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Australian mining magnate, Georgina "Gina" Hope Rinehart has a net worth of $16.2 billion as of May 2019.
The Heiress of Hancock Prospecting, and the daughter of mining magnate Lang, Hancock has now seen her fortune swell thanks to high iron ore prices, rising exports to China and a deal signed in January 2012 that will see South Korean steel giant Posco take a 15% stake in her yet-to-be-developed Roy Hill iron ore mine in Western Australia.
Born 9 February 1954 at St John's, Perth, Western Australia.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2018 |
Asset |
Investment of Gina Rinehart's Australia’s largest gold producer, Newcrest Mining Ltd. for a stake in Lundin Gold Inc. to boost its presence in Ecuador, which is attracting a slate of mining giants hunting for major untapped metals deposits |
$250,000,000 |
|
2017 |
Earning Turned Donation |
Award given to Barnaby Joyce for being 'champion of industry' |
$40,000 |
|
2015 |
Asset |
Gina Rinehart's funding to open the huge Roy Hill mine |
$7,900,000,000 |
|
2015 |
Asset |
Current value of Gina Rinehart's Roy Hill mine |
$10,000,000,000 |
|
2015 |
Asset |
The Hope Margaret Hancock Trust's ownership of 23.6% of the shares in Hancock Prospecting |
$3,820,000,000 |
|
2014 |
Asset |
Purchase value of Gina Rinehart's 50% stake in Liveringa and Nerrima Stations |
$30,560,000 |
|
2012 |
Earning Turned Donation |
Funding arrangement over 4 years with Swimming Australia and the Georgina Hope Foundation in conjunction with Hancock Prospecting as support for the Australian Swim Team through direct payments to elite and targeted development swimmers, as well supporting lesser known sports such as synchronised swimming |
$10,000,000 |
|
2012 |
Earnings |
Money Gina Rinehart earned every thirty minutes |
$1,080,000 |
|
2011 |
Royalties |
Gina Rinehart's 1.25% royalty from iron ore sales by Hamersley Iron |
$129,870,000 |
|
2011 |
Earnings |
Annual revenue of Hancock Prospecting, a leading Australian owned mining and agricultural business that Executive Chairman Gina Rinehart runs |
$664,640,000 |