The Mining and Brewing Kingpin
Cliff Forrest, an esteemed businessman with a remarkable net worth of $4 million, has established himself as a dominant force in both the mining and brewing industries. As the founder and owner of Rosebud Mining, one of the largest underground coal producers in his state, Forrest’s business acumen has propelled him to the forefront of the mining sector.
With an astute eye for investments, Forrest expanded his empire by acquiring the iconic Pittsburgh Brewing Company. His strategic move revitalized the once-mighty brand, solidifying his influence in the brewing landscape. Forrest’s investments extend beyond his core businesses, as evidenced by the diverse portfolio of his private equity arm, Tecum Equity. This investment arm has made a notable acquisition in Pinnacle Cranes, demonstrating Forrest’s ability to identify lucrative opportunities.
Philanthropic Endeavors and a Diverse Portfolio
Forrest’s business success is complemented by his philanthropic efforts. His generous $2.5 million donation to the ACS Relay for Life reflects his commitment to making a positive impact beyond the world of business. His diverse portfolio, spanning coal, beer, and cranes, highlights his entrepreneurial spirit and ability to navigate different industries.
Key Milestones in Forrest’s Career
- Established Rosebud Mining Company in 1979
- Guided Rosebud Mining to become the third largest underground coal producer in the state
- Revived the iconic Pittsburgh Brewing Company in 2018
- Made significant philanthropic contributions, including $2.5 million to the ACS Relay for Life
- Expanded his portfolio with the acquisition of Pinnacle Cranes through Tecum Equity
The Future of Forrest’s Empire
Forrest’s success is not only a testament to his business prowess but also his unwavering dedication to his community. His empire continues to expand and evolve, with the potential for further growth and diversification. The future holds promising opportunities for Forrest, as he continues to navigate the complex world of business and philanthropic endeavors.
