- Andrew Forrest
Infobox Celebrity
name = Andrew John Forrest
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birth_place = Perth,Australia
death_date =
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occupation =Chairman andCEO ,Fortescue Metals Group
spouse =
website =
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networth = AU$12.88 billion [ [http://www.news.com.au/business/story/0,10166,23919306-462,00.html?from=public_rss Fortescue's Andrew Forrest even richer] By Felicity WilliamsJune 25, 2008 03:48am]Andrew Forrest (born 1961) also known by his nickname Twiggy, is a
Western Australian mining entrepreneur, currentlyChief executive officer and the major shareholder ofFortescue Metals Group (FMG) Ltd, which is developing the Pilbara Iron Ore and Infrastructure Project. Between 28 December 2007, and 3 October, 2008, he was identified as Australia's richest man. [ [http://www.wabusinessnews.com.au/success_archive.php?eventCode=sandl*forrest WA Business news 19 August 2007] ] [ [http://business.millionface.com/2007/12/28/andrew-forrest-worth-726b-the-richest-man-of-australia-replacing-james-packer/ Business » Andrew Forrest, worth $7.26B, the richest man of Australia, replacing James Packer ] ]Career
Forrest is the youngest son of Donald and Judith Forrest. He is the great-grandnephew of former Premier
John Forrest . [Stewart, Cameron (2008) "The Accidental Billionaire" The Weekend Australian Magazine 24-25 May 2008, p23] His early years were spent as a jackeroo on the family station at Mindaroo in thePilbara ["West Australian" newspaper. 22 November 2005] [ [http://www.abc.net.au/dynasties/txt/s1489300.htm ABC Television "Dynasties"] ]Forrest graduated from
Hale School in Perth and after university embarked on a career in stockbroking starting at broking house Jacksons. In his early 30s he became the founding CEO of Anaconda Nickel (nowMinara Resources ). Although this project experienced teething problems during commissioning and attracted intense criticism, it has since grown to be one of Australia's single largest mineral exporters with its giantMurrin Murrin Joint Venture nickel project.In 2003, he took control of Allied Mining and Processing and renamed it Fortescue Metals Group. ["Herald Sun" newspaper, Melbourne] . 6 August 2005] As CEO, Fortescue grew to possess three times the tenements of its nearest rival in Western Australia's
iron ore richPilbara region. Fortescue holds major deposits at Mount Nicholas, Christmas Creek, Cloudbreak, and Tongolo.In 2007, Forrest took control of a Niagara Mining which owns tenements around
Laverton, Western Australia , the site of the famous 1969 Poseidon nickel boom. [http://www.smh.com.au/news/business/magnates-new-poseidon-adventure/2007/04/13/1175971360135.html Magnate's new Poseidon adventure - Business - Business - smh.com.au ] ]Former Prime Minister,
John Howard said of Forrest in 1999: "I've met a lot of managing directors, but I don't think I've met a more self-evidently enthusiastic and dedicated managing director than I’ve met in Andrew Forrest" [ [http://blogs.theaustralian.news.com.au/mattprice/index.php/theaustralian/comments/caught_out_in_a_dangerous_game/P320/ "Caught out in a dangerous game"] ]His grandfather,
Alexander Forrest , was the explorer who mapped the upper reaches of the Fitzroy River in 1879. [ [http://www.smh.com.au/news/national/screams-in-the-night-spur-magnate-into-action/2008/10/03/1223013791382.html Screams in the night spur magnate into action] ]Forrest is married with three children.
References
External links
* [http://www.abc.net.au/4corners/stories/s646583.htm Transcript of Four Corners interview 12 August 2002]
* [http://asx.com.au/asx/research/CompanyInfoSearchResults.jsp?searchBy=asxCode&allinfo=on&asxCode=FMG FORTESCUE METALS GROUP LTD - ASX Listed Company Information Fact Sheet]
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