Australian billionaire Andrew ‘Twiggy’ Forrest and his wife Nicola have donated close to $5 billion to their own charity, the Minderoo Foundation.
Dr Forrest said the huge new funding injection would go towards expanding these existing work streams, rather than broadening Minderoo’s activities into new areas.Advertisement
Dr Forrest said the scale-up at Minderoo would not draw him away from his present primary focus, which was on Fortescue Metals Group and its green energy offshoot Fortescue Future Industries.becoming Fortescue’s executive chairman The latest transfer of shares was part of the couple’s 2013 commitment to give away the majority of their material wealth, their joint statement said.“Accumulating wealth should only be a small part of a person. Their contribution to their family and society is way more important. Other skills such as carpentry, farming, the arts, working in construction, or for government are equally as important,” the billionaire said.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Forrest reveals plan to turn Formula 1 firm into global battery playerThe mining magnate is rapidly expanding and overhauling Oxford-based WAE, which Fortescue bought last year, as part of its green-energy drive.
Read more »
Biden’s IRA would survive a 2024 election defeat, Forrest saysMost Republicans except Donald Trump would stick with the $540 billion green splurge, Andrew Forrest predicts. But he doesn’t see Trump becoming president.
Read more »
Andrew Tate is charged with rape and human trafficking in RomaniaAndrew Tate and his brother have been charged with rape, human trafficking and forming a criminal gang to exploit women, prosecutors in Romania said. 9News
Read more »
Andrew Tate is charged with rape and human trafficking in RomaniaAndrew Tate and his brother have been charged with rape, human trafficking and forming a criminal gang to exploit women, prosecutors in Romania said. 9News
Read more »
Romanian prosecutors send Andrew Tate to trial for human traffickingRomanian prosecutors have sent divisive internet personality Andrew Tate, his brother Tristan and two other suspects to trial on charges of human trafficking, rape and forming a criminal gang to sexually exploit women.
Read more »
Controversial influencer Andrew Tate to face trial on human trafficking chargesAndrew Tate, his brother and two other suspects will be sent to trial in Romania on charges of human trafficking and rape.
Read more »