Andrew Forrest & family

Andrew Forrest & family

Andrew Forrest & family (#127)

Global Rank #127
Country Rank #3
Country Australia

You cannot afford a world with slavery, which literally takes someone and turns them into a machine.

  • $ 21 B
  • Mining
  • Australia
  • M
  • 64 Years

Snapshot

Quick Facts

Global Rank #127
Country Rank #3
Net Worth $21.2B
Previous Worth $21.2B
Worth Change +$0.0B
Country Australia
Industry Mining
Age 64 Years
Gender M
Worth As Of May 4, 2026
Residence Perth, Australia
Citizenship Australia
World Billionaires List Australia Billionaires Mining

Profile Data

Personal Stats

Age 64
Source Of Wealth Mining, Self Made
Residence Perth, Australia
Citizenship Australia
Marital Status Separated
Children 3
Education Bachelor of Arts/Science, University of Western Australia; Ph.D, University of Western Australia
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $21.2B
Current Net Worth $21.2B

Worth as of May 4, 2026

About Me

Andrew Forrest founded Fortescue Metals Group in 2003. It's an iron ore giant which is now transforming itself into a green energy powerhouse. In 2022, his privately held Squadron Energy paid an estimated A$4 billion for Australia's biggest wind energy company, CWP Renewables. Forrest has also promised to spend A$750 million on rebuilding Ukraine's energy and communications infrastructure. Forrest and his wife Nicola founded Minderoo Foundation, a philanthropic outfit with an A$9.6 billion endowment, focused on everything from gender equality to climate change to rebuilding Ukraine. Forrest and Nicola announced their separation in July 2023 after being married for more than three decades.

Achievements

Forbes List Highlights

A snapshot of the list placements and rankings connected to Andrew Forrest & family.

#128
Billionaires (2026)
#3
Australia's 50 Richest (2026)

Insights

Did You Know?

Known by his schoolboy nickname "Twiggy," Forrest was a onetime stockbroker and keen amateur boxer.

He once tried to make a living as an alpaca farmer and is a descendant of the first premier of the state of West Australia, Lord Forrest of Bunbury.

Australia's biggest philanthropists, in 2023 he and wife Nicola gifted shares worth nearly A$5 billion to their foundation.

In September 2024, he struck a $2.8 billion deal to buy hundreds of electric trucks, excavators and dozers for his iron ore mines.

Wealth Growth

Net Worth Growth Over Time

Tracking Andrew Forrest & family's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $21.2B (May 4, 2026)

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