Kerry Stokes’ shareholding in WesTrac has added more than $1 billion to his fortune during the past year.

Stokes rides renewed yellow goods surge

OPINION: Western Australia has a new billionaire, or to be completely accurate, it has an old billionaire who has made another billion dollars over the past 12 months without anyone really noticing.

Kerry Stokes, best known for his interests in the media industry, has added $1.1 billion to his fortune from the rising value of the WesTrac industrial equipment business owned by Seven Group Holdings, of which Mr Stokes is the major shareholder.

Good news as an extra billion dollars is for Mr Stokes, there is better news for everyone in WA from the recovery in the value of WesTrac and its Caterpillar dealership, which is a major supplier of equipment to the mining industry.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 29/09/17

1 year TSR5 year TSR
158thSeven Group Holdings45%18%
719 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$300k Sold
$1.4m Sold
$151k Bought
Total value as at the date of the transaction
Source: Morningstar


th-Seven Group Holdings$2,340.3m
76 listed non wa companies ranked by revenue.
Source: Morningstar

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