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Gina Rinehart

October 31, 2012

Australia’s richest woman, Gina Rinehart, has received a blow after a court ruled that a lawsuit brought against her by her three children couldn’t be dismissed.

Australia’s richest woman, Gina Rinehart, has received a blow after a court ruled that a lawsuit brought against her by her three children couldn’t be dismissed.

The ruling comes on the back of a dispute among Rinehart family members. Three of the mining tycoon’s four children – John, Hope and Bianca – want to remove Rinehart from her role as the sole trustee of the family trust.

September 28, 2012

Life appears never to be dull for Gina Rinehart, the world’s richest woman and head of mining family business Hancock Prospecting, who is now facing a legal challenge over her ownership of the family’s assets.

Life appears never to be dull for Gina Rinehart, the world’s richest woman and head of mining family business Hancock Prospecting, who is now facing a legal challenge over her ownership of the family’s assets.
 

May 9, 2012

In a new twist to the ongoing feud in Australia’s Rinehart family, the children of Gina Rinehart, the country’s richest person and head of the family’s mining business, can now claim their share of the family trust, but it may come at a price.

In a new twist to the ongoing feud in Australia’s Rinehart family, the children of Gina Rinehart, the country’s richest person and head of the family’s mining business, can now claim their share of the family trust, but it may come at a price.

Rinehart, who personally owns 75% of Hancock Prospecting, has changed the vesting date of the family trust from 2068 to April 2012, according to reports in the Australian press.

March 9, 2012

Gina Rinehart, Australia’s richest person, has lost a legal battle to keep details of a family feud private, leading to controversial email exchanges with her children being published in the Australian press.

Gina Rinehart, Australia’s richest person, has lost a legal battle to keep details of a family feud private, leading to controversial email exchanges with her children being published in the Australian press.

On 9 March, the High Court of Australia upheld a ruling by an appeals court that allowed documents about the case to be made publicly accessible. The case revolved around the management of the family’s trust – three of Rinehart’s four children took her to court accusing her of allegedly abusing her role as trustee of the fund.

January 30, 2012

Bianca Hope Rinehart, daughter of Australia’s richest woman, has officially left the board of mining family business Hancock Prospecting, following a fall-out with her mother.

Bianca Hope Rinehart, daughter of Australia’s richest woman, has officially left the board of mining family business Hancock Prospecting, following a fall-out with her mother.

The 33-year-old, who was considered the heir-apparent to Gina Rinehart (pictured), was reportedly removed from the board of the family’s flagship iron ore business on 31 October last year.

January 10, 2012

Gina Rinehart, head of mining powerhouse Hancock Prospecting, has promoted the only one of her four children to back her in a family quarrel to the boards of three family-controlled companies.

Gina Rinehart, head of mining powerhouse Hancock Prospecting, has promoted the only one of her four children to back her in a family quarrel to the boards of three family-controlled companies.

Ginia Rinehart, 25, will replace her older sister Bianca Rinehart on the board of HMHT Investments, one of the family’s main firms, according to The Australian newspaper.

November 8, 2011

Small-scale businesses dominate Australia's family business sector, but the country was also the birthplace of some of the world's most famous family business names, such as Rupert Murdoch. CampdenFB takes a look at some of the leading Australian family businesses in an interactive graphic.

Small-scale businesses dominate Australia's family business sector, but the country was also the birthplace of some of the world's most famous family business names, such as Rupert Murdoch. However, unlike Europe and Asia, the country's family business history is relatively short. Lionel Samson & Sons, thought to be Australia's oldest continuing family business, is six generations old.

September 19, 2011

Family-controlled Indian infrastructure company GVK Group, chaired by GV Krishna Reddy, is to acquire a majority stake in a company owned by Australia’s richest person, Gina Rinehart. Reddy and his family, estimated to be worth more than $1 billion (€733 million) according to Forbes, are buying a 79% stake in Hancock Coal and Infrastructure, a subsidiary of the Rinehart family business Hancock Prospecting.

Family-controlled Indian infrastructure company GVK Group, chaired by GV Krishna Reddy, is to acquire a majority stake in a company owned by Australia’s richest person, Gina Rinehart.

Reddy and his family, estimated to be worth more than $1 billion (€733 million) according to Forbes, are buying a 79% stake in Hancock Coal and Infrastructure, a subsidiary of the Rinehart family business Hancock Prospecting.

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