The son of reclusive iron ore heiress Angela Bennett has rejoined the family office to help allocate the billions of dollars in proceeds from the sale of a stake in a mining project that has sent her wealth skyrocketing.
The Bennetts are heirs to a fortune made by Peter Wright, Angela Bennett’s father and Lang Hancock’s business partner. While Hancock’s daughter Gina Rinehart oversees her iron ore empire, the Bennett and Wright families struck a partnership with Rio Tinto to develop their holdings.
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Primrose Riordan covers private companies and family offices from the AFR's Sydney newsroom. Primrose was previously a correspondent for the Financial Times and covered foreign affairs and politics in Canberra. Primrose has won multiple awards for her journalism including from The National Press Club, SABEW in the US and Press Gazette in the UK. Message Primrose on Signal: https://tinyurl.com/PrimroseSignal Connect with Primrose on Facebook and Twitter. Email Primrose at primrose.riordan@afr.com
