Trade Fortescue Metals Group

John Andrew Henry Forrest (born July 5, 1961), aka Twiggy, is an Australian businessman. He is known as a former CEO (and current non-executive chairman) of Fortescue Metals Group (FMG), and has other interests in the mining industry and livestock plants. With a planned net worth of A$23.00 billion according to rich's 2020 financial review list, Forrest was ranked the second richest Australian. According to the Financial Review, Forrest was the richest person in Australia in 2008. Forbes magazine rated Forrest's net worth at $4.30 billion on the 2019 list of Australia's 50 richest people. In 2013, Andrew and Nicola Forrest, his wife, were the first Australians to pledge the majority of their wealth to charity in their lives. He had earlier resigned as CEO of Fortescue Metals in 2011. Much of forrest's philanthropy has been done through either the Mindero Foundation (with a focus on education and Indigenous Australians) or the Free Walking Foundation (with a focus on ending modern slavery), both of which he founded. Forrest was accused of avoiding corporate tax payments, after he revealed in 2011 that Fortescue had never paid company tax.