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John Hancock, the eldest child of Australia s richest person, Gina Rinehart, appeared in the 2021 Australian Financial Review Rich List. and revealed a jetsetting life with his young family.
How John Hancock backed the marketâs biggest winner
May 25, 2021 â 12.00am
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It was a chat on a ski lift above Canadaâs playground for the rich that led John Hancock to make an investment that turned out to be Australiaâs best performing stock on the market over the past year.
And itâs this educated bet that has helped the Rinehart scion build on a wealth pile to edge ahead of his three younger siblings on this yearâs Financial Review Rich List, published on Friday.
âI was looking for an interesting project to get behind,â says John Hancock about his investment in Vulcan Energy, which is up 2675 per cent over the past year.Â