Biography & Early Wealth Journey

Matt King/Getty Images

Matt King/Getty Images

In 2013, Hope Welker settled for $45 million. Rinehart's two eldest children, John and Bianca, continued the fight. They eventually won the lawsuit and were given control over the $3 billion trust. Their mother had allegedly undertaken an elaborate ruse that involved manipulating PricewaterhouseCoopers into disseminating false information to her children, telling them they would have to pay enormous capital gains taxes if the trust was under their control. The firm claimed that Bianca would have to pay $142 million. This was actually NOT the truth. It was all an attempt to discourage her children from continuing their legal fight.

Now, Bianca Rinehart and John Hancock are fighting for an even bigger stake in the family's mining empire. In this latest lawsuit, the siblings claim that their billionaire mother wrongly transferred extremely valuable mining assets away from the family trust. Last week, a judge ruled that the dispute her kids have with her over the valuable assets should go to trial. Gina Rinehart had been seeking confidential arbitration in this matter.

Primary Income Streams & Multi-Million Contracts

Gina Rinehart has a net worth of $12.7 billion.

The case is due to return to court on June 30th.