Bramblethorn
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- Feb 16, 2012
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https://www.abc.net.au/news/2020-01-09/andrew-forrest-pledges-$70m-donation-to-fire-relief/11854654
Funny thing... of that $70m, $20m is actually going to bushfire victims and to administering unpaid volunteer work.
The other $50m is going to his own charity foundation (Minderoo) to fund "a "national blueprint" for fire and disaster resilience to develop new approaches to mitigate the threat of bushfires, with a focus on climate change".
Call me cynical, but that part sounds more like an investment in damage control than genuine philanthropy. You can bet whatever conclusions Minderoo delivers aren't going to run contrary to his mining and agricultural investments.
If he really just wanted to support bushfire and/or climate research, there are organisations that already do that and could make good use of the money. No need to set up a new one.
(Forrest is worth about $7 billion, so this is something he can pretty easily afford.)