Gina Rinehart

Georgina Hope Rinehart (née Hancock, born 9 February 1954) is an Australian mining magnate, businesswoman and heiress. She is the chairwoman of Hancock Prospecting, a privately owned mining company founded by her father, Lang Hancock. Rinehart was born in Perth, and spent her early years in the Pilbara region. She boarded at St Hilda's Anglican School for Girls. After dropping out of University of Sydney, she went to work at Hancock Prospecting. When Lang Hancock died in 1992, Rinehart succeeded him as the new chair, as Lang Hancock's only child. In the 2010s, Rinehart began investing in areas outside the mining industry, such as in Ten Network Holdings and Fairfax Media, and bought several cattle stations; she sold her shares in Fairfax and all cattle stations within a decade. Rinehart is Australia's richest person. Her wealth reached around A$29 billion in 2012, at which point she overtook Christy Walton as the world's richest woman and was included on the Forbes list of The World's 100 Most Powerful Women. Rinehart's net worth dropped significantly over the following few years due to a slowdown in the Australian mining sector. Forbes estimated her net worth in 2019 at US$14.8 billion as published in the list of Australia's 50 richest people. However, her wealth was rebuilt again during 2020 due to increased demand for Australian iron ore, so that by May 2023, her net worth as published in the 2023 Financial Review Rich List was estimated in excess of A$37 billion; while in March 2021, The Australian Business Review stated her wealth equalled A$36.28 billion. As of September 2020 Forbes considered Rinehart one of the world's ten richest women. Rinehart was Australia's wealthiest person from 2011 to 2015, according to both Forbes and The Australian Financial Review; and again every year since 2020, according to The Australian Business Review and The Australian Financial Review.

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