Georgina "Gina" Hope Rinehart (born 1954) is the Chairman of Hancock Prospecting, and the daughter of mining magnate Lang Hancock. She has been described as "Australia's richest woman", with a net worth of more than AU$4bn. She is best-known for her part in an acrimonious fight with her father's widow, Rose Porteous, over the circumstances of his death. On 17 May 2006, BRW magazine named Rinehart Australia's first female billionaire with a value of AU$1.8bn. She was ranked Australia's eighth richest person in that magazine's 2006 Rich List. On the 2007 Rich List, released on 30 May 2007, BRW named Rinehart Australia's fourth richest person, up four places from last year, on the back of Australia's resources boom with a fortune valued at AU$4bn. BRW editor, James Thomson, said that with the continuation of the boom Rinehart is in the best position to challenge James Packer as Australia's richest person.[1]
References
- "Billion dollar baby", Victoria Laurie, The Australian, 2005-07-07. Accessed 2005-10-12.
- Forbes Magazine
