Perron died aged 96 in Perth on 23 November 2018. He was posthumously appointed a Companion of the Order of Australia in the 2019 Australia Day Honours in recognition for his eminent service to the community through philanthropic contributions to a range of charitable organisations, and to the commercial property sector.
In 2018, The Australian Financial Review assessed Perron's net worth as A$3.99 billion, listed on the Financial Review Rich List. Prior to his death, Perron was one of seventeen living individuals listed on every BRW Rich 200 (or its replacement, the Financial Review Rich List) since the first list was published in 1984. Meanwhile in 2015, Forbes assessed his net worth at US$1.60 billion, on the list of Australia's 50 richest people.