Andrew Forrest & family

Andrew Forrest & family (#141)

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

$ 20 B
Mining
Australia
M
64 Years

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

Career Highlights

A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Andrew Forrest & family’s rise and global influence.

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

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.

Current Net Worth: $19.6B (May 4, 2026)