Australia's wealthiest person is Gina Rinehart, a business magnate whose ascent from taking over a faltering family company to running a multibillion-dollar empire is evidence of her drive and tenacity. Born in 1954 to mining pioneer Lang Hancock, Rinehart assumed leadership of Hancock Prospecting upon her father's passing in 1992. Under her direction, the business grew its mining operations, especially in iron ore, and rose to prominence in the Australian economy. Her position as a key player in the international mining business is cemented by her flagship project, the Roy Hill iron ore mine, which is among the biggest in the nation. However, there has been some debate around Rinehart's voyage. She is well-known for her conservative political beliefs and outspoken positions on topics like labor wages and deregulation, which frequently provoke public discussion. The difficulties of distributing wealth across generations have also been highlighted by the well reported personal conflicts, especially those involving her children and control of the family trust. Despite these difficulties, Rinehart's reputation as a strong entrepreneur endures, and her impact may be seen in public affairs and philanthropy in addition to mining.
ThriftBooks sells millions of used books at the lowest everyday prices. We personally assess every book's quality and offer rare, out-of-print treasures. We deliver the joy of reading in recyclable packaging with free standard shipping on US orders over $15. ThriftBooks.com. Read more. Spend less.