Gina Rinehart loses control of $5b family trust. The decision follows a bitter and public 3½-year war that saw Mrs Rinehart and her youngest daughter, Ginia, 28, pitted against her eldest two children, John, 39 and Bianca.
A day after the country's richest person Gina Rinehart lost control of a multi-billion dollar family trust, her son has called on a federal cabinet minister to explain himself. John Hancock, who has battled his mother in the courts for almost four years, described Barnaby Joyce as "naïve" and asked him to come clean on why he supported Rinehart's conduct as trustee, and pressured Hope Rinehart (John's sister) to drop the court case.
Australian mining magnate Gina Rinehart has criticised her country's economic performance and said Africans willing to work for $2 a day should be an inspiration. Ms Rinehart is said to make nearly A$600 (£393) a second, and her views have been dismissed by Prime Minister Julia Gillard.
Gina Rinehart Calls For Sterilization of The Poor May. 28, 2013. Conservative billionaire Gina Rinehart called for the sterilization of the poor today, arguing that the only way to alleviate poverty is to stop the "underclasses" from multiplying.