
Andrew Forrest & family
$16.5B
$10.6M (0.1%)
as of 02/07/25
About Andrew Forrest & family
Andrew Forrest founded Fortescue Metals Group in 2003. It's an iron ore giant which is now transforming itself into a green energy powerhouse.
Forrest chairs his Minderoo Foundation, a philanthropic outfit with an A$9.6 billion endowment, focussed on everything from gender equality to climate change to rebuilding Ukraine.
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 announced their separation in July 2023 after being married for more than three decades.
Personal stats
Citizenship
AustraliaSource of wealth
MiningResidence
Perth, AustraliaMarital status
SeparatedBirth date
11/18/61 (age 63)Number of children
3Education
Bachelor of Arts/Science, University of Western Australia; Ph.D, University of Western AustraliaSelf-made
self-madeAndrew Forrest & family’s fortune is worth

275K
troy ounces of gold

254K
median U.S. household

165K
median U.S. income

0.33%
U.S. credit card volume

0.066%
GDP of the United States

0.049%
United States debt
Net worth history
Annual ranking
Did you know?
In September 2024, he struck a $2.8 billion deal to buy hundreds of electric trucks, excavators and dozers for his iron ore mines.
Net worth over time
Real-time ranking
Financial assets
ASX | ASB-AU
AustalASX | AAC-AU
Australian Agricultural Co. Ltd.ASX | BGA-AU
Bega CheeseASX | EMD-AU
EmyriaASX | FMG-AU
Fortescue Metals Group, AustraliaASX | IXC-AU
Invex TherapeuticsTORONTO | QRC-CA
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