Gina Rinehart Net Worth

Gina Rinehart has an estimated net worth of $25 billion, according to Forbes Real-Time Billionaires, Gina Rinehart profile (figures as of October 20, 2026). That is up from $15.2 billion in 2019.

Gina Rinehart is an Australian mining executive and the chairwoman of Hancock Prospecting. She took over the privately owned company in 1992 after the death of her father, Lang Hancock. Forbes says she is Australia’s richest citizen, with wealth tied mainly to iron ore. Her rise in business came from rebuilding Hancock Prospecting after it had been under financial strain and turning it into a major force in mining.

Much of Rinehart’s wealth comes from Hancock Prospecting’s iron ore assets, especially the Roy Hill project. Roy Hill began shipments to Asia in 2015 and became the company’s biggest asset. Over time, she also pushed into other areas. Forbes notes that she has invested in rare earth minerals and gas. Outside mining, she became Australia’s second-largest cattle producer, while also making investments in media groups during the 2010s.

How Gina Rinehart makes money

Rinehart’s fortune is centered on mining. Forbes says her wealth comes from iron ore, and Hancock Prospecting is the main vehicle behind it. The company’s standout asset is Roy Hill, a mining project that started sending shipments to Asia in 2015. That project helped turn Hancock Prospecting into the core of her wealth. Her position as chairwoman also puts her at the center of the company’s strategy and long-term investments.

She has also widened Hancock Prospecting’s reach beyond iron ore. Forbes says she has made major investments in rare earth minerals and the gas sector. In May 2024, Hancock Prospecting and Chilean mineral company SQM completed the $1.1 billion acquisition of Azure Minerals in western Australia. Forbes also says she became Australia’s second-largest cattle producer, with properties across the country, adding another important business line alongside mining.

How her Forbes fortune moved

Forbes has shown sharp swings in Rinehart’s fortune over time. It put her at $13.1 billion in 2020, then $30.2 billion in 2022. That jump fits the facts around her business: iron ore is the main source of wealth, and Roy Hill is Hancock Prospecting’s largest asset. Wikipedia’s background notes also point to stronger demand for Australian iron ore during 2020, which helped rebuild her wealth after earlier weaker years.

The Forbes estimate later reached $30.8 billion in 2024 before easing to $25.5 billion in 2026. As of October 20, 2026, Forbes’ real-time billionaires tracker put her at $25 billion. Even with that drop, the business stayed active. In October 2024, Hancock Prospecting disclosed that it had $6 billion in trust accounts. That detail points to the large pool of assets still connected to the company behind her wealth.