CAPITAL MARKETS

Twiggy's wealth evaporating in financial crisis

A DROP in Fortescue Metals Group’s share price over the past year has seen chief executive officer Andrew Forrest’s fortune drop, causing him to slide more than 200 places on <i>Forbes Magazine’s</i> annual rich list.

Kristie Batten
Twiggy's wealth evaporating in financial crisis

Forrest was ranked 145th last year but FMG’s share price has been falling since hitting its peak of $A13.15 in June and today was trading at $2.43. Twiggy is now ranked 376th, along with another Perth-based...

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