How the Rich Invest: Kerry Stokes
The Australian Financial Review looks at how the wealthy are making money for our column, How the rich invest.
Billionaire Kerry Stokes' best-performing stock over the past year is a surprise packet in an infant formula business that has grown rapidly since a backdoor listing on the ASX 14 months ago.
Stokes, best known for his role as chairman of Seven West Media, has a shareholding in Bubs Australia, a maker of infant formula and organic baby food.
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