Angela Bennett

Angela Bennett
Born circa 1945 (age 6970)
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

Her late father, Peter Wright, co-founded Hancock Prospecting and Wright Prospecting with the late Lang Hancock, who was Gina Rinehart's father. 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

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

  1. 1.0 1.1 1.2 "BRW Rich 200 list 2014: 22. Angela Bennett". BRW (Sydney). 27 June 2014. Retrieved 29 June 2014.
  2. 2.0 2.1 2.2 2.3 2.4 "#25 Angela Bennett". Australia's 50 Richest. Forbes. January 2014. Retrieved 29 June 2014.
  3. 3.0 3.1 3.2 Wilson-Chapman, Amy (28 April 2012). "Iron ore heir and Rinehart foe Michael Wright passes away". The Sunday Times (Perth, WA).
  4. 4.0 4.1 "Billion-dollar war". The Australian. 9 March 2007.
  5. 5.0 5.1 5.2 Hernandez, Vittorio (27 September 2012). "Mining Queens Gina Rinehart, Angela Bennett in Legal Battle Over Hope Downs Iron Ore Mine". International Business Times.
  6. 6.0 6.1 6.2 6.3 6.4 6.5 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. 8.0 8.1 8.2 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. 10.0 10.1 Keila, Jon (5 December 2010). "Legal battle over $20m super yacht". Herald Sun.
  11. "Board of Directors". Apex Minerals.