Andrew Forrest has gone from Australia’s richest man to its eighth, after his split with wife Nicola and donations to the family charitable foundation reduced his paper wealth by 60 per cent within a month.
Nicola Forrest has entered the Rich List for the first time ranked eighth overall, and third-richest woman, with a $14.6 billion fortune. Her estranged husband is 10th with $13.5 billion.
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Michael Bailey writes on arts and culture, and edits Weekend Fin. He is a former editor of the Financial Review Rich List. He is based in Sydney. Connect with Michael on Twitter. Email Michael at m.bailey@nine.com.au
