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Billionaire Profile
Bianca Rinehart
Global Rank
#1805

Image: Public domain | via Wikimedia Commons

Bianca Rinehart

CEO, Hancock Prospecting
AU
Real-Time Net Worth
$2.1B
As of December 2025
Age
48
Source
Mining
Industry
metals-mining
Citizenship
AU

Biography

Bianca Rinehart, born in 1977, is an Australian businesswoman and a prominent figure in the mining industry. As the eldest daughter of Gina Rinehart, she is a trustee of the Hope Margaret Hancock Trust, which owns a significant portion of Hancock Prospecting, a major player in metals-mining. Her career has been intertwined with the family business, and she has played a key role in its operations and strategic decisions. Bianca's net worth is estimated to be $2.1 Billion, primarily derived from her stake in the mining enterprise. She replaced her mother as trustee in 2015. She holds a degree in hospitality and hotel management. Her career has been marked by significant contributions to the mining sector, and her work has been instrumental in shaping the legacy of Hancock Prospecting. She has worked at Hancock Prospecting in various roles, and continues to be involved in legal battles.

Wealth Over Time

In-Depth Profile

Early Life

Bianca Hope Rinehart was born on February 9, 1977, in Perth, Western Australia. She is the daughter of Gina Rinehart and Greg Milton. Bianca spent her early years in the Pilbara region before attending St Hilda's Anglican School for Girls in Perth. She later attended Phillips Academy in Massachusetts.

Rise to Success

Bianca's path to success has been closely linked to her family's business, Hancock Prospecting. After finishing school, she briefly studied economics at the University of Sydney. She then worked for her father, gaining an extensive knowledge of the Pilbara iron-ore industry. She has played a key role in the family business. She has also studied Mandarin in Beijing, foreign policy at Harvard University, and business at Macquarie University in Sydney.

Key Business Strategies

Bianca is the trustee of the Hope Margaret Hancock Trust, which owns 23.45% of Hancock Prospecting. She and her brother John have been involved in legal battles regarding the family trust. In 2014, Bianca and her brother John launched a legal battle alleging that their mother had stripped valuable assets from the trust. As of September 2024, Hancock disclosed that it had provided A$6 billion for dividends that will be paid after the dispute is resolved.

Philanthropy

Information on Bianca Rinehart's specific philanthropic contributions is limited. However, Hancock Prospecting, the company she is associated with, has supported various initiatives. The company has supported Rowing WA's inaugural Corporate Regatta to raise awareness for Telethon. Hancock Prospecting also gave a new Empacher racing hull to the women's youth program at Swan River Rowing Club.

Career Milestones

2015

Trustee of the Hope Margaret Hancock Trust

Became trustee, replacing her mother, after a legal battle. The trust owns a significant stake in Hancock Prospecting.

Philanthropy & Social Impact

Children's charity

Telethon

Undisclosed

Supported Rowing WA's inaugural Corporate Regatta to raise awareness for Telethon.

Sports

Swan River Rowing Club

Undisclosed

Donated a new Empacher racing hull to the women's youth program.

Business Philosophy & Leadership

Notable Quotes

"I am pleased that as a result of this judgment, the trust he [grandfather Lang Hancock] set up will now be able to be managed in the best interests of its beneficiaries: my sisters, my brother and myself."

Controversies & Challenges

2014

Legal Battle Against Mother

Launched a legal battle against her mother, Gina Rinehart, alleging mismanagement of the Hope Margaret Hancock Trust.