Angela Bennett Net Worth

Angela Bennett has an estimated net worth of $4.3 billion, according to Forbes Real-Time Billionaires, Angela Bennett profile (figures as of October 20, 2026). That is up from $1.7 billion in 2019.

Angela Bennett is an Australian businesswoman who heads Wright Prospecting, a mining company tied to iron ore in Western Australia. After her father, Peter Wright, died in 1985, she and her brother Michael Wright took over the business. Peter Wright had co-founded Wright Prospecting and worked with Lang Hancock. Bennett later became one of the key figures linked to the Rhodes Ridge iron ore project, an asset that has helped shape her fortune.

Her wealth comes from long-running iron ore interests rather than a public-facing operating role. Forbes says her money is built on her share of a royalty paid by Rio Tinto on every ton of iron ore it mines in Western Australia. Bennett also holds a major stake in Wright Prospecting. In 2025, she sold a 15% stake in the Rhodes Ridge iron ore project in western Australia to Mitsui & Co in a $2 billion deal.

How Angela Bennett makes money

Bennett’s fortune is closely tied to iron ore. Forbes says the main source is her share of a royalty linked to Rio Tinto’s mining in Western Australia. That royalty traces back to an agreement negotiated by her father, Peter Wright, and his business partner, Lang Hancock. She also heads Wright Prospecting, the family company Peter Wright co-founded, and she holds a major stake in it.

Rhodes Ridge is another big part of the story. In 2010, Bennett and Michael Wright received A$1 billion connected to the project. Then in December 2025, she sold a 15% stake in Rhodes Ridge to Mitsui & Co in a $2 billion deal. Forbes also notes that Bennett’s son Todd Bennett is the executive director of her private investment company, AMB Holdings. Together, those assets and roles help explain where her wealth comes from.

Forbes net worth timeline

Forbes valued Bennett at $1.7 billion in 2019. That moved down to $1.6 billion in 2020, $1.4 billion in 2021, and $1.3 billion in 2022. In 2023, Forbes put her at $1.5 billion before lowering the estimate to $1.3 billion in 2024 and $1.2 billion in 2025. Across those years, her profile stayed centered on mining royalties and Wright Prospecting’s iron ore exposure.

The big jump came in 2026, when Forbes placed her at $4.4 billion on its World’s Billionaires List. Forbes' real-time billionaires tracker later showed $4.3 billion as of October 20, 2026. The rise came after a period that included her December 2025 sale of a 15% Rhodes Ridge stake for $2 billion. That deal added a major recent transaction to a fortune already built on royalty income and mining assets.