Jump to content

Andrew Forrest

From Wikipedia, the free encyclopedia
(Redirected from Minderoo Foundation)

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]

Early life

[edit]

John Andrew Henry Forrest[11] was born on 18 November 1961[12] in Perth, Western Australia,[12] the youngest of three children of Judith (née Fry) and Donald Forrest.[13] His father, grandfather (Mervyn), and great-grandfather (David) were all managers of Minderoo Station, which David had established in 1878 with his brothers, Alexander and John.[14] John, Alexander, David, and Mervyn were all members of parliament for periods, with John serving as Western Australia's first premier.[15][16] Forrest's early years were spent at Minderoo, located in the Pilbara region south of Onslow.[14] Minderoo was owned by the Forrest family until it was sold in 1998 by his father due to relentless drought and debt,[13] but it was bought back by Forrest in 2009.[17][18]

Forrest was educated at Onslow Primary School[13] and through the School of the Air before moving to Perth to attend Christ Church Grammar School and then Hale School.[19] He stuttered as a child,[13] which is how he came to develop a relationship with Ian Black, whose Aboriginal father, Scotty,[20] became Forrest's mentor. Forrest went on to the University of Western Australia[21] where he majored in economics and politics.[22]

Career

[edit]

Anaconda Nickel

[edit]

After graduating, Forrest worked as a stockbroker at the brokerage houses Kirke Securities and Jacksons. After noticing that the demand for stainless steel was rising at 4 per cent a year, he quit stockbroking and got into nickel mining by founding Anaconda Nickel.[23] He became the founding CEO of Anaconda Nickel in 1993, after buying a stake in the company.[24][25] However, in 2001 he was ousted as CEO when the company almost collapsed.[25] US bondholders received $0.26 for each dollar of debt in the restructuring.[25] The company's shares fell by 89% before it was taken over by Glencore and renamed Minara Resources.[25]

Fortescue Metals

[edit]
Main article: Fortescue Metals Group

In April 2003, he took control of Allied Mining and Processing, which had rights to iron ore in the Pilbara, and renamed it Fortescue Metals Group (FMG).[26] He remains a major shareholder of FMG, through his private company, The Metal Group.[27]

One of Forrest's initial mines in the Pilbara produced and shipped $50 billion worth in iron ore, without ever providing compensation or receiving permission from the Yindjibarndi people to carry out mining on their land. The operations in the area destroyed about 250 cultural and sacred sites.[28]

Fortescue made its first iron ore shipment to China in May 2008. Fortescue increased its capacity to 155 million tonnes per annum through a $9.2 billion expansion in 2014.[12] Since then, the company has grown to possess three times the tenements of its nearest rival in Western Australia's iron ore rich Pilbara region. Fortescue holds major deposits at Mount Nicholas, Christmas Creek, Cloudbreak, and Tongolo. In 2007, he took an interest and a directorship in Niagara Mining Limited, renamed Poseidon Nickel Limited, which had in 2006 acquired from WMC the Windara nickel deposits near Laverton, Western Australia.[29][30]

Forrest described the Gillard government proposed Minerals Resource Rent Tax (MRRT) as "economic vandalism"[31] and a "mad dog's breakfast"[32] that would drive up foreign resource ownership.[33] He stated he would challenge it in the High Court as being unconstitutional, as it discriminates against states, and fails to appropriately capture big producers BHP Billiton and Rio Tinto.[34] WA premier Colin Barnett has stated the state government would back constitutional action,[32] admitting the tax had been suggested to him as a "sovereign risk". He was highly critical of the government's expenditure of $38M on an advertising campaign, that was not approved using the usual processes, as it had to "counter mining industry 'spin' about the resources super profits tax".[13]

The former treasurer Wayne Swan said the big miners would pay at least A$2 billion tax, and wrote to the head of BDO Accounting, who modelled the claims Forrest used, noting they were "utterly unrealistic" and riddled with errors.[35] Treasury concurred that they would be unable to release the assumptions underpinning its forecasts, as they were based on confidential information provided by the big miners.[35] Gillard struck a deal with BHP Billiton, Rio Tinto and Xstrata to develop the MRRT.[36] Independent MP Andrew Wilkie requested the government take Forrest's mining tax grievance to heart.[32]

In August 2021, it was announced that Forrest would receive a $2.4 billion dividend on Fortescue's record profit.[37]

Tattarang

[edit]
Main article: Tattarang

Tattarang is the holding company for the Forrest family’s private business interests. Tattarang invests in a diverse range of businesses across agri-food, energy, health technology, property, resources, and lifestyle. The group is made up of several business divisions: Fiveight, Harvest Road, Squadron Energy, Tenmile, Wyloo Metals, Z1Z,[38] and Akubra.[39]

Global Rapid Rugby

[edit]
Main article: Global Rapid Rugby

Following SANZAAR's decision to reduce the number of Super Rugby teams for 2018, the Australian Rugby Union (now Rugby Australia) announced in August 2017 that Perth-based rugby team Western Force would be one of the teams cut from the 2018 competition. In the following month, Forrest announced that he would create a new tournament called the Indo Pacific Rugby Championship which would include the Western Force and five other teams from the Indo-Pacific region.[40] For the 2018 season, the competition was launched as World Series Rugby, played as a series of exhibition matches as the precursor to a wider Asia-Pacific competition planned for 2019.[41]

The competition was rebranded in November 2018 as Global Rapid Rugby. A season of fourteen matches was played in 2019. The 2020 Global Rapid Rugby season was cancelled due to the COVID-19 pandemic after only one completed round of competition.[42]

Cattle industry

[edit]

After buying back the family property, Minderoo Station in 2009 Forrest acquired the adjoining properties, Nanutarra and Uaroo Stations in 2014, increasing his total pastoral holdings in the Pilbara to 7,300 square kilometres (2,819 sq mi).[43] In August 2015 he acquired both Brick House Station and Minilya Station for an estimated A$10 million, bringing his total pastoral holdings to over 10,000 square kilometres (3,861 sq mi).[44]

In 2020, Forrest acquired both Quanbun and neighbouring property, Jubilee Downs, in the Kimberley region of Western Australia for over A$30 million.[45]

Allied Medical

[edit]
Further information: Anteris Technologies

In 2005, a medical equipment distribution company called Allied Medical was spun out of Fortescue Metals Group.[46] Forrest was a director of the company.[46] In June 2011, Allied Medical, of which Forrest owned a 46 percent stake in, was acquired by biotechnology company BioMD.[47] Forrest retained an approximate 17–18 percent stake in the combined company, Allied Healthcare Group, after the takeover.[48] Allied Healthcare Group eventually became structural heart company Anteris Technologies.[49][50]

Recognition and honours

[edit]

Forrest has an Australian Centenary Medal, Australian Sports Medal, was awarded the 2017 Western Australian of the Year Award, and the 2018 EY Entrepreneur of the Year Alumni Social Impact Award.[51]

In 2017 Forrest was appointed an Officer of the Order of Australia for distinguished service to the mining sector, to the development of employment and business opportunities, as a supporter of sustainable foreign investment, and to philanthropy.[1]

In 2019 Forrest was awarded a PhD in Marine Science from the University of Western Australia,[52] and has a strong interest in maintaining the health of the oceans.[53]

Other roles

[edit]

Forrest is well-connected in political, business, and sporting circles.[54] He is an adjunct professor at the Chinese Southern University and a fellow of the Australasian Institute of Mining & Metallurgy. He is a former director of Australia's Export Finance and Insurance Corporation and the Chamber of Minerals and Energy of Western Australia, and former chairman of Athletics Australia.[55]

He has addressed the Queensland University of Technology,[56] and Christians in the Marketplace.[57] He gave the 2020 Boyer Lecture to outline a case for hydrogen energy and ways to manage human impacts on the oceans.[53]

Philanthropy

[edit]

Andrew and Nicola Forrest made The Giving Pledge in 2013, stating:[58][59]

"We hope to help empower individuals and families currently suffering the despair of poverty, slavery and the lack of opportunity for themselves and their children. We feel that if we all do whatever we can with whatever we have, large or small, then each of us will help make our world a more equitable and positive environment for others to thrive in."

— Andrew and Nicola Forrest, February 2013

Indigenous Australians

[edit]

After stepping down as chief executive officer of FMG, Forrest noted that he had been spending more than 50% of his time on Indigenous philanthropy.[9][60] Forrest became an ambassador for the Australian Indigenous Education Foundation.[61] Encouraged by the philanthropy of the Rockefeller Group, Warren Buffett, and Melinda and Bill Gates,[62] Andrew and Nicola Forrest established the Australian Children's Trust in 2001.[55]

Through the influence of Scotty Black, Forrest started the GenerationOne project,[63][20] with assistance from James Packer and Kerry Stokes, who each donated A$2 million, along with the support of their respective media stations, Channel 9 and Channel 7.[64] GenerationOne and the Australian Children's Trust help to create sustainable solutions on addressing social disadvantage.[65] With Kevin Rudd, Forrest launched the Australian Employment Covenant,[65] that campaigned for businesses to hire Indigenous Australians, as they could "add value" to Australian businesses because they were "professional and reliable and wonderful" and that there is no reason for Indigenous disparity.[20][66] GenerationOne ran a series of television advertisements privately funded by Forrest, Packer and Stokes.[67] Between 2008 and 2011, Forrest obtained 253 business signatories to his covenant.[66] With Rudd, Forrest planned to employ 50,000 Aboriginal people.[68][69] As the two-year deadline approached, estimates put the number of Indigenous job placements under the scheme at around 2,800, well short of the original goal.[70]

Forrest is opposed to welfare dependency for Indigenous Australians.[71] He has recounted stories of young Aboriginal girls in the Pilbara offering men sex for cigarettes, leading to five indigenous women from the region collectively lodging a complaint with the Human Rights and Equal Opportunity Commission that Forrest's comment was racist and vilified the community.[72] Forrest has been publicly accused of engaging in questionable methods of land acquisition,[73][74] and has had accusations levelled at his company for failing Indigenous trainees at FMG's vocational training centre in Port Hedland.[75]

In 2013, Forrest was chosen to lead an Australian Government review into Indigenous employment and training programs.[76] Delivered on 1 August 2014 with 27 recommendations,[77] the review proposed the creation of the Cashless Welfare Card.[78]

Slavery and human trafficking

[edit]

Forrest's daughter, Grace volunteered at an orphanage in Nepal and discovered the children she had looked after had been trafficked to be sex slaves in the Middle East. This distressed Grace and motivated her father to act.[79][80] Grace, aged 21 years, said at a 2014 interfaith meeting held at the Vatican, "I feel like a puppet for hundreds of thousands of girls who are voiceless – if I can stand for them, that is what I'm here to do."[81]

Forrest established the Walk Free Foundation in 2010 to fight modern slavery.[82] In 2013 the organisation launched the Global Slavery Index ranking 162 countries "based on a combined measure of three factors: estimated prevalence of modern slavery by population, a measure of child marriage, and a measure of human trafficking in and out of a country".[83] The Index estimates there are 29 million slaves worldwide, roughly half in India and Pakistan.[80] In January 2014, Forrest announced a deal with Pakistan to do away with more than two million slaves in return for cheap coal.[84]

Forrest founded the Global Freedom Network that the Pope, the Archbishop of Canterbury, and the Grand Imam of al-Azhar lead. The Global Freedom Network works to stop all religious faiths from using organisations involved with slavery in their supply chain.[79]

When I heard the news [that all parties had agreed to the venture] I have to admit I became emotional. This is going to change everything. This is set up like a high-achieving, measurement-driven, totally target-oriented company, it's like a hard-edged business. We are out to defeat slavery, we are not out to feel good. This is our mission. You see the complete hopelessness in the eyes [of enslaved people]. It’s like I’m stuck, I will never get help, I am dirt. Then you know that you can’t rest until you free them.

— Andrew Forrest, interviewed in 2014

In 2014 Andrew and Grace Forrest attended a meeting held in the Vatican, being a Joint Religious Leaders Declaration Against Modern Slavery. The anti-slavery declaration was signed by Pope Francis, Mata Amritanandamayi, Justin Welby, Thích Nhất Hạnh, K. Sri Dhammananda, David Rosen, Ecumenical Patriarch Bartholomew, Abraham Skorka, Mohamed Ahmed El-Tayeb, Mohammad Taqi al-Modarresi, Basheer Hussain al-Najafi, and Omar Abboud – religious leaders representing forms of Christianity, Judaism, Islam, Hinduism and Buddhism.[81] Welby, the Archbishop of Canterbury, urged consumers to demand more information about whether forced labour was involved in goods they bought.[85]

Other philanthropic interests

[edit]

As of September 2007, Forrest had injected A$90 million into his children's charity.[62] Philanthropic activity has included gifts to his alma mater, Hale School;[86] participation in the St Vincent de Paul Society CEO sleepouts;[87] and a gift from the proceeds of the sale of 5,000 tonnes (5,500 short tons) of iron ore to the Chinese earthquake relief effort.[88] In October 2013 it was announced that Forrest was to donate A$65 million towards higher education in Western Australia. At the time the sum was believed to be the highest philanthropic donation in Australia, with most going toward funding scholarships.[89]

The Minderoo Foundation, Forrest's private foundation, was renamed as the Minderoo Group is to be expanded to include higher education contributions. The foundation has given A$270 million through the foundation since 2001.[89] In 2014, Andrew and Nicola Forrest pledged A$65 million over ten years through the Minderoo Foundation, establishing the Forrest Research Foundation to offer scholarships to students pursuing a PhD at a Western Australian university.[90][91] In 2017 Forrest donated A$400 million to medical research and social causes,[92] and in 2019 donated a further A$655 million to expand the existing work of the Minderoo Foundation in areas including cancer research, early childhood development, ocean health, and eliminating modern slavery, the largest ever living donation by any Australian philanthropist.[93]

Personal life

[edit]

In 1991, Forrest married Nicola Maurice who grew up on a farm in central western New South Wales; the family raised sheep and cattle and grew wheat.[94] They have four children, including Sophia.[95][96] In July 2023, after 31 years of marriage, Andrew and Nicola announced their separation. This will not affect their company.[97][98]

Forrest purchased the 58.2-metre (191 ft) superyacht Pangaea in 2018. Built by US shipyard Halter Marine in 1999, the yacht is registered in Montego Bay, Jamaica.[99] Forrest turned the yacht into an ocean research vessel for the Minderoo Foundation, with multiple laboratories and specialist research equipment installed since its purchase.[100]

In December 2015, Forrest purchased the heritage-listed Tukurua mansion in Cottesloe for $16 million.[101] The Forrest family housed refugees at the home for a period of time after the purchase. A restoration and development of additional buildings was completed in 2019.[102][103] In 2022, Forrest purchased the nearby heritage-listed Le Fanu House.[104]

Forrest is a Christian.[88]

Net worth

[edit]
Year Financial Review
Rich List 		Forbes
Australia's 50 Richest
Rank Net worth (A$) Rank Net worth (US$)
2011[7][105] 3 Increase $6.18 billion Increase
2012[106][107] 4 Decrease $5.89 billion Decrease
2013[108][109][110] 9 Decrease $3.66 billion Decrease
2014[111][112][113] 7 Increase $5.86 billion Increase
2015[114][115] 9 Decrease $2.83 billion Decrease
2016[116] 8 Increase $3.33 billion Increase
2017[117][118] 6 Increase $6.84 billion Increase
2018[119][118] 8 Decrease $6.10 billion Decrease
2019[120][121] 8 Steady $7.99 billion Increase
2020[122] 2 Increase $23.00 billion Increase
2021[4] 2 Steady $27.25 billion Increase
2022 2 Steady $30.70 billion Increase
2023[5] 2 Steady $33.29 billion Increase
Legend
Icon Description
Steady Has not changed from the previous year
Increase Has increased from the previous year
Decrease Has decreased from the previous year

References

[edit]
  1. ^ a b "Officer of the Order of Australia (AO) entry for Mr John Andrew FORREST". Australian Honours Database. Canberra, Australia: Department of the Prime Minister and Cabinet. 26 January 2017. Retrieved 25 December 2020. For distinguished service to the mining sector, to the development of employment and business opportunities, as a supporter of sustainable foreign investment, and to philanthropy.
  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. ^ a b Bailey, Michael; Sprague, Julie-anne (27 May 2021). "The 200 richest people in Australia revealed". Australian Financial Review. Archived from the original on 27 May 2021. Retrieved 28 May 2021.
  5. ^ a b Bailey, Michael; Sprague, Julie-anne (26 May 2023). "The 200 richest people in Australia revealed". Australian Financial Review. Archived from the original on 6 June 2023. Retrieved 6 June 2023.
  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. ^ a b "Passport Power". BRW Rich 200 Wealth Index. Australia. 25 May 2011. Archived from the original on 10 November 2012. Retrieved 2 June 2012.
  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. ^ a b 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.
  11. ^ "Fortescue Metals Group Ltd". The Wall Street Journal. Archived from the original on 16 October 2021. Retrieved 16 October 2021.
  12. ^ a b c "Andrew Forrest". Bloomberg Billionaires Index. Bloomberg L.P. Archived from the original on 16 October 2021. Retrieved 16 October 2021.
  13. ^ a b c d e Rule, Billy (27 June 2010). "Meet the man who inspired mining billionaire Andrew Forrest". The Sunday Mail. Queensland. Archived from the original on 1 February 2011. Retrieved 11 December 2011.
  14. ^ a b "Program: Forrest". Dynasties. Australia: ABC Television. 28 November 2005. Archived from the original (transcript) on 17 August 2016. Retrieved 3 June 2012.
  15. ^ Black, David; Bolton, Geoffrey (1990). Biographical Register of Members of the Parliament of Western Australia. Vol. One, 1870–1930. p. 74. ISBN 0-7316-9782-0.
  16. ^ Muir, Alison & Dinee (1982). Forrest Family, Pioneers of Western Australia, 1842–1982. J.R. Muir & Son. p. 101. ISBN 0-9592883-0-9.
  17. ^ Lake, Fiona (30 July 2009). "Andrew Forrest buys back Minderoo, the cattle station he grew up on". Fiona Lake blog. Archived from the original on 24 July 2012. Retrieved 3 June 2012.
  18. ^ "Forrest buys back the family farm". Farm Weekly. Western Australia. 24 July 2009. Archived from the original on 5 October 2011. Retrieved 3 June 2012.
  19. ^ Stewart, Cameron (24 May 2008). "The accidental billionaire". The Australian.
  20. ^ a b c Rule, Billy (26 June 2010). "Andrew Forrest's dance of destiny with Aboriginal mentor". Sunday Times. Western Australia. Archived from the original on 7 April 2012. Retrieved 11 December 2011.
  21. ^ "UWA staff and graduates win WA Citizen of the Year Awards". University of Western Australia. 31 May 2010. Archived from the original on 28 March 2012. Retrieved 5 December 2011.
  22. ^ "Andrew Forrest, Chairman, Fortescue Metals Group". Mines and Money. Archived from the original on 7 September 2012.
  23. ^ "Bloomberg Billionaires Index". Bloomberg.com. Retrieved 3 December 2022.
  24. ^ "The roller-coaster career of Andrew 'Twiggy' Forrest". Nikkei. Retrieved 20 July 2021.
  25. ^ a b c d "Fortescue woes stir Anaconda memories". Sydney Morning Herald. 17 September 2012. Archived from the original on 20 July 2021. Retrieved 20 July 2021.
  26. ^ Herald Sun newspaper, Melbourne. 6 August 2005
  27. ^ Ker, Peter (1 October 2011). "Forrest takes a $1.5bn hit". The Sydney Morning Herald. Archived from the original on 14 November 2011. Retrieved 11 December 2011.
  28. ^ Mercer, Daniel (13 August 2023). "Sadness, anger as billionaire miner's legal battle with the Yindjibarndi puts native title rights on trial". ABC News. Archived from the original on 13 August 2023. Retrieved 13 August 2023.
  29. ^ "The Windarra Nickel Project Feasibility Study Overview" (PDF). Poseidon Nickel Limited. September 2013. Archived (PDF) from the original on 17 March 2019. Retrieved 13 May 2019.
  30. ^ "Magnate's new Poseidon adventure". The Sydney Morning Herald. 14 April 2007. Archived from the original on 1 July 2007. Retrieved 19 August 2007.
  31. ^ Lawson, Rebecca (13 June 2011). "Fortescue's Andrew Forrest warns of minerals resource rent tax High Court challenge". PerthNow. Archived from the original on 2 September 2011. Retrieved 11 December 2011.
  32. ^ a b c Ryan, Siobhain; Wilson, Lauren (15 June 2011). "Andrew Wilkie backs Andrew Forrest's mining tax bid". The Australian.
  33. ^ "Mining tax to drive up foreign resources ownership: Forrest". The Age. Melbourne. 29 June 2011. Archived from the original on 3 August 2011. Retrieved 11 December 2011.
  34. ^ Fitzgerald, Barry (4 August 2011). "Forrest slams 'unfair' tax". The Age. Melbourne. Archived from the original on 30 August 2011. Retrieved 11 December 2011.
  35. ^ a b "Treasurer lashes Forrest's tax claim". The Sydney Morning Herald. 9 November 2011. Archived from the original on 10 November 2011. Retrieved 11 December 2011.
  36. ^ "Mining tax protects big companies only: Twiggy". WA Today. 3 November 2011. Archived from the original on 4 March 2016. Retrieved 11 December 2011.
  37. ^ "Andrew Forrest takes home $2.4bn dividend on record Fortescue profit". Archived from the original on 1 September 2021. Retrieved 1 September 2021.
  38. ^ "Who We Are". Tattarang. Archived from the original on 3 December 2022. Retrieved 3 December 2022.
  39. ^ Aishia, Samantha; Jambor, Claudia (19 November 2023). "Akubra owners tip their hats to billionaire 'Twiggy' Forrest after selling him iconic brand". ABC Coffs Coast. Australian Broadcasting Corporation. Archived from the original on 19 November 2023. Retrieved 19 November 2023.
  40. ^ "Indo Pacific Rugby Championship: Andrew 'Twiggy' Forrest reveals details of new rugby competition". The Australian. 13 September 2017. Archived from the original on 16 January 2021. Retrieved 15 November 2018.
  41. ^ "Western Force to return to action in World Series Rugby". ESPN. 6 March 2018. Archived from the original on 13 March 2018. Retrieved 22 March 2018.
  42. ^ "2020 Season cancelled". Channel News Asia. 7 April 2020. Archived from the original on 7 April 2020.
  43. ^ Burrell, Andrew (1 March 2014). "Andrew Forrest buys up Pilbara stations in Stowe sale". The Australian. Archived from the original on 3 March 2014. Retrieved 2 May 2014.
  44. ^ Thompson, Brad (6 August 2015). "Forrest adds cattle stations in big cattle drive". The West Australian. Archived from the original on 4 October 2015. Retrieved 2 October 2015.
  45. ^ Liveris, James; Warriner, Jessica (9 July 2020). "Andrew Forrest buys Kimberley's Jubilee Downs and Quanbun Downs for more than $30 million". ABC News. Australia. Archived from the original on 9 July 2020. Retrieved 9 July 2020.
  46. ^ a b Thomson, James (18 July 2010). "Medical company backed by mining billionaire Andrew Forrest launches biotech investment push". SmartCompany. Archived from the original on 17 March 2023. Retrieved 25 March 2023.
  47. ^ Stafford, Patrick (21 June 2011). "Andrew Forrest-backed biotech lists on ASX". SmartCompany. Archived from the original on 16 December 2011.
  48. ^ Evans, Nick (15 February 2011). "Forrest biotech company to list". PerthNow. Archived from the original on 17 March 2023. Retrieved 25 March 2023.
  49. ^ Smith, Sean (21 November 2013). "Allied rebrands as Admedus". The West Australian. Archived from the original on 17 March 2023. Retrieved 25 March 2023.
  50. ^ "Admedus Changes Name to Anteris Technologies Ltd" (Press release). GlobalNewswire. 1 June 2020. Retrieved 25 March 2023.
  51. ^ "Andrew Forrest – Fortescue Metals Group". Ernst & Young. Archived from the original on 25 April 2012. Retrieved 11 December 2011.
  52. ^ Hamish Hastie (5 December 2019). "The doctor is in: Andrew 'Twiggy' Forrest gets PhD in marine science". Australia. Sydney Morning Herald. Archived from the original on 24 January 2021. Retrieved 1 February 2021.
  53. ^ a b Forrest, Andrew (31 January 2021). "Boyer Lectures with Dr Andrew Forrest AO". Australian Broadcasting Corporation. Archived from the original on 23 January 2021. Retrieved 1 February 2021.
  54. ^ Cowie, Tom (16 August 2011). "Twiggy's got friends in high places". The Power Index. Archived from the original on 30 November 2011.
  55. ^ a b "Andrew & Nicola Forrest (National) – Entrepreneur of the Year". Ernst & Young. Archived from the original on 26 April 2012. Retrieved 11 December 2011.
  56. ^ "Andrew Forrest to address QUT Business Leaders' Forum". Queensland University of Technology. 10 May 2011. Archived from the original on 31 July 2011. Retrieved 11 December 2011.
  57. ^ "Upcoming event breakfast with Andrew Forrest". Christians in the Marketplace. 1 May 2010. Archived from the original on 2 March 2011.
  58. ^ "Andrew and Nicola Forrest". The Giving Pledge. February 2013. Archived from the original on 19 August 2017. Retrieved 23 June 2017.
  59. ^ Robin, Myriam (20 February 2013). "Andrew 'Twiggy' Forrest pledges to give away half his wealth". SmartCompany. Archived from the original on 24 February 2023. Retrieved 24 February 2023.
  60. ^ "I'm not stepping down because of ASIC: Forrest". BusinessDay. 1 June 2011. Archived from the original on 17 November 2011. Retrieved 11 December 2011.
  61. ^ "Our People". Australian Indigenous Education Foundation. 2011. Archived from the original on 3 September 2011. Retrieved 7 September 2011.
  62. ^ a b Gosch, Elizabeth (21 September 2007). "Billionaire gives $80M to underprivileged kids". The Australian. Archived from the original on 31 May 2012. Retrieved 11 December 2011.
  63. ^ "WIN News on GenerationOne and Andrew Forrest". Generation One. 4 May 2010. Archived from the original on 21 December 2021.
  64. ^ "James Packer joins Andrew Forrest to ease plight of jobless". The Sunday Telegraph. Australia. 21 February 2010. Archived from the original on 17 March 2012. Retrieved 11 December 2011.
  65. ^ a b "Andrew Forrest Yakety Yak interview". The Centre for Social Impact. 27 May 2011. Archived from the original on 6 April 2012.
  66. ^ a b "End Indigenous disadvantage with jobs: Andrew Forrest". Campus Daily. 20 June 2011. Archived from the original on 6 April 2012.
  67. ^ Warne-Smith, Drew (19 March 2009). "Andrew 'Twiggy' Forrest urges big business to hire indigenous Australians". The Australian. Archived from the original on 9 April 2011. Retrieved 11 December 2011.
  68. ^ "PM backs Forrest's aboriginal job plan". WA Today. 4 August 2008. Archived from the original on 10 August 2008. Retrieved 21 March 2009.
  69. ^ "Screams in the night spur magnate into action". The Sydney Morning Herald. 4 October 2008. Retrieved 6 December 2011.
  70. ^ Jordan, Kirrily; Mavec, Dante (6 August 2015). "Corporate initiatives in Indigenous employment: The Australian Employment Covenant two years on". Apo. Australian Policy Online. Archived from the original on 19 August 2017. Retrieved 6 August 2015.
  71. ^ "Iron and Dust". Four Corners. ABC TV. 18 July 2011. Archived from the original (transcript) on 27 November 2011. Retrieved 11 December 2011.
  72. ^ Jones, Lloyd (18 April 2011). "FMG's Andrew Forrest faces human rights complaint". PerthNow. Archived from the original on 17 June 2015. Retrieved 11 December 2011.
  73. ^ "FMG's Great Native Title Swindle". Vimeo. Archived from the original (streaming audio) on 11 April 2011.
  74. ^ Herbert, Bronwyn (24 December 2012). "Fortescue accused of rigging land rights deal". 7.30. ABC TV. Archived from the original on 6 May 2017. Retrieved 23 June 2017.
  75. ^ Waters, Jeff (18 August 2011). "Indigenous trainees left to sleep rough". PM. Australia: ABC Radio. Archived from the original on 30 October 2016. Retrieved 23 June 2017.
  76. ^ "Forrest to review Indigenous employment training programs". NITV News. 8 October 2013. Archived from the original on 19 August 2016. Retrieved 30 October 2017.
  77. ^ "Indigenous Jobs and Training Review". pmc.gov.au. 23 March 2016. Archived from the original on 1 November 2017. Retrieved 30 October 2017.
  78. ^ Moran, Mark; Go-Sam, Carroll (15 November 2015). "Healthy Welfare Card begins here ... where next?". The Conversation. Archived from the original on 7 December 2015. Retrieved 30 October 2017.
  79. ^ a b Miller, Nick (18 March 2014). "Andrew Forrest's dream to stop all slavery". The Sydney Morning Herald. Archived from the original on 20 March 2014. Retrieved 19 March 2014.
  80. ^ a b Milman, Oliver (18 March 2014). "Andrew Forrest signs up religious forces to fight slavery and trafficking". The Guardian. Australia.
  81. ^ a b "Australian Grace Forrest inspires Pope Francis and other world religious leaders to sign pledge to eradicate slavery by 2020". Archived from the original on 14 December 2014. Retrieved 3 December 2014.
  82. ^ "Walk Free | the Minderoo Foundation". Archived from the original on 17 February 2014. Retrieved 16 February 2014.
  83. ^ "The Index | Global Slavery Index". Archived from the original on 22 February 2014. Retrieved 16 February 2014.
  84. ^ "Andrew Forrest strikes cheap coal deal to end Pakistan slavery". The Australian. 23 January 2014.
  85. ^ "Pope and Welby joined by imams and rabbis for anti-slavery declaration". The Guardian. 2 December 2014. Retrieved 24 December 2020.
  86. ^ "Forrest library unrelieved". The Haleian. 21 (2): 8–9. November 2009. Archived from the original on 18 January 2012.
  87. ^ "Andrew Forrest talks homelessness today". CEO Sleep Out. Archived from the original on 6 February 2012.
  88. ^ a b Weber, David (15 May 2008). "Fortescue Metals loads first iron ore shipment". PM (ABC Radio). Australian Broadcasting Corporation. Archived from the original on 19 November 2022. Retrieved 11 April 2024.
  89. ^ a b "Forrest to donate $65m for WA education". The West Australian. Yahoo7. 14 October 2013. Archived from the original on 16 October 2013. Retrieved 14 October 2013.
  90. ^ "Forrest Research Foundation Scholarships attract world's best minds" (Press release). The University of Western Australia. Archived from the original on 18 March 2017. Retrieved 23 February 2017.
  91. ^ "The Foundation: The Forrest Research Foundation". forrestresearch.org.au. Archived from the original on 16 March 2018. Retrieved 23 February 2017.
  92. ^ "Australian business giant Andrew Forrest to unveil biggest charitable donation in Australian history". News.com.au. 22 May 2017. Archived from the original on 4 March 2020. Retrieved 21 May 2019.
  93. ^ Michael, Luke (7 May 2019). "Forrests set Australian donation record… again". Pro Bono Australia. Archived from the original on 12 May 2019. Retrieved 22 May 2019.
  94. ^ Thompson, Brad (11 September 2020). "Nicola Forrest, the woman with $20b to give away". Australian Financial Review. Archived from the original on 2 December 2023. Retrieved 11 April 2024.
  95. ^ The Undercover Billionaire | Nicola Forrest, ABC News, 25 April 2022, archived from the original on 3 December 2022, retrieved 3 December 2022
  96. ^ Clarke, Jenna (1 July 2017). "Andrew Forrest donated his daughter Sophia's inheritance and she couldn't be happier". The Sydney Morning Herald. Archived from the original on 27 February 2018. Retrieved 24 March 2018.
  97. ^ "Andrew Twiggy Forrest and Nicola Forrest separation: Mining couple announce split". Archived from the original on 12 July 2023. Retrieved 12 July 2023.
  98. ^ Ireland, Olivia (12 July 2023). "Billionaire Andrew Forrest and wife Nicola split after 31 years". The Sydney Morning Herald. Retrieved 12 July 2023.
  99. ^ "Twiggy Forrest's explorer superyacht spotted in Sydney Harbour". Boss Hunting. 4 November 2020. Archived from the original on 4 November 2020. Retrieved 5 November 2020.
  100. ^ Garvey, Paul (1 March 2023). "Andrew Forrest's Pangaea Ocean Explorer expeditions to be partly funded by taxpayers". The Australian. Retrieved 3 March 2023.
  101. ^ Pownall, Angela (18 December 2015). "Forrest buys Cott mansion for $16m". The West Australian. Archived from the original on 11 January 2023. Retrieved 11 January 2023.
  102. ^ Pownall, Angela (19 May 2017). "'Twiggy' looks to expand Cottesloe icon". PerthNow. Archived from the original on 11 January 2023. Retrieved 11 January 2023.
  103. ^ Macdonald, Kim (22 June 2019). "Inside Twiggy Forrest's amazing new beachhouse compound". The West Australian. Archived from the original on 11 January 2023. Retrieved 11 January 2023.
  104. ^ Dietsch, Jake (2 September 2022). "REVEALED: Billionaire buys historic Cottesloe mansion". PerthNow. Archived from the original on 11 January 2023. Retrieved 11 January 2023.
  105. ^ "2011 Australia's 40 Richest". Forbes Asia. 2 February 2011. Archived from the original on 10 February 2011. Retrieved 8 February 2011.
  106. ^ Stensholt, John, ed. (23 May 2012). "The list - BRW Rich 200 2012". Financial Review. Australia. Archived from the original on 4 August 2016. Retrieved 9 June 2016.
  107. ^ "2012 Australia's 40 Richest". Forbes Asia. 1 February 2012. Archived from the original on 14 June 2012. Retrieved 3 June 2012.
  108. ^ Stensholt, John, ed. (May 2013). "BRW Rich 200 List 2013". Financial Review. Australia. Archived from the original on 30 June 2016. Retrieved 9 June 2016.
  109. ^ "Gina Rinehart tops Forbes' Australian rich list". The Australian. AAP. 31 January 2013. Archived from the original on 3 February 2013. Retrieved 9 June 2015.
  110. ^ "2013 Australia's 50 Richest". Forbes Asia. 1 February 2013. Archived from the original on 10 June 2015. Retrieved 23 May 2013.
  111. ^ Stensholt, John, ed. (27 June 2014). "BRW Rich 200 List 2014". Financial Review. Australia. Archived from the original on 30 June 2016. Retrieved 9 June 2016.
  112. ^ Rollason, Adam (30 January 2014). "Rinehart on top, Palmer down on Forbes rich list". Financial Review. Australia. Archived from the original on 15 June 2015. Retrieved 9 June 2015.
  113. ^ "2014 Australia's 50 Richest". Forbes Asia. January 2014. Archived from the original on 10 June 2015. Retrieved 30 June 2014.
  114. ^ Stensholt, John, ed. (May 2015). "BRW Rich 200 List 2015". Financial Review. Australia. Archived from the original on 10 April 2016. Retrieved 9 June 2016.
  115. ^ "2015 Australia's 50 Richest". Forbes Asia. March 2015. Archived from the original on 10 June 2015. Retrieved 10 June 2015.
  116. ^ Stensholt, John, ed. (27 May 2016). "BRW Rich 200 list 2016". Financial Review. Australia. Archived from the original on 10 June 2016. Retrieved 9 June 2016.
  117. ^ "BRW Rich 200 List 2017". Archived from the original on 6 August 2018. Retrieved 8 August 2018.
  118. ^ a b "2017 Australia's 50 Richest". Archived from the original on 10 June 2015. Retrieved 8 August 2018.
  119. ^ "AFR Rich List 2018". Archived from the original on 12 July 2018. Retrieved 8 August 2018.
  120. ^ Bailey, Michael (30 May 2019). "Australia's 200 richest people revealed". The Australian Financial Review. Nine Publishing. Archived from the original on 3 September 2019. Retrieved 31 May 2019.
  121. ^ "2019 Australia's 50 Richest". Forbes Asia. January 2019. Archived from the original on 10 June 2015. Retrieved 28 September 2019.
  122. ^ Bailey, Michael; Sprague, Julie-anne (30 October 2020). "The full list: Australia's wealthiest 200 revealed". The Australian Financial Review. Nine Publishing. Archived from the original on 30 October 2020. Retrieved 31 October 2020.
[edit]
Wikiquote has quotations related to Andrew Forrest.
External videos
video icon ‘Twiggy’ Forrest and Cherie Blaire call for tougher modern slavery laws, Matter of Fact with Stan Grant, ABC News
Retrieved from "https://wiki.riteme.site/w/index.php?title=Andrew_Forrest&oldid=1255957529#Other_philanthropic_interests"