2/03/2012

Who is Gina Rinehart?

Mining tycoon Gina Rinehart is Australia's richest man or woman, with a personalized wealth estimated to top rated $10.three billion. She first appeared on the Enterprise Assessment Weekly prosperous cheap soccer jerseys free shipping checklist in 1992 and has been on the checklist every single yr given that, turning out to be a billionaire in 2006.
Ms Rinehart's success has soared above the previous few years owing to the iron ore mining increase, and she has widened her investments to incorporate stakes in media companies.
But the tycoon has also attracted public fascination since of her strained relationship with her family.
Ms Rinehart was born Georgina Hope Hancock in Western Australia in 1954 - the only daughter of Hope Margaret Nicholas and mining magnate Lang Hancock.
She pulled out of Sydney University following a year of studying economics and joined the loved big and tall soccer jerseys ones business, Hancock Prospecting.
Over the years she honed her understanding of the Pilbara iron-ore industry, and when her father died in 1992 she became the head of the household firm.
That yr, she also turned concerned in a bitter lawful fight with her stage-mom over the situations that led to her father's demise and the distribution of his estate.
The authorized action did not stop right up until 2003, when a coronial inquiry decided Mr Hancock died of cheap soccer scarves organic brings about.
Ms Rinehart expanded the organization for many years but remained publicity-shy.
In 2010 the billionaire hit the headlines when she led protests against Labor's proposed mining tax.
She also launched the anti-carbon tax and climate change sceptic lobby team Australians for Northern Advancement and Economic Eyesight.
In November final yr she purchased stakes in Coach Outlet Channel 10 and Fairfax Newspapers.
She has now reportedly increased her stake in Fairfax by five per cent, using her somme stake in the business to about nine per cent.
She has also attracted media interest since of her strained partnership with a few of her four young children.
Ms Rinehart has 4 kids from two marriages. She married Englishman Greg Milton when she was 19 and the few had two kids, John Langley and Bianca Hope, but divorced in 1981.
Two years later on she married American lawyer Frank Rinehart. They had two youngsters jointly, Ginia and Hope, ahead of Frank Rinehart died in 1990.
Final 12 months Hope Rinehart Walker, Bianca Rinehart and John Hancock commenced lawful motion versus Ms Rinehart, in search of to have her removed as a trustee in a multi-billion-dollar family members believe in.
Ms Rinehart's youngest daughter, Ginia, sided with her mom and is a defendant in the circumstance.
Specifics of the situation have been suppressed by the NSW Supreme Courtroom.report=2012-02-03data


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