The Minderoo Foundation, headquartered in Western Australia, is pumping $10 million into screen production through a new subsidiary, Minderoo Pictures, which will be run by policy expert and recent producer Richard Harris.
Minderoo calls itself ‘Asia-Pacific’s largest philanthropic organisation’, and is the Forrest family’s social impact trust. Andrew Forrest is the second richest Australian, according to the 2021 rich list compiled by the Australian Financial Review, with an estimated net worth of more than $27.5 billion, derived mostly from the Fortescue Metals Group.
