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Andrew Forrest

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Andrew Forrest
John Andrew Henry Forrest (born 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), but also has interests elsewhere in the mining industry and in cattle stations. With an assessed net worth of A$6.84 billion according to the 2017 Financial Review Rich List, Forrest was ranked within the top ten richest Australians. He was the richest person in Australia in 2008. In 2013, Forrest and his wife, , were the first Australians to pledge the majority of their wealth to charity in their lifetimes. He had earlier stepped down as CEO of Fortescue Metals in 2011 in order to spend more time on philanthropic pursuits. Much of his philanthropy has been through either the (focusing on education and Indigenous Australians) or the Walk Free Foundation (focusing on ending modern slavery), both of which he established. In 2014, Forrest and his wife, Nicola, pledged $65 million over 10 years through the Minderoo Foundation, establishing the to offer scholarships to students pursuing a PhD at a Western Australian university.
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Born
1961-07-05
Birth Place
Perth,_Western_Australia
Nationality
Australian
Education
University_of_Western_Australia
Spouse(s)
Nicola_Maurice
Children
3
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CleanTechnica

Andrew Forrest Calls Out Hydrogen Greenwashing in Australia

Greenwashing is when a company (or, in this case, the government of Australia) markets itself as environmentally friendly, focusing the limelight on facts that minimizing their environmental impact. It’s considered a deceitful marketing gimmick that’s often used to mislead people who prefer to support goods and services from environmentally conscious brands. In an example of the worst kind of greenwashing, the Australian government is patting itself on the back for its “green” achievements after sending off a ship full of “brown” hydrogen to Japan while, at the same time, they are subsidizing the fossil fuel industry to the tune of $20,000 a minute.
ENERGY INDUSTRY
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MarketRealist

Billionaire Andrew Forrest Launches Criminal Action Against Facebook

Self-made billionaire Andrew Forrest is the founder of Fortescue Metals Group (FMG), which is one of the largest iron ore producers in the world. Forrest, who once served as the company’s CEO, now serves as its chairman and remains a large shareholder. Although Forrest is best known for spending his time focusing on FMG and being “Australia’s biggest philanthropist,” he has had to shift his focus to Facebook’s recklessness.
ECONOMY
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mining.com

Andrew Forrest spearheads global green hydrogen push

Iron ore billionaire Andrew Forrest and former Australian Prime Minister Malcolm Turnbull will spearhead a new global body to promote greater use of hydrogen produced from renewable sources, targeting a 25% slice of the world energy market by 2050. The Green Hydrogen Organization, to be known as GH2, was unveiled...
ENVIRONMENT
The Guardian

Andrew Forrest takes $20m stake in Tasmania’s controversial salmon industry

The iron ore billionaire Andrew “Twiggy” Forrest has waded into Tasmania’s controversial salmon industry investing almost $20m in the troubled Huon Aquaculture Group. Through his family’s private investment arm, Tattarang, Forrest has hauled in a 7.33% stake in the Tasmanian salmon farmer, with a statement made to the Australian Stock Exchange late on Monday confirming the purchase.
AGRICULTURE