Angela Bennett

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

Angela Bennett
Borncirca 1943 (age 7980)[1]
NationalityAustralian
OccupationMining heiress
Children7
Parent
RelativesMichael Wright (brother, 1937–2012)

Biography

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

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

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

  1. "#24 Angela Bennett". Forbes.
  2. Wilson-Chapman, Amy (28 April 2012). "Iron ore heir and Rinehart foe Michael Wright passes away". The Sunday Times. Perth, WA.
  3. "Billion-dollar war". The Australian. 9 March 2007.
  4. Hernandez, Vittorio (27 September 2012). "Mining Queens Gina Rinehart, Angela Bennett in Legal Battle Over Hope Downs Iron Ore Mine". International Business Times.
  5. 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. "#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. Gosch, Elizabeth (19 July 2008). "Apex reckons it has struck gold with Bennett posting". The Australian.
  9. "Board of Directors". Apex Minerals.
  10. Bailey, Michael; Sprague, Julie-anne (26 May 2023). "The 200 richest people in Australia revealed". Australian Financial Review. Retrieved 6 June 2023.
  11. "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. 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.
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