Andrew Forrest

Dr Andrew Forrest
AO
Forrest in 2017
Born
John Andrew Henry Forrest

(1961-11-18) 18 November 1961 (age 63)
Perth, Western Australia, Australia
Education
Alma materUniversity of Western Australia
Occupation(s)Non-executive chairman, Fortescue Metals Group
SpouseNicola Maurice
Children4
Relatives
Awards
Notes

John Andrew Henry Forrest AO (born 18 November 1961), nicknamed Twiggy, is an Australian businessman. He is best known as the former CEO (and current non-executive chairman) of Fortescue Metals Group (FMG), and has other interests in the mining industry and in cattle stations.

With an assessed net worth of A$33.29 billion according to the Financial Review 2023 Rich List, Forrest was ranked as the second richest Australian.[5] The Financial Review named him the richest person in Australia in 2008.[6][7]

In 2013, Andrew and Nicola Forrest, his wife, were the first Australian billionaires to pledge the majority of their wealth to charity in their lifetimes.[8] He had earlier stepped down as CEO of Fortescue Metals in 2011.[9] Much of the Forrest's philanthropy has been through either the Minderoo Foundation (focusing on education and Indigenous Australians) or the Walk Free Foundation (focusing on ending modern slavery), both of which he established. Forrest has been accused of avoiding paying company tax, having revealed in 2011 that Fortescue had never paid company tax.[10]

  1. ^ Cite error: The named reference AO was invoked but never defined (see the help page).
  2. ^ "Australian Sports Medal entry for Mr Andrew FORREST". Australian Honours Database. Canberra, Australia: Department of the Prime Minister and Cabinet. 5 December 2000. Retrieved 25 December 2020. For services to athletics.
  3. ^ "Centenary Medal entry for Mr Andrew FORREST". Australian Honours Database. Canberra, Australia: Department of the Prime Minister and Cabinet. 1 January 2001. Retrieved 25 December 2020. For service resource development.
  4. ^ Cite error: The named reference afr2021 was invoked but never defined (see the help page).
  5. ^ Cite error: The named reference afr2023 was invoked but never defined (see the help page).
  6. ^ Chappell, Trevor (28 May 2008). "Alan Bond makes BRW rich list comeback". news.com.au. Australia. Australian Associated Press. Archived from the original on 15 March 2010. Retrieved 27 July 2011.
  7. ^ Cite error: The named reference BRW2011 was invoked but never defined (see the help page).
  8. ^ Walsh, Katie; Forrestal, Luke (20 February 2013). "Twiggy joins Buffett in billionaires' pledge". Financial Review. Australia. Archived from the original on 28 July 2014. Retrieved 22 May 2013.
  9. ^ Weber, David (1 June 2011). "Andrew Forrest standing down as CEO of Fortescue". PM (ABC Radio). Australia. Archived from the original on 22 July 2021. Retrieved 30 April 2020.
  10. ^ "Fortescue under fire for not paying tax". ABC News. Australian Broadcasting Company. 9 November 2011. Archived from the original on 3 August 2020. Retrieved 30 April 2020.