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CAPITAL MARKETS

Falling shares hit executive wealth

FORTESCUE Metals Group chief executive officer Andrew “Twiggy” Forrest may have lost part of his fortune in the global financial crisis, but he is still a very wealthy man, coming in at second on the 2009 <i>BRW</i> Executive Rich List.

Kristie Batten
Falling shares hit executive wealth

While Twiggy has been knocked off the top spot by News Corporation chairman Rupert Murdoch, he still has $A2.37 billion in shares. Westfield founder Frank Lowy rounded out the top three, with share wealth...

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