The Fin

Forrest empire split: Inside the unravelling of Perth's worst-kept secret

07.26.2023 - By Australian Financial ReviewPlay

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This week in The Fin podcast, resources reporter Peter Ker on the split in the Forrest empire, how it came to light and what it means for the iron ore giant and its green energy plans.

Further reading:

Andrew and Nicola Forrest to pursue separate lives Australia’s richest couple, Andrew and Nicola Forrest, have separated but insist the strategic direction of the mining giant they control, Fortescue Metals Group, will not be affected by their decision to pursue independent lives.

Forrest split won’t destroy Fortescue, investors say Big investors in Fortescue Metals say the miner can sail through the breakdown of executive chairman Andrew Forrest’s marriage and the subsequent ownership reshuffle that has given Nicola Forrest control of the single biggest Fortescue stake.

Anonymous Nic emerges from the Forrest split Anyone who thinks Nicola will just quietly go along with whatever Andrew says and does from now is likely mistaken, even if, in regard to Fortescue, they stay on a steady course.

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