Andrew Forrest took on Rio Tinto and BHP in iron ore and now he is taking aim at Mastercard, Visa and Amex.
The mining magnate is branching out into financial services through his family’s increasingly diverse private holding company Tattarang, which now controls a $17 billion investment portfolio including a 36 per cent stake in Fortescue Metals Group.
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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com
