#2147

John Hancock

Australia 50 years old

Overview

Source of Wealth
Mining
Residence
London
Education
University of Notre Dame (Master of Business Administration)
Marital Status
Married
Children
3

Assets

  • Aura Energy Limited
    19,750,000 shares @ -
    -
    AEE-AU
  • Vulcan Energy Resources
    4,053,000 shares @ -
    -
    VUL-AU

Biography

John Hancock is the eldest child of Australia's richest woman, Gina Rinehart.

Together with his three sisters, Bianca, Hope and Ginia, he is the beneficiary of a trust that owns a large stake in mining giant Hancock Prospecting.

He is involved in a bitter court battle to take control of the trust from his mother and potentially increase their stake.

He is a senior adviser at Lind Partners LLC. He also runs his own private investment fund.

Hancock disclosed that as of September 2023 it had provided A$5.44 billion for dividends that will be paid after the dispute between Bianca and her brother John against their mother is resolved.

About

He changed his surname from Rinehart to Hancock at age 27, after his grandfather, mining mogul Lang Hancock.

Hancock finished school at the prestigious Phillips Academy in Andover, Massachusetts.