Stan Perron
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Lloyd Stanley Perron (2 November 1922 23 November 2018) was an Australian businessman and philanthropist.


Biography

Perron left school at the age of fourteen to sell hand-carved handkerchief boxes. He did not attend high school. He started his business career by running a fleet of taxis in Perth in 1944. He then built ice-skating rinks. In 1959, he invested £500 in the
Pilbara The Pilbara () is a large, dry, thinly populated region in the north of Western Australia. It is known for its Aboriginal peoples; its ancient landscapes; the red earth; and its vast mineral deposits, in particular iron ore. It is also a glo ...
with
Lang Hancock Langley Frederick George "Lang" Hancock (10 June 1909 27 March 1992) was an Australian iron ore magnate from Western Australia who maintained a high profile in the spheres of business and politics. Famous initially for discovering the world's ...
and Peter Wright, entitling him to 15 per cent of any future
royalties A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset o ...
. He later received millions in royalties from
iron ore Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. The iron is usually found in the fo ...
and
tantalite The mineral group tantalite Fe,_manganese.html"_;"title="iron.html"_;"title="iron">Fe,_manganese">Mn)Tantalum">Ta2oxygen.html" ;"title="manganese">Mn)Tantalum.html" ;"title="iron">Fe,_manganese.html" ;"title="iron.html" ;"title="iron">Fe, manga ...
found in
Brockman 2 mine The Brockman 2 mine is an iron ore mine located in the Pilbara region of Western Australia, 60 kilometres north-west of Tom Price. It should not be confused with Rio Tinto's Brockman 4 mine, also in the area.
close to
Tom Price, Western Australia Tom Price is a mining town in the Pilbara region of Western Australia. It is located inland, at the edge of the Hamersley Range. Tom Price is the highest town above sea level () in Western Australia, and is consequently dubbed "Top Town in WA". ...
by the
Rio Tinto Group Rio Tinto Group is an Anglo-Australian Multinational corporation, multinational company that is the world's second-largest metals and mining corporation (behind BHP). The company was founded in 1873 when of a group of investors purchased a mine ...
. In 2012,
Gina Rinehart Georgina Hope Rinehart (née Hancock, born 9 February 1954) is an Australian mining magnate and businesswoman. Rinehart is the Executive Chairman of Hancock Prospecting, a privately owned mineral exploration and extraction company founded by h ...
was forced to give him tens of millions of Australian dollars as a result of a trial at the
Supreme Court of Western Australia The Supreme Court of Western Australia is the highest state court in the Australian State of Western Australia. It has unlimited jurisdiction within the state in civil matters (although it usually only hears matters involving sums of A$750,00 ...
. With his brother Keith, Perron founded Perron Brothers, a trucking and earthmoving business, which they sold to Thiess in 1961. He bought a
Toyota is a Japanese multinational automotive manufacturer headquartered in Toyota City, Aichi, Japan. It was founded by Kiichiro Toyoda and incorporated on . Toyota is one of the largest automobile manufacturers in the world, producing about 10 ...
franchise with David Golding. He later invested in real estate along the
Great Eastern Highway Great Eastern Highway is a road that links the Western Australian capital of Perth with the city of Kalgoorlie. A key route for road vehicles accessing the eastern Wheatbelt and the Goldfields, it is the western portion of the main road link ...
. He owned half of the
Central Park Central Park is an urban park in New York City located between the Upper West Side, Upper West and Upper East Sides of Manhattan. It is the List of New York City parks, fifth-largest park in the city, covering . It is the most visited urban par ...
skyscraper in Perth and eight shopping centres in Australia. In May 2012, he purchased fifty per cent stakes in Perth's
Centro Galleria Galleria Shopping Centre (formerly known as Westfield Galleria, Centro Galleria and Galleria) is a shopping centre located in Morley, about northeast of the Perth central business district. It is the 5th largest shopping centre in Western Austra ...
,
Centro The Glen The Glen Shopping Centre is a major regional shopping centre located in Glen Waverley, Victoria, Australia. The head offices of MYOB are located in the centre. History The Glen first opened in 1967 with Woolworths, Lindsay's (which later be ...
in Melbourne and
Centro Colonnades Colonnades Shopping Centre is a shopping centre in Adelaide, South Australia. The shopping centre is located in the City of Onkaparinga, in the suburb of Noarlunga Centre. Colonnades is located on a large allotment of land with access from Gol ...
in Adelaide from the Centro Properties Group. His Perron Group is headquartered in
East Perth, Western Australia East Perth is an inner suburb of Perth, Western Australia, located next to the Perth central business district. Claise Brook and Claisebrook Cove are within the suburb. Formerly characterised by industrial land uses and urban blight, the redev ...
. He also owned SP Investments.


Personal life

He was married to Jean Perron, and they had three children and seven grandchildren. He enjoyed fishing in the ocean. In 1995 Perron was appointed a Member of the
Order of Australia The Order of Australia is an honour that recognises Australian citizens and other persons for outstanding achievement and service. It was established on 14 February 1975 by Elizabeth II, Queen of Australia, on the advice of the Australian Gove ...
"for service to business and commerce and to the community". Perron died aged 96 in Perth on 23 November 2018. He was posthumously appointed a Companion of the Order of Australia in the
2019 Australia Day Honours The 2019 Australia Day Honours are appointments Australian honours system, to various orders and honours to recognise and reward good works by Australian citizens. The list was announced on 26 January 2019 by the Governor General of Australia, Pet ...
in recognition for his eminent service to the community through philanthropic contributions to a range of charitable organisations, and to the commercial property sector.


Personal wealth

In 2018, ''
The Australian Financial Review ''The Australian Financial Review'' (abbreviated to the ''AFR'') is an Australian business-focused, compact daily newspaper covering the current business and economic affairs of Australia and the world. The newspaper is based in Sydney, New Sou ...
'' assessed Perron's
net worth Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Since financial assets minus outstanding liabilities equal net financial assets, net ...
as 3.99 
billion Billion is a word for a large number, and it has two distinct definitions: *1,000,000,000, i.e. one thousand million, or (ten to the ninth power), as defined on the short scale. This is its only current meaning in English. * 1,000,000,000,000, i.e ...
, listed on the ''
Financial Review ''The Australian Financial Review'' (abbreviated to the ''AFR'') is an Australian business-focused, compact daily newspaper covering the current business and economic affairs of Australia and the world. The newspaper is based in Sydney, New Sou ...
'' Rich List. 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. Meanwhile in 2015, ''
Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...
'' assessed his net worth at 1.60 billion, on the list of Australia's 50 richest people.


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. He also donated to the Association for the Blind of WA, which has renamed its Centre for Excellence as The Perron Centre.


References

{{DEFAULTSORT:Perron, Stan 1922 births 2018 deaths 20th-century Australian businesspeople Australian philanthropists Australian billionaires Members of the Order of Australia Companions of the Order of Australia 21st-century Australian businesspeople 20th-century philanthropists