Stan Perron

Lloyd Stanley Perron AC (2 November 1922 23 November 2018[4]) was an Australian businessman and philanthropist.[5][6][7][8][9]

Stan Perron

Born
Lloyd Stanley Perron

(1922-11-02)2 November 1922
Died23 November 2018(2018-11-23) (aged 96)
OccupationProperty development; retail; mining investment
Net worth
Spouse(s)
  • first wife (dec.)[3]
  • Jean Perron
ChildrenThree

Biography

Perron left school at the age of fourteen to sell hand-carved handkerchief boxes.[5][9] He did not attend high school.[6]

He started his business career by running a fleet of taxis in Perth in 1944.[6] He then built ice-skating rinks.[5][6] In 1959, he invested £500 in the Pilbara with Lang Hancock and Peter Wright, entitling him to 15 per cent of any future royalties.[6] He later received millions in royalties from iron ore and tantalite found in Brockman 2 mine close to Tom Price, Western Australia by the Rio Tinto Group.[6][7][8] In 2012, Gina Rinehart was forced to give him tens of millions of Australian dollars as a result of a trial at the Supreme Court of Western Australia.[10][11]

With his brother Keith, Perron founded Perron Brothers, a trucking and earthmoving business, which they sold to Thiess in 1961.[5][6] He bought a Toyota franchise with David Golding.[6] He later invested in real estate along the Great Eastern Highway.[6] He owned half of the Central Park skyscraper in Perth and eight shopping centres in Australia.[6] In May 2012, he purchased fifty per cent stakes in Perth's Centro Galleria, Centro The Glen in Melbourne and Centro Colonnades in Adelaide from the Centro Properties Group.[12][13] His Perron Group is headquartered in East Perth, Western Australia.[6] He also owned SP Investments.[7]

Personal life

He was married to Jean Perron, and they had three children and seven grandchildren.[5][6] He enjoyed fishing in the ocean.[9] In 1995 Perron was appointed a Member of the Order of Australia "for service to business and commerce and to the community".[14]

Perron died aged 96 in Perth on 23 November 2018.[15] He was posthumously appointed a Companion of the Order of Australia in the 2019 Australia Day Honours in recognition for his eminent service to the community through philanthropic contributions to a range of charitable organisations, and to the commercial property sector.[16]

Personal wealth

In 2018, The Australian Financial Review assessed Perron's net worth as A$3.99 billion, listed on the Financial Review Rich List.[1] Prior to his death, Perron was one of seventeen living individuals listed on every BRW Rich 200 (or its replacement, the Financial Review Rich List) since the first list was published in 1984.[17] Meanwhile in 2015, Forbes assessed his net worth at US$1.60 billion, on the list of Australia's 50 richest people.[2]

Year Financial Review
Rich List
Forbes
Australia's 50 Richest
Rank Net worth
A$ bn
Rank Net worth
US$ bn
2011[3][18] 18 1.88 20 1.05
2012[19][20] 15 2.05 15 1.50
2013[21][22] 14 2.33 12 2.10
2014[23][24] 11 2.73 14 1.80
2015[25][2] 10 2.65 16 1.60
2016[26] 11 2.88
2017[27] 10 3.90
2018[1] 15 3.99
Legend
Icon Description
Has not changed from the previous year
Has increased from the previous year
Has decreased from the previous year

Philanthropy

In 1978, he established the Stan Perron Charitable Foundation in support of charities for sick and disabled children, and scholarships and awards for university students.[6] He also donated to the Association for the Blind of WA, which has renamed its Centre for Excellence as The Perron Centre.

References

  1. Stensholt, John (25 May 2018). "2018 AFR Rich List: Who are Australia's richest people?". The Australian Financial Review. Fairfax Media. Retrieved 26 May 2018.
  2. "2015 Australia's 50 Richest: #16 Stanley Perron". Forbes Asia. March 2015. Retrieved 13 June 2015.
  3. "2011 BRW Rich 200: Stan Perron". BRW. Sydney. 26 May 2011. Retrieved 13 June 2015.
  4. Sullivan, Leanne (2009). Who's who in Australia. Crown Conten. p. 1669. ISBN 1740951662.
  5. "Australia & New Zealand's 40 Richest: #9 Stanley Perron". Forbes. 1 February 2007. Retrieved 13 June 2015.
  6. Quinn, Russell (10 March 2012). "Why Stan Perron's oresome at 89". The Sunday Times.
  7. Guest, Debbie (23 May 2012). "Stan Perron succeeds against Gina Rinehart, Angela Bennett over iron ore royalties". The Australian.
  8. Moulton, Emma; Lawson, Rebecca (22 May 2012). "Billionaires Gina Rinehart, Angela Bennett, Stan Perron settle iron ore royalty fight". The Sunday Times.
  9. Costa, Gabrielle (28 January 2015). "Forbes rich list: all the usual suspects". The Sydney Morning Herald.
  10. "£500 stake costs Rinehart dearly". Australian Financial Review. 23 May 2012. Archived from the original on 17 August 2016.
  11. Schneider, Joe (22 May 2012). "Australian Billionaires Settle Rio Tinto Royalty Dispute". Bloomberg Businessweek.
  12. "Centro signs deal with billionaire Stan Perron". Herald Sun. 17 May 2012.
  13. "Billionaire Stan Perron spends on shopping centre stakes". Herald Sun. 18 May 2012.
  14. "Member of the Order of Australia (AM) entry for Mr Lloyd Stanley PERRON". It's an Honour, Australian Honours Database. Canberra, Australia: Department of the Prime Minister and Cabinet. 26 January 1995. Retrieved 8 October 2019. AM/FOR SERVICE TO BUSINESS AND COMMERCE AND TO THE COMMUNITY. AUST DAY 1995.
  15. Smith, Sean (23 November 2018). "WA businessman Stan Perron dies at age of 96". news.com.au. News Limited. Retrieved 23 November 2018.
  16. "Companion of the Order of Australia (AC) entry for The late Mr Lloyd Stanley PERRON AM". It's an Honour, Australian Honours Database. Canberra, Australia: Department of the Prime Minister and Cabinet. 26 January 2019. Retrieved 8 October 2019. For eminent service to the community through philanthropic contributions to a range of charitable organisations, and to the commercial property sector.
  17. Thomson, James (22 May 2013). "Celebrating 30 years of the Rich 200". BRW Rich 200. Retrieved 22 May 2013.
  18. "Chinese abandon Triguboff's Meriton Apartments". The Australian. 21 April 2011. Retrieved 9 June 2015.
  19. "2012 BRW Rich 200: Stan Perron". BRW. Sydney. 24 May 2012. Retrieved 13 June 2015.
  20. "2012 Australia's 40 Richest". Forbes Asia. 1 February 2012. Retrieved 3 June 2012.
  21. "2013 BRW Rich 200: Stan Perron". BRW. Sydney. 22 May 2013. Retrieved 13 June 2015.
  22. "2013 Australia's 50 Richest". Forbes Asia. 1 February 2013. Retrieved 23 May 2013.
  23. "2014 BRW Rich 200 list". BRW (a Fairfax Media Publication). Sydney. 26 June 2014. Retrieved 31 August 2014.
  24. "2014 Australia's 50 Richest". Forbes Asia. January 2014. Retrieved 30 June 2014.
  25. "2015 BRW Rich 200 list: Stan Perron". BRW. Sydney. May 2015. Retrieved 13 June 2015.
  26. Stensholt, John, ed. (27 May 2016). "2016 BRW Rich 200 list: Stan Perron". Financial Review. Australia. Retrieved 7 June 2016.
  27. Stensholt, John, ed. (25 May 2017). "Financial Review Rich List 2017". Financial Review. Retrieved 7 October 2019.
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