Andrew Forrest Net Worth is$Billion
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Birth Name: John Andrew Henry Forrest
Birth Date: 1961
Birth Place: Perth, Western Australia, Australia
Residence: Perth, Western Australia
Nationality: Australian
Alma Mater: University of Western Australia
Occupation: Non-executive chairman, Fortescue Metals Group
Networth: {{loss}} {{USD}}5.3 bn (''Forbes Asia'' 2012) Boards: Niagara Mining
Religion: Christian
Spouse: Nicola Forrest
Children: 3
John Andrew Henry Forrest (born 1961), better known as Andrew or by his nickname Twiggy, is a Western Australian mining magnate currently a non-executive chairman and previously the chief executive officer of Fortescue Metals Group (FMG). He is also a substantial supporter and official public Ambassador of the Australian Indigenous Education Foundation. In 2010 he surpassed James Packer as the richest person in Australia, although by 2012 had slipped to the third richest person.
Forrest was born in Perth, Western Australia, the youngest of three children of Donald and Judith Forrest. He is the great-great nephew of John Forrest, the first premier of Western Australia. His great-grandfather, David Forrest, was the manager and (with his brothers John and Alexander, and Septimus Burt) part-owner of Minderoo Station. Forrest's early years were spent as a jackaroo at Mindaroo Station, in the Pilbara. Minderoo was owned by the Forrest family until it was sold in 1998 by Donald due to relentless drought and debt, but was bought back by Forrest in 2009.
Forrest was educated at Onslow Primary School, before moving back to Perth to attend Christ Church Grammar School and then Hale School. As a child, he suffered a stutter problem, which is how he came to develop a relationship with Ian Black, whose father Scotty Black, an Aboriginal, became Forrest's mentor. Forrest then attended the University of Western Australia where he studied a double major in economics and politics.
After graduating, he worked as a stockbroker at the brokerage houses Kirke Securities and Jacksons. In his early 30s, he became the founding CEO of Anaconda Nickel (now Minara Resources), which has since grown to be one of Australia's single largest mineral exporters with its Murrin Murrin Joint Venture nickel project.
In 2003, he took control of Allied Mining and Processing and renamed it Fortescue Metals Group. He is still a major shareholder of FMG, through his private company, The Metal Grou

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Andrew Forrest Latest News

Can Raelene Castle fix Rugby Australia and rebuild a Super Rugby disaster

They need something to be excited about. The second part will be turning billionaire Andrew "Twiggy" Forrest from enemy to ally after RA went to war with the mining magnate over the Force's future. Ambitious: Andrew Forrest has a heart to heart with Force ...
Posted: December 12, 2017, 1:39 am

NAB's ban on new mines sets a new high bar for coal miners

Chris Ellison sure does a nice line in Andrew Forrest. Western Australian to his bootstraps, the man who is taking on China Inc in the contest over the Waitsia gas play is unafraid to express great ambition in data-punctuated streams of colourful ...
Posted: December 14, 2017, 3:28 pm

Rugby Australia put brakes on Twiggy Forrest’s grand plan

The planned Indo Pacific Rugby Championship, into which Andrew “Twiggy” Forrest is scheduled to pump $100 million a year for the next 10 years, is in danger of falling over as talks with Rugby Australia grind to a halt. A term sheet sent by RA to ...
Posted: December 13, 2017, 5:15 pm
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