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Billionaire Profile
Hope Welker
Global Rank
#1865

Image: Public domain | via Wikimedia Commons

Hope Welker

CEO, Hancock Prospecting
AU
Real-Time Net Worth
$2.1B
As of December 2025
Age
40
Source
Mining
Industry
metals-mining
Citizenship
AU

Biography

Hope Welker, at 40 years old, is the beneficiary of a trust that owns a significant stake in Hancock Prospecting, making her a prominent figure in the metals-mining industry. Her source of wealth stems from this mining enterprise, which has propelled her to a net worth of $2.1 billion. Welker's career has been marked by her involvement in the family's mining interests. She is an Australian citizen, and currently resides in the United States. Her achievements include a position on the Forbes list of billionaires. Her legal battles and family dynamics have kept her in the public eye.

Wealth Over Time

In-Depth Profile

Early Life

Hope Welker is the third child of Australian mining billionaire Gina Rinehart. She grew up in a wealthy family and received a privileged upbringing. She attended boarding school at Switzerland's Institut Le Rosey. Her grandfather was Lang Hancock, a mining magnate.

Rise to Success

Hope Welker's wealth is primarily derived from her stake in the Hancock Prospecting mining company. She is the beneficiary of a trust that holds a large share in the company. The Hancock family has been involved in the mining industry for decades.

Key Business Strategies

Welker's business strategies are not explicitly detailed in public sources. Her wealth is primarily tied to the success of Hancock Prospecting, a major player in the mining sector.

Philanthropy

Information on Hope Welker's specific philanthropic endeavors is not readily available. However, her family is known for their involvement in various charitable causes.

Business Philosophy & Leadership

Notable Quotes

"I don't think you [Gina Rinehart] understand what it means now that the whole world thinks you're going to be wealthier than Bill Gates."

Controversies & Challenges

2011

Legal Battle with Mother

Hope Welker, along with her siblings, initiated legal action against her mother, Gina Rinehart, concerning the management of a family trust. This led to strained family relationships and public scrutiny.