John Hancock (Australian businessman)

John Hancock (born 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]

For other people named John Hancock, see John Hancock (disambiguation).
John Hancock
Born
John Langley Hayward

1976
CitizenshipAustralian
EducationPhilips Academy
OccupationBusinessman
Children3
Parent(s)Greg Hayward
Gina Rinehart
RelativesLang Hancock (grandfather)
Hope Hancock (née Nicholas) (grandmother)
Bianca Rinehart (sister)

Early childhood and education

John Hancock was born John Langley Hayward.[3] He has a younger sister Bianca Rinehart and two half sisters Ginia Rinehart and Hope Welker. He changed his surname to Hancock,[4] tribute to his grandfather after a dispute with his mining magnate mother Gina Rinehart. His father is Englishman Greg Milton.[5] who later changed his name to Greg Hayward.[3] Hancock was educated abroad at the Phillips Academy in Andover, Massachusetts in the United States.[6]

Trust fund case

In 2010, Hancock and his sisters Hope Welker and Bianca Rinehart launched supreme court action on their mother in relation to the operation of family trust fund setup by the late grandfather.[4]

John quoted as responding to a question about living off the family trust fund:[7]

“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[8] and have indicated they agree 90 percent of the time.[4] It is the 10 percent which causes the difficulties.[4]

The NSW Supreme Court handed down its decision by appointing Bianca Rinehart as trustee of the Hope Margaret Hancock Trust.[9] Their mother already agreed to step aside as trustee and wanted consultation on who should replace her.[9]

gollark: I can explain the fundamental theorem of arithmetic quickly.
gollark: Do you know how prime factors work?
gollark: (I mean, cool people™ just have their computer do it instead of factoring it by hand)
gollark: Instead of not doing maths, do maths.
gollark: The two factors of the number it gives you.

References
  1. Garvey, Paul (2014-05-20). "Gina Rinehart misses wedding of son John Hancock". www.theaustralian.com.au. The Australian. Retrieved 2015-05-29.
  2. "Australian Story - House Of Hancock - Transcript". www.abc.net.au. Retrieved 2015-05-29.
  3. "Master John Langley Hayward Australia's richest baby". The Australian Women's Weekly. National Library of Australia. 11 February 1976. p. 13. Retrieved 14 January 2011.
  4. "John Hancock's 'conundrum' with mum Gina Rinehart". John Hancock’s ‘conundrum’ with mum Gina Rinehart. AFR. 2014-12-03. Retrieved 2015-05-29.
  5. "'I'm doing it for Lang': John Hancock". Retrieved 2015-05-29.
  6. "The mother of all feuds". Retrieved 2015-05-29.
  7. "Gina Rinehart - The Power of One - Four Corners". www.abc.net.au. Retrieved 2015-05-29.
  8. "No Cookies | Perth Now". www.perthnow.com.au. Retrieved 2015-05-29.
  9. "Rinehart's eldest daughter handed control of family's $4b trust". ABC News. Retrieved 2015-05-29.


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