Tech rally, iron ore, crypto buoy Rich List fortunes

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But there was one iron ore baron whose fortune fell. Andrew Forrest, who split from his wife Nicola, has seen his wealth shrink by the greatest degree among his billionaire peers as his total assets nearly halved. Dr Forrest topped the list of the greatest falls in fortune, from $31.4 billion at the end of 2022 to $16.7 billion at the end of 2023. Asked about the change, Dr Forrest pointed to his philanthropic plans. “While we both live well, each of us were and are only trustees of our wealth for others, through philanthropy,” Dr Forrest told The Australian...