Media figures populate the AFR Rich List

A number of high profile media owners have made the Financial Review’s annual Rich List, however their continued fortunes seem to be despite their media holdings, not because of them.

Kerry Stokes has the biggest fortune of any of the media owners, with his $12.69 billion growing by 12% in a year.

This is thanks to his majority stake in Seven Group Holdings, and its canny purchase of $4.4 billion construction giant Boral. Not bad for a man who started off installing television antennas.

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