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With a net worth estimated at $2.3 billion, Stanley Perron was a self-made real estate magnate. Perron was then considered as Australia's 12th richest person and the 704th richest in the world. Growing up in Australia, Perron always had an entrepreneurial spirit. As a young boy, Perron went door to door selling handkerchiefs.
After working as a bricklayer, an ice rink operator, and a salesman, Penner struck rich by buying or selling commercial property and running a Toyota distributorship. Perron had a reputation as a shrewd businessman and negotiator. Despite that, he donates to many charitable organizations. Also, he established the Stan Perron Charitable Foundation in 1978 that helps fund students with disabilities to attend college. Perron owned and operated the Perron Group in Perth Australia. Included in its vast holdings of commercial properties are numerous office buildings, retail shopping malls, and industrial properties. Married, with three children, Perron and his wife resided in Australia.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2019 |
Asset |
Purchase value of half stake in Mall landlord Scentre Group's Westfield Burwood shopping centre by Perron Group, the business established by the late Perth-based billionaire Stan Perron |
$575,000,000 |
|
2018 |
Earning Turned Donation |
Stanley Perron's donation to his namesake organisation, the Stan Perron Charitable Foundation that focuses on children's health in Western Australia |
$2,800,000,000 |
|
2018 |
Asset |
Stanley Perron's acquisition of a shopping center |
$750,000,000 |
|
2018 |
Asset |
Estimated value of the assets of the Perron Group that includes 12 major shopping centers across the Australia |
$4,000,000,000 |
|
2009 |
Royalties |
Stanley Perron's share of the royalty from the Perron Group |
$100,000,000 |
|
2007 |
Asset |
Purchase value of Stanley Perron's 40-story office building at 201 Elizabeth Street in Sydney, which was once the city's tallest |
$100,000,000 |
|
2007 |
Asset |
Estimated value of Stanley Perron's stocks in his investment arm, Perron Investments |
$265,000,000 |
|
2007 |
Asset |
Purchase value of Stanley Perron's half share in two big shopping malls in suburban Sydney |
$250,000,000 |
|
2006 |
Earnings |
Profit of the Perron Group |
$151,000,000 |
|
2006 |
Asset |
Estimated value of Stanley Perron's real estate which includes shopping malls and office buildings |
$837,000,000 |
|
2004 |
Sale of Asset |
Sale of Stanley Perron's 30-story office block in North Sydney |
$73,000,000 |
|
1989 |
Asset |
Purchase value of Stanley Perron's 30-story office block in North Sydney |
$71,000,000 |
|
1961 |
Sale of Asset |
Sale of Stanley Perron's earthmoving business to a rival firm, Thiess Brothers |
$3,000,000 |
|
1959 |
Asset |
Stanley Perron's investment in the then-struggling Hancock and Wright prospecting partnership |
$1,000 |