Stan Perron
Lloyd Stanley Perron | |
|---|---|
| Born | Template:Birth date Australia |
| Died | November 23, 2018 (aged 96) |
| Occupation(s) | Entrepreneur, benefactor |
| Known for | Business ventures in mining and property; philanthropy |
Lloyd Stanley Perron (2 November 1922 – 23 November 2018) was a prominent Australian entrepreneur and benefactor.
Biography
Perron departed formal education at the age of 14 to sell intricately carved handkerchief boxes and never attended secondary school.
His entrepreneurial journey commenced in 1944 when he managed a taxi service in Perth, later expanding into the construction of ice-skating facilities. In 1959, Perron invested £500 alongside Lang Hancock and Peter Wright in the Pilbara, acquiring a 15% entitlement to future royalties. This stake eventually generated substantial wealth from the discovery of iron ore and tantalite at the Brockman 2 mine near Tom Price, Western Australia, operated by Rio Tinto. In 2012, following a legal dispute over royalties, the Supreme Court of Western Australia mandated that Gina Rinehart compensate him with tens of millions of Australian dollars.
Together with his brother Keith, Perron established Perron Brothers, a trucking and earthmoving enterprise which was sold to Thiess in 1961. He collaborated with David Golding to acquire a Toyota dealership and invested heavily in property along the Great Eastern Highway. His portfolio included a 50% share in Perth's Central Park tower and ownership of eight shopping centres nationwide. In May 2012, he acquired half ownership stakes in Perth's Centro Galleria, Melbourne's Centro The Glen, and Adelaide's Centro Colonnades from the Centro Properties Group. His business operations under the Perron Group were based in East Perth, and he also held ownership of SP Investments.
Personal life
Perron was married to Jean Perron, with whom he had three children and seven grandchildren. He was passionate about ocean fishing. In recognition of his contributions to commerce and community, he was appointed a Member of the Order of Australia in 1995.
He passed away at age 96 in Perth on 23 November 2018. Posthumously, he was honoured as a Companion of the Order of Australia in the 2019 Australia Day Honours for his philanthropic efforts and significant influence within the commercial property industry.
Personal wealth
In 2018, Australian Financial Review estimated Perron's net worth at A$3.99 billion, placing him on the prestigious Financial Review Rich List. Prior to his passing, he was one of only seventeen individuals to appear on every edition of the BRW Rich 200 (and its successor lists) since their inception in 1984. In 2015, his fortune was valued by Forbes at US$1.60 billion, ranking him among Australia's top 50 wealthiest individuals.
| Year | Financial Review Rich List | Forbes Australia's 50 Richest | ||
|---|---|---|---|---|
| Rank | Net worth Template:AUD bn |
Rank | Net worth Template:USD bn | |
| 2011 | 18 Increase | 1.88 Increase | 20 Decrease | 1.05 Decrease |
| 2012 | 15 Increase | 2.05 Increase | 15 Increase | 1.50 Increase |
| 2013 | 14 Increase | 2.33 Increase | 12 Increase | 2.10 Increase |
| 2014 | 11 Increase | 2.73 Increase | 14 Decrease | 1.80 Decrease |
| 2015 | 10 Increase | 2.65 Decrease | 16 Decrease | 1.60 Decrease |
| 2016 | 11 Decrease | 2.88 Increase | ||
| 2017 | 10 Template:Gain | 3.90 Template:Gain | ||
| 2018 | 15 Template:Gain | 3.99 Template:Gain | ||
| Legend | |
|---|---|
| Icon | Description |
| Steady | No change compared to previous year |
| Increase | Increase compared to previous year |
| Template:Loss | Decrease compared to previous year |
Philanthropy
In 1978, Perron established the Stan Perron Charitable Foundation aimed at aiding organizations that assist ill and disabled children, along with providing scholarships to university students. Additionally, he supported the Association for the Blind of WA, which honored him by naming its Centre for Excellence The Perron Centre.