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-established 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. Thereafter, 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. Later Andrew left and joined Nickel Mining founded by Anaconda Nickel. In 1993, he became the CEO of Anaconda Nickel after buying 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 as Fortescue Metals Group (FMG). Forrest is also the major shareholder of FMG, through The Metal Group. Prior to that, FMG also had large iron ore deposits in places like Mount Nicholas, Cloudbreak, Christmas Creek and Tongolo. In 2007, he took over Niagara Mining, which controls mining deposits around Laverton, Western Australia.
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Furthermore, Andrew also bought back Minderoo Station, the property that his father had sold in times of financial trouble. In addition, he also owns other properties like 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 farm industries. He is also the Ambassador for the Australian Indigenous Education Foundation.
Furthermore, he has also been associated with charitable organizations like Rockefeller Group, Bill and Melinda Gates, and Warren Buffett. In 2001, Forrest along with his wife, Nicola, created the Australia Children’s Trust. Furthermore, in 2013, he donated A$65 million to higher education in Western Australia and became Australia’s largest donation. In addition, John has also received numerous awards including the 2011 Ernst & Young Entrepreneur of the Year. He was also listed as the richest Australian on the Financial Review Rich List in 2008. Forrest received a Ph.D. in Marine Sciences from the University of Western Australia and has a keen 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 18 every year.
Wife Andrew Forrest
Forrest married his caring and loving wife Nicola Maurice in 1991. Nicola is the daughter of Tony Maurice who was a leading figure in the Christian organization the Australian League of Rights. His sister. Katrina is the wife of David Thompson, who was the leader of the New Zealand Rights League. The couple is blessed with four children, Grace, Sophia, Matilda and Sydney.
Andre Forrest Family
Andrew is the son of Judith and Donald Forrest and is the youngest of three children. His father, grandfather Mervyn and great grandfather David were all managers of Minderoo Station, which David had established in 1878 with his brothers, Alexander and John. All of them were also members of parliament for a period of time.
Andrew Forrest Net Worth
John has an estimated net worth of between $17 billion to $21 billion dollars. This contains your cash, personal assets and income. He acquired his fortune from his successful career as an entrepreneur.