Finance & businessMoney & PowerThis is the Richest Family in Australia

This is the Richest Family in Australia

Long-form20:51People & BlogsPublished Sep 7, 2026, 6:55 PM · 5w ago
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Description

Australia’s richest family built a $39+ BILLION fortune from the iron ore buried beneath the Outback. But behind the Rinehart family’s extraordinary wealth lies a story of discovery, billion-dollar risks, family feuds, court battles, and one of the greatest mining empires in the world. In this documentary, we uncover the remarkable rise of Gina Rinehart and the Rinehart family, from Lang Hancock’s legendary discovery of vast iron ore deposits in Western Australia’s Pilbara region to the creation of a multibillion-dollar resources empire. After inheriting Hancock Prospecting, Gina Rinehart transformed the family business on an extraordinary scale. Her biggest gamble — the enormous Roy Hill iron ore project — required billions of dollars, hundreds of kilometres of railway and a dedicated export infrastructure. Many doubted it could be done. It became the project that helped transform her fortune. But the Rinehart empire extends far beyond iron ore. Today, the family’s interests span mining, cattle stations, agriculture, energy and critical minerals, while Hancock Prospecting remains one of Australia’s most powerful privately owned companies. And behind the billions came another battle — this time within the family itself. We explore the bitter disputes over inheritance, family trusts and control of the Rinehart fortune, revealing how extraordinary wealth can create extraordinary conflict. From a discovery in the Australian Outback to a fortune worth tens of billions, this is the story of Australia’s richest family — and the empire beneath their feet. If you enjoy documentaries about billionaires, old money, powerful families, business empires, luxury, inheritance and the world’s richest dynasties, subscribe to Money & Power for more stories about the fortunes — and the people — that shape the world.
Tags
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