Billionaire Profile
G
Global Rank
#2141

Image: Adams, Oscar Fay, 1855-1919 | Public domain | via Wikimedia Commons

Ginia Rinehart

CEO, Mining
AUSTRALIA
Real-Time Net Worth
$1.973B
Estimated based on Mining stock value as of April 20, 2026
0% (24h)
Age
72
Source
Mining
Industry
Metals & Mining
Citizenship
AUSTRALIA

Biography

Ginia Rinehart, born in Perth, Australia, in 1954, is a prominent figure in the Australian mining industry. As the Executive Chairwoman of Hancock Prospecting, a company she inherited from her father, Lang Hancock, she has overseen the expansion of the company's operations in iron ore, coal, and other resources. With a current estimated net worth of $2.0 billion, Ginia has also made significant investments in the gas sector and other ventures. Her career has been marked by both business success and legal challenges, including family disputes. Her contributions to the mining sector have been widely recognized, making her a key influencer in Australian business.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

Wealth Over Time

In-Depth Profile

Early Life

Ginia Rinehart, born Georgina Hope Hancock on February 9, 1954, in Perth, Western Australia. She is the only child of Lang Hancock, who discovered major iron ore deposits. She spent her childhood in the Pilbara region.

Rise to Success

Rinehart's career began with her father's company, Hancock Prospecting. After her father's death in 1992, she became Executive Chairwoman. Under her leadership, Hancock Prospecting expanded significantly, particularly during the iron ore boom of the early 2000s. A key project in this expansion was the Roy Hill mining project. She also diversified her investments into media and other sectors.

Key Business Strategies

Rinehart's primary focus has been on developing major projects such as Roy Hill, partnering with other companies to raise capital and build mines. Her investments also include rare earth minerals and gas sector ventures. Hancock Prospecting has made significant profits and expanded its assets.

Philanthropy

Rinehart supports various charitable causes through Hancock Prospecting. The company supports medical, sporting, educational, health, and community organizations. She serves as a patron of Australian sports, including swimming, rowing, and artistic swimming.

Career Milestones

1992

Executive Chairwoman

Appointed Executive Chairwoman of Hancock Prospecting following her father's death.

2006

Billionaire

Became a nominal billionaire due to the iron ore boom.

2010

Richest Woman in Australia

Became Australia's richest woman.

2011

Richest Person in Australia

Became Australia's richest person.

2022

Officer of the Order of Australia

Appointed as an Officer of the Order of Australia for distinguished service to the mining sector, the community, and sport.

Philanthropy & Social Impact

Sports

Support for Australian Sports

Millions

Donates to swimming, rowing, volleyball, and artistic swimming teams.

Business Philosophy & Leadership

Notable Quotes

"It is very painful to have my family's disagreement argued so publicly in the Supreme Court. My loving and hard-working mother has only ever wanted the best for her children."

Leadership Principles

Mining Industry Leadership

Leading Hancock Prospecting to become a significant force in the Australian mining industry.

Strategic Investment

Diversifying investments into new commodities and sectors, like lithium, and rare earths.

Controversies & Challenges

2024

Greenwashing Allegations

Hancock Prospecting was investigated for allegedly misleading the public about the environmental impact of its gas advertisements.

2023

Legal Battles with Children

Rinehart has been involved in prolonged legal battles with her children over family trust assets.