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How Gina Rinehart's friendship with Trump will change Australia

Nov 25, 2024
National correspondent Mike Seccombe dives into Gina Rinehart's powerful connections in both Australian and American politics. Rinehart, Australia's wealthiest person, celebrates her friendship with Donald Trump and her influence on conservative politicians like Peter Dutton. The conversation highlights her strategic funding of think tanks and initiatives like Project 2025 that aim to shift power dynamics. It also raises questions about how her wealth shapes policy-making and the future political landscape in Australia.
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ANECDOTE

Rinehart's Wealth

  • Gina Rinehart, Australia's wealthiest person, built upon her father Lang Hancock's mining fortune.
  • Her net worth, according to Forbes, is over $30 billion, double that of the second-richest Australian.
ANECDOTE

Hancock's Legacy

  • Rinehart's father, Lang Hancock, was a controversial figure known for racist views and political donations.
  • Rinehart inherited and expanded the family mining business, Hancock Prospecting, with major projects like Roy Hill.
ANECDOTE

Political Donations and Influence

  • Rinehart donates heavily to conservative parties, sometimes through opaque channels like the Sydney Mining Club.
  • She cultivates close ties with figures like Peter Dutton, even providing him free flights on her private jet.
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