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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 buys up more FMG shares

The value of FMG shares have fallen by around 48 per cent this year, and Andrew ‘Twiggy’ Forrest stepped in to buy $11 million worth of them last week. The purchase means Forrest has upped his stake in the company from 33.2% to 33.3% after the buying ...
Posted: November 23, 2014, 4:21 pm

Andrew Forrest and Fortescue Metals Group sue insurer to cover $6.1m in costs from defending failed ASIC action

WA mining magnate Andrew “Twiggy” Forrest and Fortescue Metals Group are suing a London-based insurer to cover $6.1 million in costs from defending failed action taken against them by ASIC. In October 2012, the High Court upheld an appeal by the iron ...
Posted: November 15, 2014, 11:13 pm

Mining magnate Andrew Forrest driving a national brand for China trade

ADVERTISING guru Harold Mitchell will create a universal brand for Australian food produce, as farmers look to capitalise on a China trade deal. A meeting of top Australian and Chinese food and agriculture businesses endorsed the plan in Canberra at the ...
Posted: November 16, 2014, 4:44 pm

Fortescue chairman Andrew Forrest back buying shares

Andrew Forrest has resumed buying shares in his beloved Fortescue Metals Group after a two-month absence. A lot has happened with the Fortescue share price during that time and it is about one-third lower now because of lower iron ore prices. Forrest ...
Posted: November 20, 2014, 10:12 pm

Forrest seeks input on farming infrastructure spend

MINING billionaire Andrew Forrest wants his group of high-powered ­Chinese and Australian agricultural and food businesses to help determine infrastructure spending approvals in the sector by Infrastructure Australia. As part of a Memorandum of ...
Posted: November 16, 2014, 6:10 pm
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