Early Life and Background
Angela Bennett, born around 1943 or 1944, is a notable Australian mining heiress and businesswoman. She is the daughter of Peter Wright, who co-founded Wright Prospecting, a successful mining company that plays a significant role in the Australian mining sector. Angela’s brother, Michael Wright, was the owner of the renowned Voyager Estate winery located in Margaret River.
Business Career
Angela Bennett is the head of Wright Prospecting, continuing her family’s legacy in the mining industry. Her prominence grew significantly in 2010 when she and her brother received A$1 billion from Gina Rinehart, a leading figure in Australian mining, after Rinehart was legally compelled to relinquish a 25% stake in the Rhodes Ridges iron ore mine, located approximately 60 kilometers west of Newman in the Pilbara region.
In addition to her interests in Wright Prospecting, Bennett holds a 15% share in Hamersley Iron, part of the Rio Tinto Group, with Gina Rinehart owning the remaining 50%. In September 2012, Angela Bennett made headlines when she initiated legal action against Rinehart, seeking to reclaim 50% ownership of tenements 4, 5, and 6 at the Hope Downs mine, which was named after Rinehart’s mother, Hope Hancock.
Personal Life
Angela Bennett is married and has seven children. Her son, Todd Bennett, served on the Board of Directors for Apex Minerals in 2008 but stepped down in 2012. He was also associated with the Finance and Energy Exchange board during that time.
Net Worth and Real Estate
As of May 2023, Angela Bennett was recognized as the third-richest woman in Australia. In 2014, her net worth was estimated at A$1.55 billion by Business Review Weekly. Notably, in September 2009, she sold her lavish home in the Mosman Park neighborhood of Perth for A$57.5 million and subsequently moved to a more modest A$8 million apartment in West Perth. Additionally, she sold her luxury yacht for A$20 million in 2010.
Legacy and Impact
Angela Bennett’s influence in the mining sector continues to grow, as she maintains a prominent position within her family’s business and the broader industry. Her legal pursuits and strategic business decisions exemplify her commitment to her family’s legacy and the mining sector’s evolution in Australia.
