"andrew forrester ucla"
Andrew Forrest
Andrew Forrest Net Worth is $Billion. 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. John Andrew Henry Forrest (born 1961), better known as Andrew or by his nickna...

Andrew Forrest Net Worth is $Billion.

Andrew Forrest Net Worth is $Billion. John Andrew Henry Forrest , better known as Andrew or by his nickname Twiggy, is a Western Australian mining magnate currently a non-executive chairman John Andrew Henry Forrest , 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 . 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 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 rele...
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Andrew Forrest Latest News

Arrium shares plunge as iron ore sales come at a loss

Perth-based Atlas Iron recently announced it would shut its Pilbara iron ore operations in light of the iron ore price fall, while Andrew Forrest’s Fortescue Metals Group is introducing a tougher work roster for its ­employees in a bid to address its ...
Posted: April 20, 2015, 4:36 pm

Fortescue Metals Faces a Cash Crunch

Fortescue’s top ranks are now racing to reverse the fortunes of the company founded in 2003 by billionaire Andrew Forrest, one of Australia’s best-known businessmen. Its market value has tumbled nearly 65% to 5.58 billion Australian dollars (US$4.23 ...
Posted: April 15, 2015, 6:57 am

Rio Tinto iron ore output climbs despite glut

Fortescue, the world’s fourth-largest iron ore supplier by output, has been cutting costs and mining less in an effort to cope, and the company’s founder Andrew Forrest even called for miners to cap output to halt the price fall. Rio Tinto shares rose ...
Posted: April 20, 2015, 6:45 pm

Billionaires at the ball! Rarely seen mining magnate Gina Rinehart wears billowing gown as she shows off her dance moves with Lindsay Fox at Sophia Loren gala

The decline of the mining boom is hitting the iron ore industry hard with the Sydney Morning Herald this week estimating Gina and her Fortescue Metals counterpart Andrew Forrest, are out of pocket $25 billion as a result of crumbling profits. Meanwhile ...
Posted: April 20, 2015, 10:43 am

Shock and ore: Our top two mining billionaires have lost $25 billion in the bust

The ebbing fortunes of our red-dirt billionaires from the west, Gina Rinehart and Andrew Forrest, is a harbinger of the bumpy ride we all face, according to Treasurer Joe Hockey who will bring down his second budget in May. He is forecasting a $30 ...
Posted: April 17, 2015, 6:52 am
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