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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...
- 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 $400 million paper loss recorded by CPH in the previous financial year — but what helped the billionaire's net worth?
As of May 2023, Packer's net worth, according to the Financial Review Rich List, the successor of the BRW Rich 200, was assessed at A$ 4.95 billion, making him the eighteenth wealthiest Australian. [ 3 ]
6 days ago · Billionaire James Packer’s strong run as a technology stock picker has helped him record a huge net profit of almost $600m for his private investment vehicle this year. ... Mr Packer’s ...
Jan 13, 2022 · Gaming billionaire James Packer looks set to walk away with about $3.3 billion in cash and end a 20-year involvement with the Crown Resorts gaming business, as a result of Crown board’s nod...
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Feb 29, 2024 · Why James Packer is the luckiest billionaire in Australia Crown Resorts may have given him plenty of heartburn, but the latest ugly numbers from Star Entertainment show how well-timed the sale...
