Andrew Forrest isn't right up there with Warren Buffett at the pinnacle of world-class, hard-to-imagine, incredible wealth. But he's a lot closer to those dizzying heights than most of us.
Forrest has been described as a "quintessential Aussie bloke, just as happy to say g'day to the garbage man as the prime minister." He also happens to be the richest person in Australia.
Forrest, who goes by the wonderful nickname 'Twiggy', has a fortune of about $8 billion, built not in lumber, but in mining.
Forrest's company, Fortescue Metals, used to be a penny stock. Now it calls itself "the new force in iron ore," a commodity that's in big demand in China and other fast-growing economies.
There's no indication Forrest is consciously following in Buffett's footsteps, but he does plan to give it all away before he dies. And his distaste for wealth and what comes along with it, sounds a lot like something you'd hear around Omaha.
According to The Australian newspaper, Forrest recently told reporters:
"I don't aspire to great wealth and I don't admire it and I don't intend to leave this earth as a rich man. I intend to give it away... I have a philosophy (about wealth) and that is that it doesn't do much for you. I know very wealthy people who have survived and become good guys despite their wealth but I also know many others around the world who haven't."
He hasn't said who's getting the money, although he has been active in Aboriginal causes, including a recent plan to help the private sector create 50,000 jobs for the country's original inhabitants.