Gina Rinehart giving away $100,000 bonus to workers

Australia’s richest person Gina Rinehart will hand out another $4.1 million in bonuses to staff to mark her 41st anniversary with the firm.

Rinehart will hand $100,000 each to 41 workers at her mining company, Hancock Prospecting.

A raffle will be held this week to determine the lucky winners, The West Australian reports. 

The event will also mark Rinehart’s 69th birthday, on Thursday.

The mining mogul – estimated to be worth about $30 billion – dished out $1 million in bonuses just weeks earlier in a Christmas draw.

One of the $100,000 winners had only worked at the company for three months.

Hancock Prospecting employees also have the chance to make some extra cash through the Chairman’s Profit Share.

The scheme hands workers bonuses, capped at 30 per cent of their salary, depending on how the company performed that year. 

The company’s billion-dollar mega iron ore operation, Roy Hill Mine, made a staggering $3.3 billion profit last year.

Of that, Rinehart’s 70 per cent stake in the mine means she collected a cool $2.3 billion in dividends.

The rest of the company is owned by Marubeni Corporation who have a 15 per cent share, then POSCO with 12.5 per cent and China Steel Corporation with 2.5 per cent.

The profit was a 28 per cent drop compared to the previous financial year due to low iron prices and failing trade relations with China. 

Rinehart has thanked her workers for ‘another great year’ and said all of Australia benefits when her mine thrives. 

Billionaire Gina Rinehart (middle) at Roy Hill, during a tour of the Roy Hill Mine operations while under construction in the Pilbara region, Western Australia