Australia richest person, Gina Rinehart, has begun handing out millions of dollars to miners and other workers in annual random prize draws to mark her ...
Why would we risk this vital industry for our nation by reintroducing an unhelpful system that didn’t work the last time we had it?” Mrs Rinehart said in a recent response to questions from The Australian Financial Review. [Brad Thompson](/by/brad-thompson-gyvn7t)writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Mrs Rinehart opted to keep drawing out names until someone in the room won a prize. Mrs Rinehart has been paying out bonuses worth many tens of thousands of dollars a year on top of some of the highest wages in Australia to Roy Hill workers in the countdown to Christmas since 2018. They will be in addition to what is known as the “chairman’s profit scheme” for Roy Hill workers and other sweeteners spread across the year for the Hancock workforce.
The mining billionaire will celebrate her 69th birthday by giving 41 lucky Hancock Prospecting workers $100...
The 41 cash prizes represent each of the 41 years she has worked at Hancock Prospecting, which she now controls in her role as executive chairperson. Rinehart is the daughter of iron-ore explorer Lang Hancock, who died in 1992. With around 4000 workers in the company, which operates in mining, energy and agriculture, each employee has a one per cent chance of coming up trumps.
Australia's richest person, said to be worth $34 billion, will hand $100,000 each to 41 lucky workers at her company, Hancock Prospecting, to mark her 41 ...
A raffle will be held this week to determine who gets the cash, A raffle will be held this week to determine who gets the billionaire’s cash. [handed out $1 million in bonuses ](https://www.news.com.au/finance/business/mining/gina-rinehart-randomly-gives-100000-christmas-bonus-to-10-workers/news-story/1d32835c8c735a87ee3eae9d5ee4e1a4)- $100,000 each to 10 workers - in a Christmas draw too. Australia’s richest person, said to be worth $34 billion, will hand $100,000 each to 41 lucky workers at her company, Hancock Prospecting, to mark her 41 years at the firm. Gina Rinehart will give $4.1 million in bonuses to 41 staff in raffle Gina Rinehart is dishing out another $4.1 million in bonuses to staff.
Australia's richest person Gina Rinehart is handing out another $4.1 million in bonuses to staff.
Gina Rinehart (pictured) will hand $100,000 bonuses to 41 Hancock Prospecting employees Australia's richest person Gina Rinehart is giving away $100,000 bonuses to workers to mark her 41 years at her company - Gina Rinehart is giving 41 bonuses of $100,000
Gina Rinehart's generosity appears to be lingering into the new year following her generous Christmas bonus gievaway, with the mining magnate rewarding 41 ...
In 2018, Roy Hill introduced the Chairman’s Profit Scheme for employees, an idea conceived by Rinehart. [6PR](https://www.6pr.com.au/rumour-confirmed-gina-rinehart-gives-1-2-million-staff-bonus/), she announced she was going to draw the 10 names out of a hat. [randomly awarded 10 Roy Hill mine workers a $100,000 Christmas bonus.](https://7news.com.au/business/mining/gina-rinehart-randomly-gives-100000-christmas-bonus-to-10-roy-hill-workers-c-9160492) [The West Australian](https://thewest.com.au/business/mining/gina-rinehart-showers-hancock-staff-with-another-41-million-in-bonuses--c-9677017), a raffle will be held for the majority of Hancock Prospecting employees and is believed to be in celebration of Rinehart’s 41 years at the company. [7plus >>](https://7plus.com.au/news?utm_source=7NEWS&utm_medium=contextual-link&utm_campaign=news-articles) [Gina Rinehart’s](https://7news.com.au/news/gina-rinehart) generosity appears to be lingering into the new year following her Christmas bonus giveaway, with the [mining](https://7news.com.au/business/mining) magnate rewarding 41 lucky staff members with a share of $4.1 million.
A few lucky workers Down Under will have to hope Lady Luck is on their side as Australia's richest person hands out cash by chance.
[ Aussie](https://www.ladbible.com/australia?source=lbozbl) billionaire launched a scathing attack against [ Netball Australia](https://www.ladbible.com/news?source=lbozbl) in October after the Diamonds raised concerns over the environmental impact of the mining company. [Australia](/australia), [Money](/money), [News](/news), [Good News](/good-news) [Millionaire will give 99% of his fortune away when he dies to to keep his kids motivated to work](/news/man-will-leave-his-fortune-to-charity-to-keep-his-kids-grounded-757067-20230131) [Mum says she can finally quit her job after winning $40 million lottery](/news/mum-says-shes-quitting-her-job-after-winning-40-million-lottery-582085-20230203) [Hardworking mum says she won't quit her job after winning $34 million in the lottery](/news/hardworking-mum-says-she-wont-quit-her-job-34-million-lottery-win-677838-20221230) [One Of Australia's Richest Women Is To Give Away All Of Her Money](/news/one-of-australias-richest-woman-is-to-give-away-all-of-her-money-20220305) So how do you be in it to win it? The [ Aussie national netball team](https://www.sportbible.com/other/aussie-netball-players-refusing-wear-uniforms-new-major-sponsor-20221018?source=lbozbl) after players kicked off over the [sport](https://www.ladbible.com/sport?source=lbozbl) being associated with fossil fuels. [The West Australian](https://thewest.com.au/business/mining/gina-rinehart-showers-hancock-staff-with-another-41-million-in-bonuses--c-9677017), the raffle will be held later this week to determine which members of her mining cadre will be fortunate enough to strike gold.
Forty-one lucky employees of Hancock Prospecting will be receiving a cash bonus of $100,000 as executive chairman Gina Rinehart prepares another raffle this ...
It's a good time to be working for WA billionaire, Gina Rinehart. To celebrate her 69th birthday tomorrow, February 9, the mining magnate is handing out ...
The birthday giveaway is rumoured to become an annual event, with this year's 41 prizes representing each year Reinhart has worked at Hancock Prospecting.
Strike Energy has accepted rival bidder Hancock Prospecting's 36¢ a share offer over its own one-for-one scrip offer, which will curiously remain open.
[Sign up to the Street Talk First Look newsletter.](https://login.myfairfax.com.au/beta/members/my_account/newsletters?callback_uri=https://www.afr.com&channel_key=9ME3ACTT4ZYY1fEMfvR2EA) [Anthony Macdonald](/by/anthony-macdonald-j7gcx)co-edits Street Talk, specialising in private equity, investment banking, M&A and equity capital markets. Connect with Anthony on [[email protected]](mailto:[email protected]) [Sarah Thompson](/by/sarah-thompson-j7ger)has co-edited Street Talk since 2009, specialising in private equity, investment banking, M&A and equity capital markets stories. Email Sarah at [[email protected]](mailto:[email protected]) [Kanika Sood](/by/kanika-sood-p535tz)is a journalist based in Sydney who writes for the Street Talk column. Hancock’s previously lured MinRes’s 19.17 per cent stake to its side and is sitting at 52.17 per cent. Prior to that, she spent 10 years in London as a markets and M&A reporter at Bloomberg and Dow Jones. Add to that Strike’s 25.99 per cent and Hancock’s at just over 78 per cent - and not far off from the 90 per cent compulsory acquisition threshold.
Gina Rinehart wants onerous red and green tape slashed so that the Kimberley cattle industry can get on with rebuilding in the wake of a devastating flood.