News Articles for Andrew Forrest

The recent publication of two listings of influential business leaders provided food for thought about the growing international influence on Western Australia.

Nicola Forrest has been elected to the board of directors of the Black Swan State Theatre Company.

Andrew Forrest has purchased a further 2 million shares in Fortescue Metals Group at a cost of $10.99 million, further cementing his position as the biggest wealth creator in Western Australia.

Property executives were the big movers in this year's Wealth Creators list, while the resources slowdown put the hurt on mining services directors' fortunes.

Followers of Fortescue Metals Group and its mercurial chairman, Andrew Forrest, have been on a roller-coaster ride during the past five years; but if the current bout of optimism is well-founded, FMG could be heading back to its record price of $12 a share reached in 2008, and Mr Forrest heading for a $12 billion fortune.

The state's first indigenous cultures museum is set to be up and running by 2017 with the help of $50 million from the University of Western Australia's New Century Campaign.

It's hard to imagine anyone being unhappy with Andrew and Nicola Forrest's remarkably generous $65 million donation to establish a system of educational scholarships to rival that created by Cecil Rhodes more than 100 years ago.

Mining billionaire Andrew Forrest has further enhanced his credentials as one of the nation's leading philanthropists with a pledge of $65 million to Western Australia's universities.

Andrew Forrest's philanthropic efforts are as restless as the iron ore magnate himself. Recent changes appear to be part of a restructuring of his various private and charitable interests under the new brand of Minderoo.

Poseidon Nickel has announced Bud Scruggs as its new chairman to replace the departing Andrew Forrest.

Healthcare technology company Allied Healthcare Group will seek to raise $10 million as it looks to launch its CardioCel regenerative tissue patch in Europe.

Indigenous business is thriving and growing in the north-west, but it was not an overnight success.

Fortescue Metals Group has vowed to focus on reducing its debt by 30 or 40 per cent following the official completion of its $US2.4 billion port expansion at Port Hedland.

Great artists of the 20th and 21st centuries feature in the third exhibition to come from New York's Museum of Modern Art.

Andrew Forrest has been appointed as chair of the Art Gallery of Western Australia Foundation council.

I have often wondered aloud, and in writing, if billionaire mining magnate Andrew Forrest's next career might be in politics.

Andrew Forrest rarely steps into the footsteps of others.

THE near certainty of a Coalition government being elected in September, and the single-handed control of state leader Colin Barnett, have reshaped Western Australia's 2013 Most Influential list –

HOW does the managing director of an aspiring nickel miner remain positive amid weakening commodities prices and an equities market in decline?

Poseidon Nickel says its historic Windarra nickel mine will cost $197 million to re-start, with a feasibility study flagging a 10-year mine life and first production in 2014.

One of Western Australia's most prolific residential builders, Dale Alcock, is the latest high-profile CEO to help tackle the issue of homelessness by committing to the St Vincent de Paul Society's

The leaders of some of WA's top private businesses say overregulation is stifling the development of an entrepreneurial culture in Australia.

SCULPTURE by the Sea has opened for its ninth year at Cottesloe Beach this week, and for the first time visitors will be asked to donate a gold coin to keep the free event viable.

Northern Star Resources' Bill Beament is this year's 40under40 First Amongst Equals, heading off strong competition from the three other finalists -Julie Shuttleworth, Steve Gostlow, and Phil Britten.

Most annual shareholder meetings are fairly pointless, but two held last week showed they can still deliver value.

AS careers go, the journey from corporate lawyer and political staffer to heading a new foundation focused on ending what is called ‘modern slavery' is clearly an uncommon one.

IT has been a big week of‘giving' by Australian directors, with former WorleyParsons CEO John Grill giving $20 million to the University of Sydney and revelations that Rams Home Loans founder John

The value of shares held by some of the biggest names in mining have slumped along with the companies they lead, but there are pockets of good news in what has been a tough year on the markets.

A fresh capital raising and further asset sales are believed to be among the options being evaluated by iron ore miner Fortescue Metals Group, which has halted trade in its shares as negotiations c

Indigenous businesses are building capacity through joint ventures and are growing on the back of multi-billion dollar contracts from big mining companies.

Anti-slavery move

The nature of doing business with China is changing as our economies become more enmeshed.

Twenty years on from the first recognition of native title in Australia, land-use agreement negotiations and the management of benefits has evolved significantly.

Fortescue Metals Group chairman Andrew Forrest has purchased another $43 million worth of shares in the iron ore miner, taking his total spend on FMG stock this week over $100 million.

Fortescue Metals Group non-executive chairman Andrew Forrest has bought 12.7 million shares on-market at a cost of $62 million, bringing his stake in the WA iron ore miner to 995 million shares cur

Fortescue Metals Group chairman Andrew Forrest has increased his stake in the iron ore miner to just over 32 per cent, contrary to market speculation he was set to tip nearly $300 million into the