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Kerry Stokes remains in top 20 rich list despite losing $110m from his $2b fortune

Kerry Stokes - Australian of the Year finalist

Seven West Media chairman Kerry Stokes remains one of Australia’s 20 richest people despite seeing $110m wiped off his fortune over the past 12 months.

But Stokes could still be described as comfortable with the 2015 BRW run down of the country’s 200 wealthiest people estimating he is still worth $2.11b. It makes him Australia’s 16th richest person, down two spots from last year.

The rich list, released this afternoon, also showed a decline for WIN owner and minority Ten shareholder Bruce Gordon, whose fortune dipped $40m to $1.06b, putting him in 45th place, down from 34.

TV format king Reg Grundy came in at number 59, down from 57, with an estimated bank balance of $809m, a rise from last year’s $764m.

Meanwhile, veteran adman and media mogul John Singleton is now wealthier than media agency pioneer Harold Mitchell, according to BRW.

While Singleton’s fortune was estimated at $401, up $31m, Mitchell’s headed south with his pockets $13m lighter and now worth $362m.

It put Singleton 142nd in the list, down from 131st, with Mitchell falling more than 30 places to 161st.

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