Australia's richest person receives highest honour after amazing act

  • Gina Rinehart received top Cambodian honour
  • King presented award for helping educate girls
  • READ MORE: Gina Rinehart offers housing crisis solution 

Gina Rinehart has received Cambodia's highest honour for non-citizens in recognition of unheralded charity work she does for the nation's children.

Cambodian King Norodom Sihamoni bestowed the Royal Order of Sahametrei on Australia's richest person for 'distinguished services to the King and to the people of Cambodia' in a recent ceremony.

Through her Hope Foundation scholarship, which is done in partnership with the Cambodian Children's Fund, Ms Rinehart helps girls from the Southeast Asian nation who are living in poverty to attend university.

At the ceremony, Ms Rinehart was photographed wearing a royal sash and flanked by nine girls from impoverished backgrounds who had been helped by the foundation.

Ms Rinehart is understood to have formed a close bond with the girls, whom she affectionately calls her 'daughters', after first meeting them 2019.

Hancock Prospecting, Ms Rinehart's mining company, says on its website the project aims to 'break cycles of poverty and abuse and create positive change in Cambodia through intervention and education for the youth'.

'They started their lives very differently to each of us,' Ms Rinehart said in a rare  interview about the subject.

'They had to scavenge from sinking rubbish dumps in Cambodia, some of them sadly without parents. The rubbish dumps are not safe places for young girls.'

australia's richest person receives highest honour after amazing act

Gina Rinehart (pictured centre) poses with some of the Cambodian girls she has helped educate through her company's charity work

australia's richest person receives highest honour after amazing act

The Royal Order of Sahametrei on Ms Rinehart for 'distinguished Services to the King and to the people of Cambodia'

A Hancock Prospecting insider told the Sydney Morning Herald in 2014 that Ms Hancock looks forward to seeing her girls and had twice flown them to Kuala Lumpur so they could see her receiving international awards.

'She looks forward to seeing them each year, including twice when she has flown them to Kuala Lumpur so they could be with her when she received international awards,' an insider said at the time.

Hancock Prospecting supports a number of other charities concentrating on promoting Indigenous businesses and education opportunities.

'I started supporting swimming in the early 1990s, in conjunction with the Heart Foundation, to support and promote healthy lifestyles,' Ms Rinehart said in 2016.

In March, it was revealed the mining magnate gave away $100,000 tax-free raffle prizes to dozens of her staff at company parties.

The billionaire's roughly 4,000 employees across her private company's mining, energy and agricultural divisions, were all in with a chance of winning 'life-changing' sums of money at the firm's black-tie events.

It's understood that across the Christmas parties and Mrs Rinehart's birthday bash in February, about 70 staff received a tax-free $100,000 prize - equivalent to $7million.

'It's like a station hand who works in rural Queensland who wins 100 grand after tax, like a crazy, life-changing thing to happen,' one company insider revealed to Daily Mail Australia.

australia's richest person receives highest honour after amazing act

Mrs Rinehart received the highest award for non-Cambodian citizens from King Norodom Sihamoni (pictured centee)

As executive chair of Hancock Prospecting, which mainly mines iron ore, Ms Rinehart's personal wealth is estimated to be a jaw-dropping $50.48billion, according to The Australian's Richest 250 List.

She was worth $37.1billion last year, putting her about where fellow mining magnate Mr Forrest and his estranged wife Nicola sit this year.

But in the course of the last 12 months her wealth jumped by another $13.4billion.

The surge in her fortune was largely due to the performance of her majority-owned Roy Hill iron-ore mine in WA's Pilbara region which posted a net profit of $2.7billion in 2023.

That profit was due to record iron ore shipments of 63.3million tonnes, with Mrs Rinehart using the profit announcement to call on governments to remove red-tape to allow for more mining expansion.

Read more

OTHER NEWS

25 minutes ago

Video: Boxing pioneer Heather Hardy opens up on brain damage, blurred vision, and loving a sport that ruined her physically AND financially: 'I was so in debt I took a bareknuckle fight'

25 minutes ago

Hurricane Beryl has made landfall on Mexico’s Caribbean coast near the resort of Tulum as a Category 2 storm

25 minutes ago

Keir Starmer becomes UK PM as conservatives suffer record defeat in huge Labour landslide

25 minutes ago

Prosecutor wants 6-year sentence for Russian director, playwright accused of supporting terrorism

25 minutes ago

New UK Prime Minister Keir Starmer in Downing St. pledges to lead "government of service" on mission of national renewal

25 minutes ago

British GP 2024 F1 weather forecast: Rain expected at Silverstone after Friday practice

25 minutes ago

What does the Labour win mean for women?

25 minutes ago

After nearly five years, it's arrived: Explaining IndyCar's new hybrid system

25 minutes ago

Sharks slump to another NRL loss at hands of Titans

25 minutes ago

Final Fantasy creator says he will never return to the series

25 minutes ago

6.6% and 3.9% yields! 2 FTSE 100 stocks I’d snap up for juicy returns

25 minutes ago

Eighth time lucky for hungry hound Farage. Now Labour and Tories must find a way to defang him

25 minutes ago

Biden appears confused and loses train of thought in Fourth of July speech

25 minutes ago

Slot's first press conference as Liverpool boss

25 minutes ago

Man Utd Closing in on Crystal Palace Winger Samuel Lusale

25 minutes ago

Taliban regime is our trusted ally against terrorists, says Putin

25 minutes ago

Listen: Joe Biden says he is ‘first Black woman to serve with a Black president’

25 minutes ago

Newcastle United seal coup with replacement for Dan Ashworth after Man Utd move

25 minutes ago

Ukraine army withdraws from part of Chasiv Yar as Moscow forces inch closer

28 minutes ago

Judge Reinhold and ‘Beverly Hills Cop: Axel F’ cast just wanted to bring audiences ‘some good laughs’

28 minutes ago

Liverpool shortlist deadly £172m attacking trio as alternatives to Newcastle ace Anthony Gordon

28 minutes ago

The Paris Olympics Opening Ceremony: Everything to Know

28 minutes ago

Tinder, Bumble, Hinge, Grindr to change how dating apps work

28 minutes ago

49ers CB Charvarius Ward looking forward to 2024 season

28 minutes ago

Germany hatch 'crazy' plan to stop Spain 'spying' on them ahead of Euro 2024 clash

28 minutes ago

Shares in Persimmon, Vistry and Barratt soar as Labour victory boosts market outlook

28 minutes ago

SA woman graduates from a university in New York after receiving 4 full-time scholarships to study

28 minutes ago

Young woman receives BMW for 21st birthday in lavish celebration; Mzansi is in awe

28 minutes ago

Hollywoodbets Durban July: Late scratching for Saturday’s race

29 minutes ago

England hit with two Euro 2024 fines to compound misery after Jude Bellingham punishment

29 minutes ago

Here's everything you need to know about actress Angela Sithole's new role in 'Empini'

29 minutes ago

Turkey's Demiral banned for two games for Euros salute

29 minutes ago

Soccer-Euros rule on captains communication with referees extended to all UEFA competitions

29 minutes ago

Bernard Jackman: Where the Springboks will look to ‘bully’ Ireland

29 minutes ago

Cosatu urges parliament to crack the whip on delinquent MPs

29 minutes ago

Prince Harry and Meghan Markle are treating life like a 'prom event' as they surround themselves with Hollywood stars and live 'the California lifestyle', expert tells PALACE CONFIDENTIAL

29 minutes ago

Keir Starmer Speaks Of “Weariness In The Heart Of A Nation” As He Uses First Prime Ministerial Speech To Attempt To Bridge Political Divides

29 minutes ago

What will the Canada-U.K. relationship look like under a Labour government?

29 minutes ago

Keir Starmer takes power as prime minister as UK Labour Party sweeps to power in historic election win

35 minutes ago

'Watching Nicola Sturgeon opine while colleagues lost their jobs was galling. She's the cause of our bloody problems.' SNP insiders reveal to EUAN McCOLM their despair, fury and humiliation - and how independence is stone dead