About a third of the employees at Andrew and Nicola Forrest’s Minderoo charity will lose their jobs as chief executive John Hartman looks to spend less of its more than $10 billion bounty on administration.
The divorce may be every bit as painful,but things are different when billionaire marriages go bust.
Billionaire Andrew Forrest and his wife,Nicola,have effectively created their own Future Fund.
The billionaire is back in court trying to safeguard his prized family cattle station. It’s one of several disputes the mining magnate has spearheaded via his private companies to stop exploration around the Pilbara station.
There has been a shake-up in the empire of Australia’s richest man with Andrew Hagger surprisingly stepping away from leading its multi-billion dollar investment and philanthropy arms.
Deep-sea researchers used yabby traps and a $100,000 hook to catch sad-looking snailfish which started to melt after leaving the icy-cold depths of their home.
A new global tool aims to help governments tackle the leakage of plastic into the sea,taking regularly updated satellite vision to create a high-resolution map.
The latest purchase was for the Cape Lodge Hotel in the state’s Margaret River region for $9.25 million off fellow WA rich-listers Peter and Joelle Larsen.
The foray into the industry comes a few months after fellow iron ore magnate Gina Rinehart put $15 million behind the European expansion of another medical cannabis player,Little Green Pharma.
With initial backing of $10 million,the venture has lined up its first four projects including one by an Oscar-winning American director.
Onslow Resources has lost a licence in the WA Warden’s Court which had allowed it to use a 300-metre access track across Minderoo Station to get to a sand mining site in the Ashburton River.