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Aussie billionaire Gina Rinehart unveils epic plans to give $4.1 million away in random draw

Rachel Lang

| Last updated 

Aussie billionaire Gina Rinehart unveils epic plans to give $4.1 million away in random draw

Australia's richest person Gina Rinehart will give away a fraction of her multi-billion dollar bank account to a few lucky people who will be chosen solely by fate.

The mining magnate has an estimated net worth of USD$30.2 billion, according to Forbes, and plans to hand out 41 cash purses worth AUD$100,000 (£58,000) each.

And, with AUD$4.1 million (£2.4 million) worth of prizes in total, you can see why the massive giveaway has Aussies talking.

GIna Rinehart. Credit: Hancock Prospecting
GIna Rinehart. Credit: Hancock Prospecting

So how do you be in it to win it? Well, here's the catch: you have to work at her company, Hancock Prospecting, as the mega raffle will celebrate her 41st year at the mining firm.

According to The West Australian, the raffle will be held later this week to determine which members of her mining cadre will be fortunate enough to strike gold.

Rinehart's stroke of generosity also coincides with her 69th birthday on Thursday (February 9).

This is the second time Rinehart will share around her wealth.


The 47th richest person in the world picked the names of 10 lucky staffers from her Roy Hill mine out of a hat in December last year.

The selected employees were treated to a random AUD$100,000 Christmas bonus.

One employee spoke to Perth radio station 6PR Radio to reveal some were 'miffed' over the random bonus scheme as one of the winners had only been employed at the company for three months.

Rinehart with her staff. Credit: Hancock Prospecting
Rinehart with her staff. Credit: Hancock Prospecting

But you can't argue when random names are pulled out of a hat.

The Roy Hill mine is located in Western Australia's remote Pilbara region and is the largest asset owned by Rinehart's Hancock Prospecting Group.

The 68-year-old magnate inherited Hancock Prospecting from her father, Lang Hancock, upon his death in 1992.

Rinehart's generosity comes a few months after she pulled her AUD$15 million sponsorship for the Aussie national netball team after players kicked off over the sport being associated with fossil fuels.


The Aussie billionaire launched a scathing attack against Netball Australia in October after the Diamonds raised concerns over the environmental impact of the mining company.

"Hancock and its executive chairman Mrs Rinehart consider that it is unnecessary for sports organisations to be used as the vehicle for social or political causes," Hancock Prospecting said in a statement.

The statement added: "Secondly, because there are more targeted and genuine ways to progress social or political causes without virtue signalling or for self-publicity."

They said they did not want 'to add to netball's disunity problems' as it pulled the multi-million dollar funding deal. Ouch.

Featured Image Credit: Gina Rinhart/Facebook. PlumTree Studio / Alamy.

Topics: Australia, Money, News, Good News

Rachel Lang
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