Early Life
Angela Bennett was born Angela Wright around 1943 in Australia. She is the eldest adopted daughter of Peter Wright, a prospector and entrepreneur. Her upbringing was private, reflecting her long-standing preference for avoiding media attention. Her father co-founded Wright Prospecting with Lang Hancock.
Rise to Success
Following her father's death in 1985, Angela Bennett inherited a significant stake in Wright Prospecting. She, along with her brother Michael Wright, took control, prioritizing the retention of the royalty interests. Bennett's success is tied to these iron ore royalty agreements. She manages these through her family office, AMB Holdings.
Key Business Strategies
Bennett's key strategy has been to maintain a low public profile and manage her family's wealth through AMB Holdings. Her focus has been on capital preservation and strategic asset allocation, as opposed to aggressive business expansion. In 2025, she sold a 15% stake in the Rhodes Ridge iron ore project to Mitsui & Co. for approximately $2 billion, retaining a 10% interest. She also strategically sold her West Perth penthouse in 2025.
Philanthropy
Angela Bennett's philanthropic activities are primarily channeled through the Angela Wright Bennett Foundation, a private ancillary fund that supports charitable causes. She also made a donation to support the construction of a shelter in Perth for homeless women and children named The Angela Wright Bennett Centre. In 2015, the Foundation granted $250,000 to support autism research at The Kids Research Institute Australia.
