Kerry Stokes

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Kerry Stokes, AO is the chairman of Seven Network, one of the largest broadcasting corporations in Australia, and a recipient of the Order of Australia recognising his contributions to Australian business. Stokes has great interest in art and was elected to the board of the National Gallery of Australia, and was chairman for five years, from 1996. Stokes also has a considerable interest in the Australian Caterpillar franchise, Westrac.

Stokes previously owned the Perth Wildcats basketball club in the Australian National Basketball League.

On 24 July 2006 Stokes purchased a Victoria Cross medal for a record $1,214,500, including commission and other charges, at auction and donated the medal to the Australian War Memorial in Canberra. [1]

Currently Stokes and the Seven Network owns commercial free-to-air television stations in Melbourne, Sydney, Brisbane, Perth, Adelaide and regional Queensland as well as 14 magazines including New Idea, That's Life and K-zone. Stokes also owns a third of Sky News Australia, half of the internet portal Yahoo! 7 and formerly owned 49.9% of Ticketmaster7.