But ever since, lower iron ore prices reduced her half of that pile. Actually, the siblings didn’t do much with their cash over the years, and no clear leader has emerged so far in the next generation. After Michael’s death his half went to his 3 children, who let professional advisors play a bigger role in running the company. Also, the family has become more aggressive in pursuing new mining and property-investment opportunities. Nevertheless, Angela Bennett is still the second richest woman in Australia, after Gina Rinehart.
