Rich Listers lose billions as sharemarket slides

Original article by John Stensholt
The Australian Financial Review – Page: Nov-16 : 13-Jan-15

Some Australian billionaires have reasons to be unhappy, as falling shares have had a negative impact on their wealth. Andrew Forrest, James Packer and Kerry Stokes belong to a group whose losses over the past 12 months exceeded $A5 billion combined. Frank Lowy, chairman of Westfield Corporation, is an exception, with the stock gaining 50 per cent in 12 months

CORPORATES
WESTFIELD CORPORATION – ASX WFD, FORTESCUE METALS GROUP LIMITED – ASX FMG, SEVEN GROUP HOLDINGS LIMITED – ASX SVW, WESTRAC EQUIPMENT PTY LTD, CATERPILLAR INCORPORATED, CROWN RESORTS LIMITED – ASX CWN, MESOBLAST LIMITED – ASX MSB, WORLEYPARSONS LIMITED – ASX WOR, FREELANCER LIMITED – ASX FLN, CORPORATE TRAVEL MANAGEMENT LIMITED – ASX CTD, TRANSFIELD SERVICES LIMITED – ASX TSE, VOCUS COMMUNICATIONS LIMITED – ASX VOC, BILLABONG INTERNATIONAL LIMITED – ASX BBG, DOMINO’S PIZZA ENTERPRISES LIMITED – ASX DMP

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