Andrew Forrest was bornon 1961 in Perth, Australia, Australia. Andrew Forrest is #466 in List Billionaires People In The World. Forrest started his first mining company, Anaconda Nickel (now called Minara Resources) in 1994. Nine years later, he founded Fortescue Metals Group, which mines and ships iron ore to China. Once Australia's richest man, his net worth peaked at $12.7 billion in June 2008 when Fortescue shares hit an all-time high. He now also has farming interests to capitalize on China's growing appetite for meat and dairy products.
You cannot afford a world with slavery, which literally takes someone and turns them into a machine.
We, the undersigned, are gathered here today for a historic initiative to inspire spiritual and practical action by all global faiths and people of goodwill everywhere to eradicate modern slavery across the world by 2020 and for all time
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
Meanwhile in 2016, according to Forbes Asia, Forrest's wealth was assessed at US$1
Forrest acquired both Brick House Station and Minilya Station in 2015 for an estimated A$10 million, bringing his total pastoral holdings now to over 10,000 square kilometres (3,861 sq mi)
Andrew and Grace Forrest took part in a meeting held in 2014 in the Vatican
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"
FMG appealed against the decision, and in October 2012, the High Court found in favour of FMG and Forrest, reversing the decision of the full bench of the Federal Court and agreeing with the original 2009 decision by Justice Gilmour
In June 2011, Allied Medical, of which Forrest owns 46%, was acquired by BioMD for over $20 million
" Forrest established the Walk Free Foundation in 2010 to fight modern slavery
After buying back the family property, Minderoo Station in 2009 Forrest acquired the adjoining properties, Nanutarra and Uaroo Stations in 2014
Between 2008 and 2011, he obtained 253 business signatories to his covenant
As of September 2007, Forrest had injected A$90 million into his children's charity
In 2003, he took control of Allied Mining and Processing and renamed it Fortescue Metals Group
The foundation has given A$270 million through the foundation since 2001
Minderoo was owned by the Forrest family until it was sold in 1998 by his father due to relentless drought and debt, but it was bought back by Forrest in 2009
John Andrew Henry Forrest AO (born 1961), nicknamed Twiggy, is an Australian businessman and philanthropist
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