23.737B
0% (24h)
Gina Rinehart is an Australian mining magnate and businesswoman, ranked #71 globally. Her estimated net worth is $30.5 billion, primarily derived from her significant holdings in the mining sector. As the executive chairwoman of Hancock Prospecting, she transformed the company into a leading iron ore producer. Her career has been marked by her father's legacy in the mining industry and a series of legal battles. Rinehart has expanded into agriculture and media. She is known for her outspoken advocacy for the mining and agricultural sectors, and has received many awards. She also supports various philanthropic initiatives.

The Full Dossier

Early Life

Georgina Hope Rinehart was born on February 9, 1954, in Perth, Western Australia. She is the only child of Lang Hancock, the iron ore magnate, and Hope Margaret Nicholas. Rinehart spent her early years in the Pilbara region, later attending St Hilda's Anglican School for Girls. She briefly studied economics at the University of Sydney before entering her father's business.

Rise to Success

After her father's death in 1992, Rinehart took over Hancock Prospecting. Despite the company being in debt, she revitalized it. With the iron ore boom of the early 2000s, she became a billionaire. Her flagship achievement is the development of the Roy Hill project.

Key Business Strategies

Rinehart has focused on iron ore, expanded into rare earth minerals, and the gas sector. She has made significant investments in Australia's mining and agricultural sectors. Rinehart also expanded into agriculture, purchasing cattle stations.

Philanthropy

Rinehart supports various philanthropic causes. She has been a major sponsor of Australian swimming, volleyball, rowing, and synchronized swimming teams and supports education for women and girls in Cambodia. She was awarded the Royal Order of Sahametrei by the King of Cambodia for her charitable contributions.

Career Timeline

2022

Officer of the Order of Australia (AO)

Appointed as an Officer of the Order of Australia for her contributions to the mining sector, philanthropy, and sports patronage.

2015

Roy Hill Project Shipments Begin

The Roy Hill mining project, Hancock's biggest asset, started shipping iron ore to Asia.

2006

Became a Billionaire

Achieved billionaire status due to the iron ore boom.

1992

Executive Chairwoman of Hancock Prospecting

Assumed leadership of Hancock Prospecting after her father's death.

Philanthropic Impact

EducationUndisclosed

Cambodian Children's Fund

Supports underprivileged Cambodian girls in pursuing a university education.

SportsUndisclosed

Australian Olympic Sports

Sponsorship of swimming, rowing, volleyball and synchronized swimming.

HealthUndisclosed

Royal Flying Doctor Service

Supporting aircraft purchases and preparations for the COVID-19 pandemic.

CommunityUndisclosed

Rural Aid

Patron of rural charity.

Wealth Trajectory