Georgina Hope “Gina” Rinehart (born 9 February 1954) is an Australian mining heiress. She is the daughter of Lang Hancock and Hope Margaret Nicholas.
Lang Hancock (10 June 1909 – 27 March 1992) was an Australian iron ore magnate from Western Australia who maintained a high profile in the competing spheres of business and politics.
Famous initially for discovering the world’s largest iron ore deposit in 1952 and becoming one of the richest men in Australia, he is now perhaps best remembered for his marriage to the controversial and much younger former maid Rose Porteous
Gina Rinehart, was bitterly opposed to Hancock’s relationship with Porteous. The conflicts between Rinehart and Porteous overshadowed his final years and continued until more than a decade after his death.
In the 2010s, Gina Rinehart bought a stake in media organisations, becoming the largest shareholder in Fairfax Media and taking a significant share in the Ten Network Holdings.
Gina Rinehart, continues to chair Hancock Prospecting and its expansion into mining projects continues in Western Australia and other states of Australia, estimated to be earning about A$870 million in revenue in 2011.
During 2011, both Forbes Asia and Business Review Weekly reported that Rinehart was Australia’s wealthiest person. During 2012, BRW named Rinehart as the world’s richest woman, having surpassed Christy Walton; Rinehart was surpassed, however, by L’Oreal heiress Liliane Bettencourt, Christy Walton, and Alice Walton in 2013, making Rinehart the fourth richest woman in the world.
Rinehart opposed the Rudd government’s Mineral Resource Rent Tax and Carbon Pollution Reduction Scheme as part of a group of mining magnates that included Andrew Forrest.
Rinehart founded the lobby group ANDEV, (“Australians for Northern Development & Economic Vision”) and has sponsored the trips of prominent climate change sceptic Christopher Monckton to Australia.
Since 2010 Rinehart has been actively promoting the cause of development of Australia’s North and has spoken, written articles and published a book on this topic.
Rinehart stresses that Australia must do more to welcome investment and improve its cost competitiveness, particularly when Australia faces record debt. She advocates a special economic zone in the North with reduced taxation and less regulations and has enlisted the support of many prominent Australians, plus the Institute of Public Affairs.
In a 2012 article in the Australian Resources and Investment Magazine, Rinehart said that if people wanted to have more money they should “stop whingeing” and “Do something to make more money yourself - spend less time drinking or smoking and socialising, and more time working”.
She criticised what she saw as the “socialist” policies of the Australian Government of “high taxes” and “excessive regulation”.
In a video posted to the Sydney Mining Club’s YouTube channel on 23 August 2012, (Now made “private”) Rinehart expressed concern for Australia’s economic competitiveness noting how “Indeed if we competed in the Olympic Games as sluggishly as we compete economically, there would be an outcry.”
She said “Furthermore, Africans want to work and its workers are willing to work for less than two dollars a day. Such statistics make me worry for this country’s future.”
Sections of the Video are reviewed here See: http://www.bbc.co.uk/news/business-19487985
Rinehart’s views were dismissed by the Australian Prime Minister, Julia Gillard, who said that “It’s not the Australian way to toss people $2, to toss them a gold coin, and then ask them to work for a day” and that “we support proper Australian wages and decent working conditions.”
The Australian Deputy Prime Minister and Treasurer, Wayne Swan, described Rinehart’s statement as an “insult to the millions of Australian workers who go to work and slog it out to feed the kids and pay the bills.”
References: http://en.wikipedia.org/wiki/Gina_Rinehart & http://en.wikipedia.org/wiki/Lang_Hancock
Rhinehart has also attracted the attention of groups.. TYT (The Young Turks)
Also: Published way back on on 5 Sep 2012: Majority FM - Sam Seder
“Gina Rinehart, the world’s richest woman, is at it again! The Australian woman who inherited her riches just a few days ago lectured the poor about being poor because they don’t work hard.”
Barry Humphries on Gina Rhinehart
Found these Gina “spoofs” on you tube.. lol
Get a job..
Working for Gina
Address to the Nation