Andrew Forrest Biography
John Andrew Henry Forrest, also known by his nickname Twiggy, is a famous Australian businessman. He is popular as the former CEO of Fortescue Metals Group (FMG). He currently serves as non-executive chairman of Fortescue. Andrew also owns several charitable organizations, the most prominent being the Minderoo Foundation, which he co-founded with his wife.
Forrest is originally from Perth, Western Australia, Australia. He attended Onslow Primary School and later transferred to Chris Church Grammar School and then Hale School. After that, he enrolled at the University of Western Australia, where he majored in economics and politics. Shortly after graduating, he worked as a stockbroker at Kirke Securities and Jacksons brokerages. Andrew later left and joined Nickel Mining, founded by Anaconda Nickel. In 1993, he became CEO of Anaconda Nickel after purchasing a stake in the company.
The company is currently one of Australia’s largest mineral exporters, with its Murrin Murrin Joint Venture nickel project. Furthermore, he also took over Allied Mining and renamed it Fortescue Metals Group (FMG). Forrest is also the main shareholder of FMG, through The Metal Group. Prior to this, FMG also owned large iron deposits in places such as Mount Nicholas, Cloudbreak, Christmas Creek and Tongolo. In 2007 he took over Niagara Mining, which controls the mining deposits around Laverton, Western Australia.
In addition, Andrew also bought back Minderoo Station, a property his father had sold in times of financial hardship. Additionally, he also owns other properties such as Nanutarra, Uaroo stations and Harvey Beef Company. Forrest owns 46% of the shares of Allied Medical, which was acquired by BioMD in June 2011. He currently serves as non-executive chairman of FMG, in addition to managing its mining and farmland industries. He is also the ambassador for the Australian Indigenous Education Foundation.
Furthermore, he has also been associated with charitable organizations like the Rockefeller Group, Bill and Melinda Gates, and Warren Buffett. In 2001, Forrest along with his wife, Nicola, created the Australia Children’s Trust. Additionally, in 2013, he donated A$65 million to higher education in Western Australia and became Australia’s largest donor. Additionally, John has also received several awards, including Ernst & Young’s Entrepreneur of the Year in 2011. He was also listed as the richest Australian in the Financial Review Rich List in 2008. Forrest received a Ph.D. in Science Marine Corps from the University of Western Australia and has a strong interest in maintaining the health of the oceans.
Andrew Forrest Age
John is 61 years old in 2023. He was born in November 18, 1961, in Perth, Western Australia, Australia. Furthermore, he celebrates his birthday on November 18th every year.
Andrew Forrest’s wife
Forrest married his caring and loving wife Nicola Maurice in 1991. Nicola is the daughter of Tony Maurice, a leading figure in the Christian organization the Australian Rights League. Your sister. Katrina is the wife of David Thompson, leader of the New Zealand Rights League. The couple is blessed with four children namely Grace, Sophia, Matilda, and Sydney.
Andrew Forrest Family
Andrew is the son of Judith and Donald Forrest and the youngest of three children. His father, grandfather Mervyn and great-grandfather David were all managers of Minderoo Station, which David had founded in 1878 with his brothers, Alexander and John. They were all also members of parliament for a period of time.
Andrew Forrest net worth
John has an estimated net worth ranging between US$17 billion to US$21 billion dollars. It contains your money, personal assets and income. He acquired his fortune from his successful career as a businessman.