Andrew Forrest Net Worth (2025)
Businessman, Philanthropist

Net Worth
Wealth Tier: Multi-Billionaire
Net worth between $10 billion and $100 billion
Annual Income
$50 million per year (primarily from Fortescue Metals Group dividends and investments)
Net Worth Timeline
2021: $18,000,000,000, 2022: $15,500,000,000, 2023: $20,000,000,000, 2024: $19,000,000,000
Andrew Forrest's Biography
Andrew Forrest, widely known as 'Twiggy,' is an influential Australian businessman, philanthropist, and founder of the Fortescue Metals Group. Born on November 18, 1961, Forrest has risen to become one of Australia's wealthiest individuals, thanks to his vision and leadership in transforming the iron ore industry. With a background in economics from the University of Western Australia, he began his career in stockbroking before venturing into mining. His first major breakthrough came in the early 2000s when he established Fortescue Metals Group, which rapidly grew to compete with industry giants and revolutionize resource extraction in Western Australia. Beyond business, Forrest and his wife Nicola are passionate philanthropists, having established the Minderoo Foundation to address global challenges such as modern slavery, ocean health, and Indigenous rights. Despite facing controversies over environmental and land issues, Forrest remains committed to sustainable development and social responsibility. His net worth has seen significant fluctuations, with recent estimates placing it at $19 billion. A man of diverse interests, Forrest enjoys yachting, horse breeding, and advocates for environmental sustainability. He believes, as he famously said, that 'true wealth is measured not by what you accumulate, but by what you give away.' Andrew Forrest continues to shape Australia’s business landscape and philanthropic sector, making a lasting impact both at home and worldwide.
Wealth in Perspective
Fun Fact
He was nicknamed 'Twiggy' due to his lanky frame as a child.
Full Name
John Andrew Henry Forrest
Nickname
Twiggy
Nationality
Australian
Birthday
November 18, 1961
Age
63
Zodiac Sign
Scorpio
Height
5'10" (179 cm)
Weight
181 lbs (82.0 kg)
Marital Status
Married
Spouse
Nicola Forrest
Children
3
Education
Bachelor of Economics, University of Western Australia
Famous For
Founder and Chairman of Fortescue Metals Group
First Big Break
Acquiring mining leases and establishing Fortescue Metals Group in the early 2000s
Social Media
Twitter: @andrewforrestau
Businesses Owned
Fortescue Metals Group, Minderoo Foundation, Tattarang
Awards
Officer of the Order of Australia, GQ Businessman of the Year
Category
Business
Controversies
Environmental concerns over mining operations, disputes with Indigenous groups, comments on Australian mining policy
Hobbies
Philanthropy, yachting, horse breeding
Interests
Environmental sustainability, Indigenous rights, economic development
Quote
"True wealth is measured not by what you accumulate, but by what you give away."