Andrew Forrest net worth

Net Worth

Net Worth: $19.0 billion Multi-Billionaire
$19.0 billion
$10B $32.5B $55B $77.5B $100B

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."

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