Early Life
Angela Bennett, born Angela Wright around 1943 in Australia, is the daughter of Peter Wright, a co-founder of Wright Prospecting. Details about her upbringing are limited due to her preference for privacy.
Rise to Success
Following her father's death in 1985, Bennett and her brother Michael Wright took control of Wright Prospecting. Their focus was on retaining the royalty interests in iron ore deposits, which generated substantial income from deals negotiated by her father. In 2010, she received a significant settlement of $1 billion from Gina Rinehart related to the Rhodes Ridges iron ore mine. Bennett also holds a 15% share in Hamersley Iron from the Rio Tinto Group.
Key Business Strategies
Bennett's approach to wealth management is characterized by privacy and strategic asset allocation, emphasizing long-term opportunities. She has a 50% stake in Wright Prospecting, which earns significant iron ore royalties. In 2025, she sold a 15% stake in the Rhodes Ridge iron ore deposit to Mitsui & Co. for $2 billion, retaining a 10% interest.
Philanthropy
Bennett channels her philanthropic activities through the Angela Wright Bennett Foundation, a private ancillary fund which supports various charitable causes.