Angela Bennett

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Angela Bennett
Born circa 1945 (age 72–73)
Nationality Australian
Occupation Mining heiress
Net worth Increase A$1.55 bn (2014 BRW)[1]
Increase US$1.01 bn (2014 Forbes)[2]
Children Seven
Relatives Michael Wright (brother, 1937–2012)

Angela Bennett (born circa 1945[1][2]) is an Australian mining heiress and businesswoman.[2][3][4][5][6]

Biography[edit]

Her late father, Peter Wright, co-founded Wright Prospecting. Her late brother was Michael Wright (1937-2012), the owner of the Voyager Estate winery in Margaret River.[2][3]

She heads Wright Prospecting.[5] In 2010, she and her brother received A$1 billion from Gina Rinehart after she was legally forced to give up twenty-five per cent in the Rhodes Ridges iron ore mine 60 km west of Newman in the Pilbara.[3][4] She owns fifteen per cent of Hamersley Iron shares from the Rio Tinto Group, Gina Rinehart owning the other fifty per cent.[2] 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 late mother, Hope Hancock.[5][6][7]

Personal life[edit]

She is married, and has seven children.[6] She is the second richest woman in Australia, after Gina Rinehart.[6][8] In 2014, the Business Review Weekly assessed Bennett's net worth at A$1.55 billion.[1] In September 2009, she sold her mansion in the Mosman Park neighbourhood of Perth for A$57.5 million and downsized to a A$8 million apartment in Fremantle.[6][9][10] In 2010, she sold her A$20 million yacht.[6][10]

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][11] He also sat on the Board of the Finance and Energy Exchange.[8]

References[edit]

  1. ^ a b c "BRW Rich 200 list 2014: 22. Angela Bennett". BRW. Sydney. 27 June 2014. Retrieved 29 June 2014. 
  2. ^ a b c d e "#25 Angela Bennett". Australia's 50 Richest. Forbes. January 2014. Retrieved 29 June 2014. 
  3. ^ a b c Wilson-Chapman, Amy (28 April 2012). "Iron ore heir and Rinehart foe Michael Wright passes away". The Sunday Times. Perth, WA. 
  4. ^ a b "Billion-dollar war". The Australian. 9 March 2007. 
  5. ^ 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. 
  6. ^ a b c d e f Marks, Kathy (28 September 2012). "Richest women in Australia go to war over mining rights". The Independent. 
  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 c Gosch, Elizabeth (19 July 2008). "Apex reckons it has struck gold with Bennett posting". The Australian. 
  9. ^ Sonti, Chalpat (8 September 2009). "Perth mansion sold for Australian record of $57.5m". The Sydney Morning Herald. 
  10. ^ a b Keila, Jon (5 December 2010). "Legal battle over $20m super yacht". Herald Sun. 
  11. ^ "Board of Directors". Apex Minerals.