Skip to content

Wealthy tycoon Andrew Forrest, alongside his kin, finds themselves in the limelight once more.

Entrepreneur Andrew Forrest established Fortescue Metals Group in 2003, initially a significant iron ore corporation. However, it's currently transitioning to a front-runner in the sphere of green energy.

Andrew Forrest established Fortescue Metals Group in the year 2003. This significant iron ore...
Andrew Forrest established Fortescue Metals Group in the year 2003. This significant iron ore corporation is making strides towards leading the charge in the green energy sector.

Andrew "Twiggy" Forrest: A Business Magnate Turned Green Energy Pioneer

Wealthy tycoon Andrew Forrest, alongside his kin, finds themselves in the limelight once more.

$12.68B (2025) - Real-Time Net Worth - $21.5B (2024 Australia's 50 Richest Net Worth)

Meet Andrew Forrest

Once the founder of Fortescue Metals Group, a titan in the iron ore industry swiftly transitioning into a green energy powerhouse, Andrew Forrest is now leading the charge towards a sustainable future.

The Minderoo Foundation & Beyond

Heading the Minderoo Foundation with A$9.6 billion in assets, Forrest is diligently working on causes such as gender equality, climate change, and aiding post-conflict reconstruction in Ukraine. Wanting to diversify his holdings, Forrest's private company, Squadron Energy, splurged approximately A$4 billion on Australia's largest wind energy company, CWP Renewables, in 2022.

With an eye on Ukraine's recovery, Forrest pledged an impressive A$750 million to revamp the nation's energy and communication systems.

Life's Turning Point

In July 2023, Forrest and his wife Nicola parted ways after 30+ years of marriage.

Wealth Timeline: Andrew Forrest & Co.

Personal Details

  • Age: 62
  • Wealth Origin: Mining, Self-Made
  • Residence: Perth, Australia
  • Nationality: Australian
  • Marital Status: Separated
  • Offspring: 3
  • Education: BA/Science, University of Western Australia; Ph.D, University of Western Australia

More to Explore:

Gina Rinehart - Australia's Top 50 Richest

Sources:1. Source 12. Source 23. Source 34. Source 45. Source 5

Andrew Forrest, with his background in science from the University of Western Australia, has leveraged his business acumen in the mining sector to amass significant wealth. His financial success has allowed him to invest in various sectors, including renewable energy through Squadron Energy's acquisition of CWP Renewables for approximately A$4 billion. Beyond business, Forrest is deeply engaged in philanthropy, using his wealth to address issues such as climate change and gender equality through the Minderoo Foundation. Recently, he pledged A$750 million towards Ukraine's energy and communication system rejuvenation. Despite his personal setback due to separation from his wife, Forrest continues to make strides in shaping his lifestyle and the world, particularly in the spheres of education, science, business, finance, and international affairs.

Read also:

    Latest