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John Hancock
John Hancock
Born	John Langley Hayward; 2 January 1976 (age 49)
Citizenship	Australian
Education	Phillips Academy
Occupation	Businessman
Children	3
Parents	Greg Hayward; Gina Rinehart;
Relatives	Lang Hancock (grandfather)

John Hancock (born 2 January 1976 as John Langley Hayward) is an Australian businessman. He is the son of Gina Rinehart and grandson of the late mining magnate Lang Hancock.^[1]^[2]

Early life

The son of English-born Greg Milton^[3] and Australian Gina Rinehart, John Hancock was born John Langley Hayward.^[4] His younger sister is Bianca Rinehart^[5] and his two half-sisters are Ginia Rinehart and Hope Welker.

Milton subsequently changed his name to Greg Hayward.^[4] John then changed his surname to Hancock,^[6] a tribute to his grandfather after a dispute with his mother. Hancock was educated at the Phillips Academy in Andover, Massachusetts in the United States.^[7]

Hope Margaret Hancock Trust

In 2010, Hancock and his sister, Bianca Rinehart, and half-sister, Hope Welker, launched action in the Supreme Court of New South Wales against their mother in relation to the operation of a family trust fund established by their late grandfather.^[6] Hancock was quoted as responding to a question about living off the family trust fund:^[8]

"Well it'd be nice if I was, but I have all the bad things about having money and none of the good things."

Despite his difference with his mother, he still loves her very much^[9] and has indicated they agree 90 percent of the time.^[6] It is the ten percent which causes the difficulties.^[6]

The NSW Supreme Court handed down its decision by appointing Bianca Rinehart as trustee of the Hope Margaret Hancock Trust.^[10] Their mother already agreed to step aside as trustee and wanted consultation on who should replace her.^[10]

Net worth

Hancock appeared on the Financial Review Rich List for the first time in 2020 with a net worth assessed at A$2.05 billion.^[11] Hancock appeared on the Forbes list of Australia's 50 richest people for the first time in 2017, with a net worth of US$5.00 billion, held jointly with his sister, Bianca Rinehart, and half-sisters, Ginia Rinehart and Hope Welker.^[12]

Year	Financial Review Rich List		Forbes Australia's 50 Richest
Year	Rank	Net worth (A$)	Rank	Net worth (US$)
2017^[12]^{[note 1]}	−	not listed	5	$5.00 billion
2018	−	not listed
2019^[13]^{[note 1]}	−	not listed	11	$3.10 billion
2020^[11]	40	$2.05 billion
2021^[14]	44	$2.40 billion
2022	45	$2.43 billion
2023^[15]	47	$2.44 billion