Rinehart, Gina

From Astro-Databank
Jump to navigation Jump to search
Name
Rinehart, Gina Gender: F
Georgina Hope Hancock
born on 9 February 1954
Place Perth, Australia, 31s57, 115e51
Timezone AWST h8e (is standard time)
Data source
Date w/o time
Rodden Rating X
Collector: Scholfield
Astrology data s_su.18.svg s_aqucol.18.svg 19°53' s_mo.18.svg s_taucol.18.svg or s_aricol.18.svg



Gina Rinehart (2015)
photo: Minister for Trade and Investment The Hon Andrew Robb AO MP, license cc-by-3.0

Biography

Australian mining magnate, philanthropist and heiress, she was the world's richest woman in 2012. Rinehart is the Executive Chairman of Hancock Prospecting, a privately-owned mineral exploration and extraction company founded by her father, Lang Hancock.

As of September 2020 Forbes considered Rinehart one of the world's ten richest women. Rinehart was Australia's wealthiest person from 2011 to 2015, according to both Forbes and The Australian Financial Review; and again in 2020, according to The Australian Financial Review. Her wealth peaked at around A$29 billion in 2012, at which point she overtook Christy Walton as the world's richest woman and was included on the Forbes list of The World's 100 Most Powerful Women. Rinehart's net worth dropped significantly over the following few years due to a slowdown in the Australian mining sector; rebuilt again during 2020 due to increased demand for Australian iron ore.

Gina Rinehart is the only child of Hope Margaret Nicholas and iron ore magnate Lang Hancock. Until age four, she lived with her parents at Nunyerry then Mulga Downs in outback Western Australia. Later Rinehart boarded at an Anglican School for Girls in Perth. She briefly studied economics at the University of Sydney, before dropping out and working for her father, gaining an extensive knowledge of the Pilbara iron-ore industry. Rinehart rebuilt the HPPL company to become one of the most successful private companies in Australia's history.

In 1973, at age 19, Rinehart met Englishman Greg Milton while both were working in Wittenoom. At this time Milton changed his surname to an earlier family name Hayward. Their children John Langley and Bianca Hope were born in 1976 and 1977 respectively. The couple separated in 1979 and divorced in 1981. In 1983 she married corporate lawyer and Arco executive, Frank Rinehart, aged 66, in Las Vegas. They had two children, Hope and Ginia, born in 1986 and 1987 respectively. Frank Rinehart received a scholarship to Harvard for his services in the then US Army air Corp. He was top of Harvard College, and then top of Harvard Law School, while also studying engineering, and holding a full-time and two part time jobs. Frank Rinehart died in 1990.

Since 2010 Rinehart has been actively promoting the cause of development of Australia's north and has spoken, written articles and published a book on this topic. Rinehart stresses that Australia must do more to welcome investment and improve its cost competitiveness, particularly when Australia faces record debt. She advocates a special economic zone in the North with reduced taxation and less regulations and has enlisted the support of many prominent Australians, plus the Institute of Public Affairs.

Link to Wikipedia biography

Relationships

  • compare to chart of Scott, MacKenzie (born 7 April 1970). Notes: Top 10 female billionaires

Events

  • Relationship : Marriage 1973 (Greg Hayward)
  • Relationship : End significant relationship 1979 (Separated from Greg Hayward)
  • Relationship : Divorce dates 1981 (Greg Hayward)
  • Relationship : Marriage 1983 (Frank Rinehart)
  • Work : Gain social status 2012 (Declared as world's richest woman)

Source Notes

Sy Scholfield quotes birth notice (no time given), "HANCOCK: To Lang and Hope, Feb. 9, at St John's - a daughter" (West Australian [Perth], 12 Feb. 1954, p. 28).

Categories

  • Family : Childhood : Family noted (Daughter of Lang Hancock, iron ore magnate)
  • Family : Childhood : Only child
  • Family : Relationship : Number of Marriages (Two)
  • Family : Relationship : Widowed
  • Family : Parenting : Kids more than 3 (Four)
  • Lifestyle : Financial : Gain - Financial success in field
  • Lifestyle : Financial : Gain - Inheritance (Heiress)
  • Lifestyle : Financial : Philanthropist
  • Lifestyle : Financial : Wealthy (A$29 billion in 2012)
  • Passions : Criminal Victim : Lawsuit sued (Litigant)
  • Vocation : Business : Business owner
  • Vocation : Business : Entrepreneur
  • Vocation : Business : Top executive
  • Vocation : Politics : Activist/ political
  • Vocation : Writers : Textbook/ Non-fiction
  • Vocation : Misc. : Mining (Magnate)
  • Notable : Famous : Notable extremes (World's richest woman, 2012)