Principals

Principal Net Worth

$20.5B

Data Flags

None - Net worth verified via Forbes (~$20B), team verified Oct 2025, 260+ staff confirmed, Giving Pledge (2013) verified

Minderoo Foundation

UnknownHigh Confidence

Last verified: Jan 17, 2026

Details

Source File: research/organizations/minderoo-foundation.md
UID: fo-minderoo-foundation

Also Known As

**The Forrest Family Foundation** - Original name before rebrand to Minderoo**Minderoo Group** - Sometimes used to refer to family office + foundation**Tattarang** - Investment arm, distinct but related**FMG Foundation** - Separate corporate foundation of Fortescue Metals**FFI** - Fortescue Future Industries (green hydrogen subsidiary)**Squadron Energy** - Renewable energy entity

Principals (4)

Andrew "Twiggy" Forrest AOFounder/PrincipalOWNS

$20.5B

Grace ForrestWalk Free Co-FounderOWNS

Sophia Forrest-OWNS

Sydney Forrest-OWNS

Related Entities (8)

Fortescue Future Industries (FFI)Subsidiary

Green hydrogen division of Fortescue

Fortescue Metals Group (FMG)Subsidiary

Source of wealth, publicly traded (ASX: FMG)

Harvest Road GroupSubsidiary

Agricultural investments

Minderoo FoundationFoundation

Family philanthropy foundation (A$9.6B endowment)

Squadron EnergySubsidiary

Private energy company (acquired CWP Renewables 2022 for ~A$4B)

TattarangSubsidiary

Private investment group (family office)

The Forrest Family FoundationFoundation

Earlier philanthropic entity (now Minderoo)

Walk FreeSubsidiary

Anti-modern slavery initiative

Known Associates (5)

Bill Gates

Cascade Investment

Co-Giving Pledge signatory, philanthropy collaboration

Marc Benioff

Ocean conservation collaboration

Ray Dalio

Bridgewater Associates

OceanX partnership potential (both focused on oceans)

Richard Branson

Virgin Group

Climate initiatives, Virgin collaboration

Warren Buffett

Berkshire Hathaway

Giving Pledge community

Relationship Strength

Loading relationships...

Sources (5)

Changelog

2025-12-27Comprehensive Current Team update with LinkedIn URLs. Restructured into three tables: Board Members (Allan Myers AC KC as new Chair, Andrew & Nicola Forrest, Tony Grist), Executive Leadership Team (John Hartman CEO, 8 Executive Directors including Holly Buschman, Penny Dakin, Rachael Davern, Jacqueline Joudo Larsen, Lenda Oshalem, Hayley Panetta, Kristen Stevenson), and Other Key Personnel. Added LinkedIn profiles for 7 team members. Updated headcount to 260+ staff (October 2025). Note: Allan Myers replaced Andrew and Nicola Forrest as Chair in October 2024; they remain as board members.
2025-12-11Updated Current Team section with detailed leadership structure including Andrew & Nicola Forrest (Co-Chairs), initiative leads (Tony Worby at Flourishing Oceans, Dr. Grace Forrest at Walk Free), and note about 200+ staff across initiatives. Clarified initiative-based structure vs. traditional corporate hierarchy.
2025-12-11Initial research file created. Andrew Forrest ($20B net worth), Australia's richest person, Giving Pledge signatory (2013). Fortescue Metals source of wealth. Major green hydrogen push via FFI. Minderoo Foundation focus areas: oceans, modern slavery, fire resilience, Indigenous communities. Family includes Nicola Forrest (co-founder) and daughters including Grace Forrest (Walk Free).