Angela Bennett

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Angela Bennett
Borncirca 1943 (age 80–81)[1]
NationalityAustralian
OccupationMining heiress
Children7
Parent
RelativesMichael Wright (brother, 1937–2012)

Angela Bennett (born c. 1943/1944)[1] is an Australian mining heiress and businesswoman.[2][3][4][5]

Biography[edit]

Her father, Peter Wright, co-founded Wright Prospecting. Her brother was Michael Wright, the owner of the Voyager Estate winery in Margaret River.[6][2]

She heads Wright Prospecting.[4] In 2010, she and her brother received A$1 billion from Gina Rinehart after the latter was legally forced to give up twenty-five per cent in the Rhodes Ridges iron ore mine 60 kilometres (37 mi) west of Newman in the Pilbara.[2][3] She owns fifteen per cent of Hamersley Iron shares from the Rio Tinto Group, Gina Rinehart owning the other fifty per cent.[6] In September 2012, she sued Rinehart to recover fifty per cent of 4, 5 and 6 tenements of the Hope Downs mine, named after Gina Rinehart's mother, Hope Hancock.[4][5][7]

Personal life[edit]

Bennett is married and has seven children.[5]

Her son, Todd Bennett, was appointed to the Board of Directors of Apex Mineral in 2008, but he no longer sits on it as of 2012.[8][9] He also sat on the Board of the Finance and Energy Exchange.[8]

Net worth[edit]

As of May 2023 Bennett was the third-richest woman in Australia by net worth.[10] In 2014, the Business Review Weekly assessed Bennett's net worth at A$1.55 billion.[11] In September 2009, she sold her home in the Mosman Park neighbourhood of Perth for A$57.5 million and downsized to a A$8 million apartment in West Perth.[5][12][13] In 2010, she sold her A$20 million yacht.[5][13]

Year Financial Review
Rich List
Forbes
Australia's 50 Richest
Rank Net worth (A$) Rank Net worth (US$)
2011[14][15] 12 Increase $1.55 billion Increase
2012[16] 9 Increase $2.30 billion Decrease
2013[17] 30 Decrease $0.90 billion Decrease
2014[11][18] $1.55 billion 25 Increase $1.01 billion Increase
2015[19] 31 Decrease $0.97 billion Decrease
2016[20] 29 Increase $0.93 billion Decrease
2017[21][22][23] $1.76 billion 23 Increase $1.70 billion Increase
2018[24] 27 Increase $2.17 billion Increase
2019[25][26] 28 Increase $2.62 billion Increase 24 Decrease $1.65 billion Decrease
2020[27] 21 Increase $3.83 billion Increase
2021[28] 24 Decrease $4.13 billion Increase
2022 24 Steady $5.00 billion Increase
2023[10] 20 Increase $4.63 billion Decrease
Legend
Icon Description
Steady Has not changed from the previous year
Increase Has increased from the previous year
Decrease Has decreased from the previous year

References[edit]

  1. ^ a b "#24 Angela Bennett". Forbes.
  2. ^ a b c Wilson-Chapman, Amy (28 April 2012). "Iron ore heir and Rinehart foe Michael Wright passes away". The Sunday Times. Perth, WA.
  3. ^ a b "Billion-dollar war". The Australian. 9 March 2007.
  4. ^ a b c Hernandez, Vittorio (27 September 2012). "Mining Queens Gina Rinehart, Angela Bennett in Legal Battle Over Hope Downs Iron Ore Mine". International Business Times.
  5. ^ a b c d e Marks, Kathy (28 September 2012). "Richest women in Australia go to war over mining rights". The Independent. Archived from the original on 7 May 2022.
  6. ^ a b "#25 Angela Bennett". Australia's 50 Richest. Forbes. January 2014. Retrieved 29 June 2014.
  7. ^ Garvey, Paul; Burrell, Andrew (27 September 2012). "Battle of the billionaire iron ladies as Hope Downs court case looms". The Australian.
  8. ^ a b Gosch, Elizabeth (19 July 2008). "Apex reckons it has struck gold with Bennett posting". The Australian.
  9. ^ "Board of Directors". Apex Minerals.
  10. ^ a b Bailey, Michael; Sprague, Julie-anne (26 May 2023). "The 200 richest people in Australia revealed". Australian Financial Review. Retrieved 6 June 2023.
  11. ^ a b "BRW Rich 200 list 2014: 22. Angela Bennett". BRW. Sydney. 27 June 2014. Archived from the original on 30 June 2014. Retrieved 29 June 2014.
  12. ^ Sonti, Chalpat (8 September 2009). "Perth mansion sold for Australian record of $57.5m". The Sydney Morning Herald.
  13. ^ a b Keila, Jon (5 December 2010). "Legal battle over $20m super yacht". Herald Sun.
  14. ^ "2010 Australia's 40 Richest". Forbes Asia. 3 March 2010. Retrieved 3 June 2012.
  15. ^ "2011 Australia's 40 Richest". Forbes Asia. 2 February 2011. Archived from the original on 10 February 2011. Retrieved 8 February 2011.
  16. ^ "2012 Australia's 40 Richest". Forbes Asia. 1 February 2012. Retrieved 3 June 2012.
  17. ^ "2013 Australia's 50 Richest". Forbes Asia. 1 February 2013. Retrieved 23 May 2013.
  18. ^ "2014 Australia's 50 Richest". Forbes Asia. January 2014. Retrieved 30 June 2014.
  19. ^ "2015 Australia's 50 Richest". Forbes Asia. March 2015. Retrieved 10 June 2015.
  20. ^ "Gina Rinehart Loses Her No. 1 Spot". Forbes Asia. 27 January 2016. Retrieved 22 October 2019.
  21. ^ Stensholt, John, ed. (25 May 2017). "Financial Review Rich List 2017". The Australian Financial Review. Retrieved 8 June 2017.
  22. ^ Mayne, Stephen (26 May 2017). "Mayne's take: The top 25 Australian billionaires, as claimed by Fairfax". Crikey. Private Media. Retrieved 10 October 2019.
  23. ^ "Australia's Richest 2017: Country's Wealthiest Continue Mining For Dollars". Forbes Asia. 1 November 2017. Retrieved 28 September 2019.
  24. ^ Stensholt, John, ed. (25 May 2018). "2018 AFR Rich List: Who are Australia's richest people?". The Australian Financial Review. Retrieved 26 May 2018.
  25. ^ Bailey, Michael (30 May 2019). "Australia's 200 richest people revealed". The Australian Financial Review. Nine Publishing. Retrieved 31 May 2019.
  26. ^ "2019 Australia's 50 Richest". Forbes Asia. January 2019. Retrieved 28 September 2019.
  27. ^ Bailey, Michael; Sprague, Julie-anne (30 October 2020). "The full list: Australia's wealthiest 200 revealed". The Australian Financial Review. Nine Publishing. Retrieved 31 October 2020.
  28. ^ Bailey, Michael; Sprague, Julie-anne (27 May 2021). "The 200 richest people in Australia revealed". Australian Financial Review. Retrieved 28 May 2021.