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Showing 1 - 10 of 60 results for "Forrest"

First trillionaire to emerge in next decade: Report

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2024
... become the first trillionaire within the next decade, the report said. In Australia, the wealth of Gina Rinehart, Andrew Forrest, and Harry Triguboff has more than doubled since 2020, with each gaining about $1.5 million per hour. The total wealth of ...

Marriage splits for Australia's richest

CHLOE WALKER  |  WEDNESDAY, 26 JUL 2023
... couples called it quits, resulting in a considerable loss of individual wealth. Australia's richest couple, Andrew (Twiggy) Forrest and his wife Nicola separated after 31 years of marriage but said the decision would have no impact on their mining business. ...

Forrests boost Minderoo by $5bn

CHLOE WALKER  |  WEDNESDAY, 21 JUN 2023
Andrew and Nicola Forrest donated 220 million Fortescue Metals shares to their own philanthropic foundation, Minderoo. The bequest of nearly $5 billion - about one-fifth of their shareholding - takes the foundation's endowment to about $7.6 billion ...

Tattarang buys Australia's first Waldorf Astoria

CHLOE WALKER  |  THURSDAY, 23 FEB 2023
... alongside Lendlease and Mitsubishi Estate Asia's One Circular Quay luxury residential tower. Tattarang director Nicola Forrest said that the investment is a continuation of Tattarang's long-term strategy to invest in and support iconic Australian places ...

Market manipulator sentenced

ANDREW MCKEAN  |  WEDNESDAY, 14 DEC 2022
Benjamin Cooper has been sentenced for conspiring to manipulate the share price of Quantum Resources, now known as Nova Minerals Limited. Cooper was sentenced to 15 months imprisonment, to be released immediately after paying $6000 and undertaking a ...

Forrests invest in post-war, green Ukraine

RACHEL ALEMBAKIS  |  FRIDAY, 18 NOV 2022
... nearly $750 million to a fund dedicated to rebuilding post-war Ukraine's infrastructure with green and digital assets. Forrest and President Volodymyr Zelenskyy announced the investment by the Tattarang Group, which comes as part of the US$25 billion ...

Andrew Hagger leaves Tattarang

JAMIE WILLIAMSON  |  TUESDAY, 25 OCT 2022
... lead. "I have enjoyed such a close, trusting relationship with Andrew for the past four years, and that will continue," Forrest commented. Meanwhile, Minderoo co-chair and Tattarang director Nicola Forrest said: "Andrew has my utmost respect, and I am ...

Tattarang invests in future of Australian healthcare

CHLOE WALKER  |  THURSDAY, 18 AUG 2022
Andrew and Nicola Forrest's Tattarang has backed new biotech venture capital group Tenmile to the tune of $250 million. The company will focus on supporting founders and companies building new, impactful health techbology and biotech solutions. Already ...

Forrest family hires former ART portfolio manager

ELIZABETH FRY  |  FRIDAY, 8 JUL 2022
... former ART portfolio manager will report to John Hartman, the chief investment officer of Minderoo and Tattarang, the Forrest family office and one of the country's largest private investors. Tomlinson is the first dedicated investment hire for the ...

Volatile crypto markets need better regulation: CHOICE

ANDREW MCKEAN  |  TUESDAY, 31 MAY 2022
... as businessman Dick Smith, media personality David Koch and former NSW premier Mike Baird. In an unusual step, Andrew Forrest has also brought criminal charges forward as a private citizen against Facebook. Forrest accused the tech giant of breaching ...
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