Portrait of Kerry Stokes

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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