Business
Fortescue becomes a billionaires’ factory – The Australian Financial Review
It’s not just Andrew ‘Twiggy’ Forrest getting rich from a dream run by the iron ore powerhouse.
As former chief executive Nev Power busily works on helping Prime Minister Scott Morrison revive the nation’s economy as head of the National COVID-19 Commission, a parcel of Fortescue shares has been building his wealth.
When Mr Power left the miner in February 2018, he was sitting on a holding that would have been worth about $54 million on Monday. Mr Power did not retain the entire holding, but has kept “a few” and is enjoying watching the company’s success.
Current chief executive Elizabet…
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