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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

Andrew Forrest wins qualified support from WA Premier in iron ore row

Andrew Forrest’s call to cap iron ore production to boost its ailing price was careless — but the reaction has been over the top, the West Australian premier says. The Fortescue Metals chairman made the comment at a business function in China this week ...
Posted: March 26, 2015, 9:41 pm

Fortescue Metals defends chairman Andrew Forrest's 'cap iron ore' comments

Fortescue Metals has defended allegations that its chairman Andrew Forrest broke the law by calling on fellow iron ore producers to cut production and boost prices. The Australian Competition and Consumer Commission (ACCC) launched an investigation on ...
Posted: March 25, 2015, 1:49 am

Rio Tinto, Chinese Steel dismiss Andrew Forrest's cartel proposal as unworkable nonsense

Fortescue Metals Group chairman Andrew Forrest's has earned widespread ridicule from big mining bosses over his call for an Australian iron ore cartel as Chinese Steel officials dismissed the idea as unworkable. As the competition regulator progresses its ...
Posted: March 26, 2015, 8:29 pm

Billionaire Forrest Urges Iron Ore Curbs as Prices Slump

Fortescue Metals Group Ltd. Chairman Andrew Forrest urged major competitors Tuesday to limit output to boost prices that have slumped 50 percent in the past year to below $55 a metric ton amid increases to seaborne supply. “I’m absolutely happy to cap ...
Posted: March 24, 2015, 8:32 pm

Andrew Forrest criticised by Rio Tinto boss Sam Walsh over 'harebrained scheme' to cap iron ore production

Rio Tinto's chief executive Sam Walsh has delivered a stinging rebuke to the suggestion by Fortescue Metals' chairman Andrew Forrest that Australia's iron ore miners should introduce a production cap in an effort to push up prices. Mr Walsh told a Minerals ...
Posted: March 25, 2015, 10:46 pm
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