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Bennett
Angela Bennett
Rank #973
AUSTRALIA•Metals & Mining•Mining

Angela Bennett

Net Worth
$4.323B
0% (24h)
Angela Bennett, born around 1943, is an Australian mining heiress and businesswoman with a current net worth of $4.4 billion. Her wealth stems from iron ore royalties, initially secured through her father, Peter Wright, co-founder of Wright Prospecting. Bennett's career has centered on managing and growing these royalty interests, primarily from Rio Tinto's iron ore operations in Western Australia. She is known for her reclusive nature and has consistently prioritized privacy in her business dealings. Over the decades, she has navigated significant family legal disputes while building her wealth.

How to read Angela Bennett's profile

Public net-worth figures are estimates. They combine observable inputs—typically listed equity, disclosed transactions, and market prices—with editorial judgment where filings are incomplete (for example, private holdings, debt, or cross-holdings). For Angela Bennett, we anchor the narrative to Mining and Mining, then update the headline number as markets move. The chart on this page is meant to show trajectory, not a certified balance sheet.

When you see $4.323B alongside global rank #973, interpret it as our best synthesis of widely cited ownership and price signals—not a claim about cash on hand. Estimates can diverge from other publishers because of different treatment of options, trusts, charitable vehicles, or illiquid assets. We document the general approach in methodology and welcome corrections via corrections.

Country (AUSTRALIA) and career milestones on this page are curated for reader context; they should be verified against primary sources when used for research. Editorial metadata for this profile is refreshed on a rolling basis, with deeper audits at least annually (last noted cycle: 2026).

Looking for depth? When available, the dossier and timeline sections below add long-form context beyond the headline number—prioritize those modules when evaluating claims about strategy, controversies, or philanthropic commitments.

The Full Dossier

Early Life

Angela Bennett was born Angela Wright around 1943 in Australia. She is the eldest adopted daughter of Peter Wright, a prospector and entrepreneur. Her upbringing was private, reflecting her long-standing preference for avoiding media attention. Her father co-founded Wright Prospecting with Lang Hancock.

Rise to Success

Following her father's death in 1985, Angela Bennett inherited a significant stake in Wright Prospecting. She, along with her brother Michael Wright, took control, prioritizing the retention of the royalty interests. Bennett's success is tied to these iron ore royalty agreements. She manages these through her family office, AMB Holdings.

Key Business Strategies

Bennett's key strategy has been to maintain a low public profile and manage her family's wealth through AMB Holdings. Her focus has been on capital preservation and strategic asset allocation, as opposed to aggressive business expansion. In 2025, she sold a 15% stake in the Rhodes Ridge iron ore project to Mitsui & Co. for approximately $2 billion, retaining a 10% interest. She also strategically sold her West Perth penthouse in 2025.

Philanthropy

Angela Bennett's philanthropic activities are primarily channeled through the Angela Wright Bennett Foundation, a private ancillary fund that supports charitable causes. She also made a donation to support the construction of a shelter in Perth for homeless women and children named The Angela Wright Bennett Centre. In 2015, the Foundation granted $250,000 to support autism research at The Kids Research Institute Australia.

Career Timeline

2025

Sold stake in Rhodes Ridge iron ore project

Sold a 15% stake in the Rhodes Ridge iron ore project to Mitsui & Co for $2 billion.

2012

Sued Gina Rinehart

Sued Gina Rinehart to recover 50% of tenements 4, 5, and 6 of the Hope Downs mine.

2010

Received $1 billion settlement

Received $1 billion from Gina Rinehart after a legal battle.

2009

Sold Mosman Park home

Sold her home in Mosman Park for $57.5 million, which was an Australian record at the time.

1985

Took control of Wright Prospecting

Following her father's death, she took control of Wright Prospecting, focusing on maintaining royalty interests in iron ore.

Philanthropic Impact

Community Support$XB

Angela Wright Bennett Centre

Donation to support the construction of a shelter in Perth for homeless women and children.

Medical Research$0.25B

Autism Research

Donation to autism research being led by Andrew Whitehouse at The Kids Research Institute Australia.

EnvironmentalUnknown

Earth4All

Provided startup funding for Earth4All, a collective focused on new economic thinking and testing model outcomes.

Key Business Ventures & Holdings

CompanyStakeValue
Wright Prospecting50.00%—

Net Worth History

In-Depth Analysis

Early Life

Angela Bennett was born Angela Wright around 1943 in Australia. She is the eldest adopted daughter of Peter Wright, a prospector and entrepreneur. Her upbringing was private, reflecting her long-standing preference for avoiding media attention. Her father co-founded Wright Prospecting with Lang Hancock.

Rise to Success

Following her father's death in 1985, Angela Bennett inherited a significant stake in Wright Prospecting. She, along with her brother Michael Wright, took control, prioritizing the retention of the royalty interests. Bennett's success is tied to these iron ore royalty agreements. She manages these through her family office, AMB Holdings.

Key Business Strategies

Bennett's key strategy has been to maintain a low public profile and manage her family's wealth through AMB Holdings. Her focus has been on capital preservation and strategic asset allocation, as opposed to aggressive business expansion. In 2025, she sold a 15% stake in the Rhodes Ridge iron ore project to Mitsui & Co. for approximately $2 billion, retaining a 10% interest. She also strategically sold her West Perth penthouse in 2025.

Philanthropy

Angela Bennett's philanthropic activities are primarily channeled through the Angela Wright Bennett Foundation, a private ancillary fund that supports charitable causes. She also made a donation to support the construction of a shelter in Perth for homeless women and children named The Angela Wright Bennett Centre. In 2015, the Foundation granted $250,000 to support autism research at The Kids Research Institute Australia.

Data Sources & Methodology

Figures for Angela Bennett are synthesized from the sources below and cross-checked against our net worth methodology. Estimates may lag market moves; see corrections to report discrepancies.

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