Iron ore magnate Andrew Forrest has reclaimed the title of the nation's richest person from gaming tycoon James Packer while the fortunes of Perth businessmen Stan Perron and Kerry Stokes slipped, according to Forbes Asia.

Iron ore magnate Andrew Forrest has reclaimed the title of the nation's richest person from gaming tycoon James Packer while the fortunes of Perth businessmen Stan Perron and Kerry Stokes slipped, according to Forbes Asia.