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Rinehart

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.

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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