Portrait of Angela Bennett

Rank #973

Angela Bennett

Net worth $4.4B

Mining · Australia

Born
Apr 01, 1944
Age
82
Source
Mining
Residence
Perth
Citizenship
Australia
Marital status
Married
Children
7
Education

Net worth over time

Biography

  • Angela Bennett's wellspring of wealth is her share of a royalty paid by mining giant Rio Tinto on every ton of iron ore it mines in Western Australia.
  • The royalty was negotiated by her father, Peter Wright, and his partner, Lang Hancock, father of fellow Australian billionaire Gina Rinehart.
  • Bennett holds a major stake in Wright Prospecting, which is in litigation with Rinehart's Hancock Prospecting over various iron-ore properties.
  • In December 2025 she sold a 15% stake in the Rhodes Ridge iron ore project in western Australia to Japanese giant Mitshui & Co in a $2 billion deal.
  • Bennett's son Todd Bennett is the executive director of her private investment company AMB Holdings.