Billionaire Profile
G
Global Rank
#2104

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

Ginia Rinehart

CEO, Mining
AUSTRALIA
Real-Time Net Worth
$1.921B
Estimated based on Mining stock value as of March 6, 2026
0% (24h)
Age
71
Source
Mining
Industry
Metals & Mining
Citizenship
AUSTRALIA

Biography

Georgina Hope "Ginia" Rinehart (born February 9, 1954) is the executive chairwoman of Hancock Prospecting, a private mining and agricultural business, and is the wealthiest person in Australia. Her source of wealth stems from mining, particularly iron ore, which she inherited and transformed. Through her leadership, Hancock Prospecting has become the most successful private company in Australia's history. Rinehart's career began working with her father, Lang Hancock, in the Pilbara iron-ore industry. Her achievements include the development of the Roy Hill iron ore project. As of December 2025, her estimated net worth is $25 billion.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Georgina Hope Rinehart was born in Perth, Western Australia, on February 9, 1954. She spent her early childhood in the Pilbara region of Western Australia before attending St Hilda's Anglican School for Girls in Perth. She briefly studied economics at the University of Sydney before joining her father, Lang Hancock, in the family's iron ore mining business.

Rise to Success

In 1992, following her father's death, Ginia Rinehart became the executive chairwoman of Hancock Prospecting. She transformed the company from a financially troubled entity into a highly successful industry leader. Under her leadership, Hancock Prospecting diversified from prospecting to mining and expanded its investments in iron ore, copper, potash, gold, coal, and agriculture. A pivotal achievement was the development of the Roy Hill iron ore project, which commenced shipments to Asia in 2015. Rinehart's strategic investments extended into rare earth minerals and the gas sector, and she is also a major cattle producer.

Key Business Strategies

Rinehart has focused on key strategies to build Hancock Prospecting. She rebuilt the company, expanding its ventures and maintaining tight control over operations. She has also expanded her holdings into areas outside the mining industry, making significant investments in areas such as rare earth minerals. Her strategy includes diversification and strategic partnerships. For example, in May 2024, Hancock Prospecting and Chilean mineral company SQM completed the acquisition of lithium outfit Azure Minerals in Western Australia.

Philanthropy

Ginia Rinehart has been involved in philanthropy, and supports various medical, health, educational, sporting, and community organizations. In 2012, Swimming Australia announced a $10 million funding arrangement over 4 years with the Georgina Hope Foundation in conjunction with Hancock Prospecting. She also supports breast cancer charities. In 2026, Rinehart donated $16 million to boost healthcare for rural Australians through the Royal Flying Doctor Service.

Career Milestones

1992

Executive Chairwoman, Hancock Prospecting

Took over leadership of Hancock Prospecting, transforming it into a successful mining company.

2015

Roy Hill Project

Oversaw the start of shipments to Asia from the Roy Hill iron ore project.

2022

Officer of the Order of Australia

Recognized for distinguished service to the mining sector, philanthropy, and sport.

Philanthropy & Social Impact

Healthcare

Royal Flying Doctor Service

$16M

Donation to enhance healthcare for rural Australians

Sports

Swimming Australia

$10M

Funding arrangement to support the Australian Swim Team.

Healthcare

Sydney Children's Hospitals Foundation

$5M

Donation to the Sydney Children's Hospitals Foundation

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

Innovation

Transforming Hancock Prospecting into an industry-leading innovator.

Diversification

Expanding Hancock Prospecting's investments into various sectors beyond mining.

Strategic Partnerships

Developing investment strategies based on strategic partnerships to mitigate risk.

Controversies & Challenges

2011

Family Trust Dispute

Legal battles with children over a family trust.

2021

Climate Change Denial

Expressed climate change denialist views during a speech.

2024-25

Political Donations

Hancock Prospecting made donations to Advance, a right-wing group.