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Gina Rinehart
Georgina Hope Rinehart (née Hancock, born 9 February 1954) is an Australian mining magnate and businesswoman. Rinehart is the Executive Chairman of Hancock Prospecting, a privately owned mineral exploration and extraction company founded by her father, Lang Hancock. Rinehart was born in Perth, Western Australia, and spent her early years in the Pilbara region. She boarded at St Hilda's Anglican School for Girls and then briefly studied at the University of Sydney, dropping out to work with her father at Hancock Prospecting. She was Lang Hancock's only child, and when he died in 1992leaving a bankrupt estateshe succeeded him as executive chairman. She turned a company with severe financial difficulties into the largest private company in Australia and one of the largest mining houses in the world. When Rinehart took over Hancock Prospecting, its total wealth was estimated at 75 million, which did not account for group liabilities and contingent liabilities. She oversaw ...
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Perth
Perth is the capital and largest city of the Australian state of Western Australia. It is the fourth most populous city in Australia and Oceania, with a population of 2.1 million (80% of the state) living in Greater Perth in 2020. Perth is part of the South West Land Division of Western Australia, with most of the metropolitan area on the Swan Coastal Plain between the Indian Ocean and the Darling Scarp. The city has expanded outward from the original British settlements on the Swan River, upon which the city's central business district and port of Fremantle are situated. Perth is located on the traditional lands of the Whadjuk Noongar people, where Aboriginal Australians have lived for at least 45,000 years. Captain James Stirling founded Perth in 1829 as the administrative centre of the Swan River Colony. It was named after the city of Perth in Scotland, due to the influence of Stirling's patron Sir George Murray, who had connections with the area. It gained c ...
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Net Worth
Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Since financial assets minus outstanding liabilities equal net financial assets, net worth can also be conveniently expressed as non-financial assets plus net financial assets. It can apply to companies, individuals, governments or economic sectors such as the sector of financial corporations or to entire countries. By entity Calculation Net worth is a combination of financial assets and liabilities. The financial assets that contribute to net worth are homes, vehicles, various types of bank accounts, money market accounts, and stocks and bonds. The liabilities are financial obligations such as loans, mortgage, accounts payable (AP) that deplete resources. Companies Net worth in business is also referred to as equity. It is generally based on the value of all assets and liabilities at the carrying value which is th ...
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Newman, Western Australia
Newman, originally named Mount Newman until 1981, is a town in the Pilbara region of Western Australia. It is located about north of Perth, and north of the Tropic of Capricorn. It can be reached by the Great Northern Highway. Newman is a modern mining town, with homes contrasting with the surrounding reddish desert. The 2021 population was 6,456. The Hickman Crater is north of Newman. History Newman was established as Mount Newman by Mt. Newman Mining Co. Pty Ltd (a subsidiary of BHP) in 1966 as a company town to support the development of iron ore deposits at nearby Mount Whaleback. The town takes its name from nearby Mount Newman, named in honour of government surveyor Aubrey Woodward Newman (son of Edward Newman who also died young) who died of typhoid aged 28 at Cue on 24 May 1896, while on an expedition from Nannine to the Ophthalmia Range. William Frederick Rudall then took charge of the expedition and named Mount Newman to honour his deceased leader. Abori ...
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Rose Porteous
Rose Porteous (born Rosario Magdalena Teresita Lacson on 26 October 1948), a Filipino-born Australian, is best known for her marriage to Western Australia iron ore mining magnate Lang Hancock, and the protracted legal battle with his daughter, Gina Rinehart, over the circumstances that led to his death, and the distribution of his estate. The action, commenced by Rinehart in 1992, was eventually settled in 2003 following a coronial inquiry that determined Hancock died of natural causes. Porteous, who lives in Perth and Melbourne, is often referred to by the media as a socialite. Biography Born in Bacolod, Negros Occidental, Philippines, Porteous is the daughter of Nicolas Lacson and Amparo Lacson. Her grandfather, General Aniceto Lacson, was a prominent military figure in Negros Occidental during the Philippine Revolution while her uncle, Arsenio Lacson, was the first elected mayor of Manila. After spending time in Hong Kong, Spain, Singapore and Malaysia, Porteous arrived in ...
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The Australian Women's Weekly
''The Australian Women's Weekly'', sometimes known as simply ''The Weekly'', is an Australian monthly women's magazine published by Mercury Capital in Sydney. For many years it was the number one magazine in Australia before being outsold by the Australian edition of '' Better Homes and Gardens'' in 2014. , ''The Weekly'' has overtaken '' Better Homes and Gardens'' again, coming out on top as Australia's most read magazine. The magazine invested in the 2020 film '' I Am Woman'' about Helen Reddy, singer, feminist icon and activist. Editor-in-chief Nicole Byers told Film Ink "Helen’s story of adversity and triumph is nothing short of inspirational. ''The Weekly'' has been telling stories of iconic Australian women for more than 80 years and we're delighted to be supporting the film production". History and profile The magazine was started in 1933 by Frank Packer and Ted Theodore as a weekly publication. The first editor was George Warnecke and the initial dummy was laid out b ...
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Wittenoom, Western Australia
Wittenoom is a declared contaminated site and former townsite north-north-east of Perth, in the Hamersley Range in the Pilbara region of Western Australia. The declared contaminated site comprises , making it the "largest contaminated site in the southern hemisphere". The area around Wittenoom was mainly pastoral until the 1930s when mining for blue asbestos began in the area. By 1939, major mining began in Yampire Gorge, which was subsequently closed in 1943 when mining began in Wittenoom Gorge. In 1947 a company town was built, and during the 1950s it was the Pilbara's largest town. The peak population, as recorded by the Australian census conducted on 30 June 1961, was 881 (601 males and 280 females). During the 1950s and early 1960s Wittenoom was Australia's only supplier of blue asbestos. The mine was shut down in 1966 due to unprofitability and growing health concerns from asbestos mining in the area. The former townsite no longer receives government services. In Dece ...
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The West Australian
''The West Australian'' is the only locally edited daily newspaper published in Perth, Western Australia. It is owned by Seven West Media (SWM), as is the state's other major newspaper, '' The Sunday Times''. It is the second-oldest continuously produced newspaper in Australia, having been published since 1833. It tends to have conservative leanings, and has mostly supported the Liberal–National Party Coalition. It has Australia's largest share of market penetration (84% of WA) of any newspaper in the country. Content ''The West Australian'' publishes international, national and local news. , newsgathering was integrated with the TV news and current-affairs operations of ''Seven News'', Perth, which moved its news staff to the paper's Osborne Park premises. SWM also publish two websites from Osborne Park including thewest.com.au and PerthNow. The daily newspaper includes lift-outs including Play Magazine, The Guide, West Weekend, and Body and Soul. Thewest.com.au is the ...
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Perth, Western Australia
Perth is the capital and largest city of the Australian state of Western Australia. It is the fourth most populous city in Australia and Oceania, with a population of 2.1 million (80% of the state) living in Greater Perth in 2020. Perth is part of the South West Land Division of Western Australia, with most of the metropolitan area on the Swan Coastal Plain between the Indian Ocean and the Darling Scarp. The city has expanded outward from the original British settlements on the Swan River, upon which the city's central business district and port of Fremantle are situated. Perth is located on the traditional lands of the Whadjuk Noongar people, where Aboriginal Australians have lived for at least 45,000 years. Captain James Stirling founded Perth in 1829 as the administrative centre of the Swan River Colony. It was named after the city of Perth in Scotland, due to the influence of Stirling's patron Sir George Murray, who had connections with the area. It gained ci ...
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St John Of God Subiaco Hospital
St John of God Subiaco Hospital is a private hospital in Subiaco, Western Australia, founded in . History Archbishop of Perth Matthew Gibney invited eight sisters of St John of God to Western Australia in 1895 to help people with typhoid fever during the 1890s gold rush. He provided land for them to set up a hospital in a timber building in Subiaco, which opened on 19 April 1898 with fifteen beds, increased to thirty by 1900. The hospital accepted all patients – private, reduce-fee and free-bed – regardless of denomination, and distributed them throughout the buildings so that sisters were unaware of their status. In 1939, the hospital had the second-largest maternity department in WA after King Edward Memorial Hospital. Babies born to single mothers were often adopted out, sometimes forcibly. In 2011, the hospital was among many institutions named in submissions to a Federal parliamentary inquiry into forced adoption in Australia. Files containing details of adoptions ar ...
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Forbes List Of Australia's 50 Richest People
The ''Forbes'' list of Australia's 50 richest people is a list of Australia's fifty wealthiest individuals and families, ranked by personal net worth published annually by ''Forbes Asia'' magazine. The list provides a short summary on some of the known business activities of the individuals and families, together with commentary on how their ranking has changed from the previous year, if listed. The list is published annually in January in an online format and updated daily, also online. In 2019, the entry mark for the 50th richest individual was 750 million. The wealthiest individual in the 2019 list was Gina Rinehart, estimated to have a personal net worth of 14.8 billion; a 2.6 billion decrease in her personal net worth of 17.4 billion, as estimated by ''Forbes'' in 2018. 2019 marked the eighth time that Rinehart had headed the list. Prior to 2013, the list included the forty richest people in Australia; expanded to Australia's fifty wealthiest individua ...
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The Australian
''The Australian'', with its Saturday edition, ''The Weekend Australian'', is a broadsheet newspaper published by News Corp Australia since 14 July 1964.Bruns, Axel. "3.1. The active audience: Transforming journalism from gatekeeping to gatewatching." (2008). "''The Australian'' has long positioned itself as a loyal supporter of the incumbent government of Prime Minister John Howard, and is widely regarded as generally favouring the conservative side of politics." As the only Australian daily newspaper distributed nationally, its readership of both print and online editions was 2,394,000. Its editorial line has been self-described over time as centre-right. Parent companies ''The Australian'' is published by News Corp Australia, an asset of News Corp, which also owns the sole daily newspapers in Brisbane, Adelaide, Hobart, and Darwin, and the most circulated metropolitan daily newspapers in Sydney and Melbourne. News Corp's Chairman and Founder is Rupert Murdoch. ...
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Financial Review Rich List 2021
The ''Financial Review'' Rich List 2021 is the 38th annual survey of the 200 wealthiest people resident in Australia, published by the ''Australian Financial Review'' on 27 May 2021. The net worth of the wealthiest individual, Gina Rinehart, was $31.06 billion; while the net worth of the 200th wealthiest individual, Douglas Clarke, was {590 million; up from $540 million for the 200th individual in 2020. The combined wealth of the 200 individuals was calculated as $479.6 bn, an increase of $55.6 bn on the previous year; compared with a combined wealth of $6.4 bn in 1984 when the '' BRW'' Rich 200 commenced. Thirty-nine women were included on the 2021 Rich List, representing 19.5 percent of the list; up from thirty women in 2020, or 12 percent. The list included eighteen debutants. Rinehart held the mantle of Australia's wealthiest individual between 2011 and 2015; and was also the wealthiest Australian individual in 2020. From 2017 to 2019, Antho ...
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