Peter Wright

Ernest Archibald Maynard "Peter" Wright (24 February 1908 – 13 September 1985) was an Australian mining entrepreneur. He was best known as the business partner of Lang Hancock. After his death, his estate became worth over 1 billion.

Early life and education Wright was born in Kalgoorlie to parents who were originally from Victoria. The family moved to Perth at a young age and Wright was educated at several schools, including Hale School. He left school before graduating. in a mining venture in the north-west of Western Australia, beginning a partnership that lasted for several decades, named Hanwright.

Prior to his death, in 1985 the Business Review Weekly (BRW) estimated his net worth at 50 million. By 2013, the magazine valued his family's net worth at 1.53 billion. The rise in the value was largely a result of royalty agreements signed by Hancock and Wright during the 1960s. The agreements entitled Hancock and Wright 2.5 percent of revenue generated by Rio Tinto's Hamersley Iron mines. , Wright's daughter, Angela Bennett, had a net worth of 4.63 billion and his granddaughters, Alexandra Burt and Leonie Baldock, had an assessed net worth of 3.85 billion.