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Packer first appeared on various wealth lists in 2006, following the death of his father the previous year and the intergeneration transfer of the bulk of Kerry Packer's wealth to his son, James. James Packer's wealth was valued at A$7.25 billion.
PROFILE. James Packer. $2.8B. Real Time Net Worth. as of 10/29/24. #1223 in the world today. Photo by Scott Barbour/Getty Images. From the Editor. James Packer was the largest shareholder of...
He is the son of media mogul Kerry Packer and Roslyn Redman Packer, and a grandson of Sir Frank Packer. He is one of the richest men in Australia. ‘The Financial Review Rich List’ assessed his net worth at A$4.94 billion, making him the thirteenth richest man in Australia in May 2019.
5 days ago · As one of Australia’s wealthiest individuals, James Packer’s net worth stands at an estimated $5.3 billion, primarily due to his family’s substantial business interests and his own...
- What Is James Packer's Net Worth?
- Early Life
- Career Beginnings in Investing
- Crown Resorts
- Other Ventures
- Netanyahu Controversy
- Philanthropy
- Personal Life
James Packer is an Australian businessman who has a net worth of $3.7 billion. He is the son of media mogul Kerry Packer and the grandson of Frank Packer. James Packer is the current head of Consolidated Press Holdings Limited, a media investment company that he inherited from his father. Since he took over the company in 2005, he has shifted its f...
James Packer was born on September 8, 1967 in Sydney, New South Wales, Australia to billionaire media tycoon Kerry Packer and his philanthropist wife Roslyn. His grandfather was Sir Frank Packer. He has an older sister named Gretel. As a youth, James Packer went to Cranbrook School in suburban Sydney. Due to his mediocre grades, he did not attend c...
Following the burst of the dotcom bubble in the early 2000s, Packer purchased stakes in the online classified sites SEEK and Carsales. He believed that newspaper companies depending on classified advertising were especially vulnerable to online companies focused on employment and vehicle listings, among other areas. Packer's strategy paid off, as h...
One of Parker's biggest and most lucrative business ventures has been the Australian gambling and entertainment company Crown Resorts. It was established in 2007 when the Packer family company Publishing and Broadcasting Limited divested its gambling assets. Crown maintains the Australian resorts Crown Melbourne and Crown Perth, which encompass ove...
Among his other business ventures, Packer formerly directed the Australian telecommunications company One.Tel, which was partially owned by the Packer family's Consolidated Press Holdings and Publishing and Broadcasting Limited. The venture was ultimately a failure, as One.Tel was declared insolvent in 2001, costing Packer's company $327 million. F...
Packer has been controversial for his relationship with Israeli Prime Minister Benjamin Netanyahu. In 2016, Israeli Police began an investigation into reports that Packer had bribed the PM's family in order to gain Israeli residency. Allegedly, he gifted Netanyahu and his family around $100,000 in jewelry, champagne, clothing, and cigars.
As a philanthropist, Packer established the Packer Family Foundation and the Crown Resorts Foundation. Together, the foundations launched a $200 million national philanthropic fund in the summer of 2014. Packer intends the foundations to promote art, culture, and Indigenous education.
From 1993 to 1998, Packer dated model and actress Kate Fischer. The pair got engaged, but broke it off in 1998. The year after that, Packer wed his first wife, model and television personality Jodhi Meares. They divorced in 2002. Later, in 2007, Packer married model and singer Erica Baxter, with whom he had two daughters named Indigo and Emmanuelle...
- Celebrity Net Worth
Dec 1, 2021 · This result is a positive contrast to the $400 million paper loss recorded by CPH in the previous financial year — but what helped the billionaire's net worth?
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Oct 8, 2021 · James Packer's net worth is $3.7 million. He worked in his father's cattle farm after earning a high school certificate from the Cranbrook boarding school in Sydney. The bigwig has invested in several companies over the years.
