welcome
Telegraph

Telegraph

World

World

Democracy’s billionaire warriors sense defeat in Ukraine

Telegraph
Summary
Nutrition label

69% Informative

Andrew ' Twiggy ' Forrest is Australia ’s second -richest man with a fortune estimated at $20bn (15bn) Forrest is one of the few major business figures to pledge to provide meaningful financial support to help Ukraine .

The $ 500 m commitment quickly became the bedrock for a global fund described as Ukraine ’s “ Marshall Plan” Forrest said he would not be part of any peace deal that had been “reduced to a business transaction”.

Forrest 's reluctance to back a peace deal which is unsustainable’ lays down the gauntlet to others that joined his crusade.

The tycoon took a dim view of the minerals pact that Trump has drawn up as a way for Ukraine to repay America for the vast military aid it has provided.