
Andrew Forrest
$17167.0B
Perth, , Australia
Biography
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.
Investing in sustainable energy projects, he's now focused on repositioning the company into a green energy powerhouse to produce steel in Australia.
Fortescue Mining has a subsidiary, Fortescue Future Industries, which is exploring sustainable energy sources, including hydrogen.
He now also has farming interests to capitalize on China's growing appetite for meat and dairy products.
Financial Assets
Atlas Iron Ltd
:Shares: 0
Emyria
ASX: EMD-AUShares: 20,000,000
Fortescue Metals Group, Australia
ASX: FMG-AUShares: 1,131,365,000
Invex Therapeutics
ASX: IXC-AUShares: 8,846,000
Mincor Resources
ASX: MCR-AUShares: 64,483,000
Noront Resources
TSX VENTURE: NOT-CAShares: 111,870,000
Poseidon Nickel
ASX: POS-AUShares: 357,378,000
Queens Road Capital
:Shares: 71,263,000
Swoop Holdings
ASX: SWP-AUShares: 33,400,000
Vimy Resources
ASX: VMY-AUShares: 52,550,000
Western Areas
ASX: WSA-AUShares: 16,980,000