The bifurcation of the $28 billion Forrest family fortune, revealed last week by my colleagues Peter Ker and Brad Thompson, had the tragic effect of dethroning Fortescue’s executive chairmanAndrew Forrest from atop the Financial Review Rich Bosses list. As far as exalted honours go, losing this one will leave an ugly rectangle of unfaded paint on the pool room wall at Cottesloe beside Twiggy’s knighthood of the Gabonese Republic and his key to Windsor Castle.
Forrest has been abruptly supplanted as Australia’s richest boss by WiseTech co-founder Richard White.
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Joe Aston is the founder of Rampart and the best-selling author of The Chairman’s Lounge: The inside story of how Qantas sold us out. From 2012 to 2023, Joe helmed The Australian Financial Review’s Rear Window column. Email Joe at hello@rampart.news
