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The Guardian - AU
The Guardian - AU
Business
Sarah Martin Senior correspondent

Gina Rinehart and rival heirs brace for court verdict on claim to billion-dollar fortune

Australia’s richest person, Gina Rinehart
Gina Rinehart, Australia’s richest person, faces a claim on whether she must share the spoils of some of Hancock Prospecting’s most lucrative mining projects. Photograph: David Gray/AFP/Getty Images

Gina Rinehart faces the possibility of losing billions of dollars in riches from her Pilbara iron ore empire and her mantle as Australia’s wealthiest person when a long-awaited court verdict is delivered in Perth on Wednesday.

The Western Australian supreme court judgment will rule on whether Rinehart must share the spoils of some of Hancock Prospecting’s most lucrative iron ore projects with the family of her late father’s business partner.

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