Kerry Stokes Biography
John Patrick Alford was born in the Australian city of Melbourne. Marie Jean Alford was his unmarried mother. Stokes was raised in Camp Pell, a slum housing area, by Matthew and Irene Stokes. He later dropped out of school when he was 14 years old. Stokes was appointed an Officer of the Order of Australia (AO) in 1995 and a Companion of the Order of Australia (AC) in 2006 for his contributions to Australian business, strategic leadership, corporate social responsibility promotion, the arts through philanthropy, and the community, particularly those services supporting young people.
Kerry Stokes Career
Kerry Matthew Stokes AC is a businessman from Australia. He has holdings in a variety of industries, including electronic and print media, real estate, mining, and construction equipment. He is best known as the chairman of the Seven Network, one of Australia’s largest broadcast repeating corporations.
Stokes’ first reported job was installing television antennas in Perth, followed by a period of sustained property development in the 1960s and 1970s. Stokes’ private company, Australian Capital Equity (ACE), serves as a holding company for his interests in a variety of Australian and international businesses and ventures spanning property, construction, mining, and petroleum exploration.
Kerry Stokes Personal Life
Stokes has had four marriages. Dorothy “Dot” Ebert, the mother of two of his children, was his first wife. Stokes was said to be estranged from his first family in an interview with The Bulletin. His second marriage was to Denise, his receptionist, with whom he had two sons. Denise left the marriage and went abroad, leaving Stokes as a single father. In 1992, he married Australian television actress Peta Toppano for the third time. This was a three-year marriage. Christine Simpson née Parker, a newsreader for rival station Channel 10 when they first met, married him in 1996. Stokes has three grandsons.
Kerry Stokes Net Worth
Stokes’ net worth was A$7.18 billion as of May 2021, making him the thirteenth richest Australian, and he was one of ten Australians to appear on every Financial Review Rich List, or its predecessor, the BRW Rich 200, since it was first published in 1984.
According to Forbes, his net worth is expected to be around $3.4 billion in 2022.