I Was Duped Out Of My Fortune': Wright Siblings In Bitter Feud Over Iron Ore Royalties

Two billionaire siblings allegedly planned to trap their brother "like a rat in a bottle" when they duped him out of his one-third stake of their father's company more than three decades ago.

Perth businessman Julian Wright has accused his sister, iron ore heiress Angela Bennett, and his brother Michael Wright (now deceased) of tricking him out of his share in the family's vast mining fortune by hiding potential earnings of mining tenements and royalty streams.

The family dispute started when the siblings’ father Peter Wright died in 1985, leaving his three children as the co-executors of his estate which included his company, Wright Prospecting.

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