Rank #532
Kerry Stokes
Net worth $7.3B
Construction equipment, media · Australia
- Born
- Sep 13, 1940
- Age
- 85
- Source
- Construction equipment, media
- Residence
- Perth
- Citizenship
- Australia
- Marital status
- Married
- Children
- 4
- Education
Net worth over time
Biography
- Kerry Stokes took a winding path en route to earning a fortune with his SGH (formerly Seven Group Holdings), which has media, construction and mining assets.
- He started his career selling Caterpillar tractors and trucks in Australia and eventually China, before moving into media with Seven Group.
- In 2021 he retired as chairman of Seven Group Holdings.
- In 2024, SGH acquired ASX-listed concrete and asphalt maker Boral for A$4.4 billion.
- His son Ryan Stokes is the CEO and managing director of SGH.
- Early in his life his mother gave him up for adoption, and he later dropped out of school at age 14.
- Stokes employs a team of people to manage his vast collection of paintings, sculptures and historic artifacts, many of which are on loan to art galleries worldwide.
Financial assets
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