Billionaire plans to give away £2.4m in random prize draw – but theres a catch

A generous billionaire is giving away £2.4million from her multi-billion bank account to random strangers in a draw.

Gina Rinehart, the richest person in Australia, has accumulated more than $30.2 billion (£25billion) according to Forbes.

The mining magnate plans to give away £58,000 in cash to 41 lucky participants, an incredible £2.4m in total – but there is a catch.

READ MORE: Man charged £3.7k for Starbucks coffee in 'sticky button' mishap blowing family budget

To be in with a shot of winning one of the prizes you have to have worked for Rinehart’s company, Hancock Prospecting.

The giveaway has been created to celebrate her 41st year at the mining company – hence 41 prizes.

It also coincides with Rinehart's 69th birthday.

According to The West Australian, the raffle will be held later this week to determine which members of her mining cadre will be fortunate enough to strike gold.

Rinehart is the 47th richest person in the world, and this is her second grand show of generosity.

Last year she picked the names of 10 lucky staffers from her Roy Hill mine out of a hat and treated them to a random AUD$100,000 (£57,600) Christmas bonus.

  • Glam influencer 'paid for luxury Bentley and cosmetic surgery with £316K Covid cash'

One employee spoke to Perth radio station 6PR Radio to reveal some were 'miffed' over the random bonus scheme as one of the winners had only been employed at the company for three months.

But you can't argue when random names are pulled out of a hat.

Several months ago Rinehart pulled £8.6m of sponsorship from the Australian national netball team after players took issue with being associated with the mining of fossil fuels.

For the latest breaking news and stories from across the globe from the Daily Star, sign up for our newsletter by clicking here.

  • Bereaved families soon able to compost grandad under Church of England eco burial plan

"Hancock and its executive chairman Mrs Rinehart consider that it is unnecessary for sports organisations to be used as the vehicle for social or political causes," Hancock Prospecting said in a statement.

The statement added: "Secondly because there are more targeted and genuine ways to progress social or political causes without virtue signalling or for self-publicity."

They said they did not want 'to add to netball's disunity problems' as it pulled the multi-million dollar funding deal. Ouch.


  • Prince Harry's new Netflix series to fix 'reputational slump' in 'total sense' move
  • Nicola Bulley river diving expert 'can't get head around' how police 'found nothing'
  • Epsom College headteacher 'made distressed call before husband shot her and child dead'
  • King Charles' Prince Harry coronation call shows 'blood is thicker than Netflix cheques'
  • Musician, 20, fighting rare brain cancer 'hopeful' after starting £450k trial treatment

Source: Read Full Article