Andrew Forrest Biography
John Andrew Henry Forrest also known by his nickname Twiggy, is an Australian famous businessman. He is popular as the former CEO of Fortescue Metals Group (FMG). Presently, he serves as the non-executive chairman at Fortescue. Andrew also owns several charitable organizations, the most prominent being the Minderoo Foundation, which he co-established with his wife.
Forrest is a native of Perth, Western Australia, Australia. He attended Onslow Primary School and later transferred to Chris Church Grammar School and then Hale School. After that, he enrolled at the University of Western Australia where he majored in economics and politics. Shortly after graduating, he worked as a stockbroker at the brokerage houses Kirke Securities and Jacksons. Later after, Andrew left and joined Nickel Mining founded by Anaconda Nickel. In 1993, he become the CEO of Anaconda Nickel after buying a stake in the company.
Currently, the company is one of Australia’s biggest exporters of minerals, with its Murrin Murrin Joint Venture nickel project. Moreover, he also took over Allied Mining and renamed it Fortescue Metals Group (FMG). Forrest is also the major shareholder of FMG, through The Metal Group. Prior to that, FMG also owns major iron deposits at 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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Additionally, Andrew also purchased back Minderoo Station, the property that his father had sold in times of financial issues. Aside from that, he also has 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. Currently, he serves as the non-executive chairman of FMG, along with managing his mining industries and farmlands. He is also the ambassador of the Australian Indigenous Education Foundation.
On top of that, he has also been associated with charitable organizations like the Rockefeller Group, Bill and Melinda Gates, and Warren Buffett. In 2001, Forrest together with his wife, Nicola set up the Australia Children’s Trust. Besides that, in 2013, he donated A$65 million to higher education in Western Australia and became the highest dona in Australia. Furthermore, John has also been awarded 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 was awarded a Ph.D. in Marine Science from the University of Western Australia and has a strong interest in maintaining the health of the oceans.
Andrew Forrest Age
John is 61 years old as of 2023. He was born on November 18, 1961, in Perth, Western Australia, Australia. In addition, he celebrates his birthday on November 18 every year.
Andrew Forrest Wife
Forrest got married to his caring and loving wife Nicola Maurice in 1991. Nicola is the daughter of Tony Maurice who was a major figure in the Australian League of Rights Christian organisation. Her sister. Katrina is the wife of David Thompson who was the leader of the New Zealand League of Rights. The couple is blessed with four children namely Grace, Sophia, Matilda, and Sydney.
Andrew 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’s Net Worth
John has an estimated net worth ranging between $ 17 billion to $ 21 billion dollars. This contains his money, personal assets, and income. He has acquired his fortune from his successful career as a businessman.