James Packer

For the Barbadian cricketer, see James Packer (cricketer). For the Anglican theologian, see J. I. Packer.

James Packer
Born
James Douglas Packer

(1967-09-08) 8 September 1967 (age 57)
Sydney, New South Wales, Australia
EducationCranbrook School
Occupation(s)Former executive chairman of Publishing and Broadcasting Limited (PBL), Consolidated Media Holdings and Crown Resorts
Known forPacker family
Spouses
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(m. 1999; div. 2002)​
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(m. 2007; div. 2013)​
Children3
Parents
Relatives

James Douglas Packer (born 8 September 1967)[1] is an Australian billionaire businessman and investor. Packer is the son of Kerry Packer, a media mogul, and his wife, Roslyn Packer. He is the grandson of Frank Packer. He inherited control of the family company, Consolidated Press Holdings Limited, as well as investments in Crown Resorts and other companies.[2] He is the former executive chairman of Publishing and Broadcasting Limited (PBL) and Consolidated Media Holdings, which predominantly owned media interests across a range of platforms, and a former executive chairman of Crown Resorts.

As of May 2023, Packer's net worth was assessed as A$4.95 billion by the Financial Review Rich List, ranking him as the eighteenth-wealthiest Australian;[3] he was the richest person in Australia in 2006 and 2007.[4] Forbes Asia magazine assessed Packer's net worth at US$3.6 billion in January 2019, the ninth-richest Australian.[5][6] In June 2022, the Federal Court approved Blackstone's takeover of Crown Casinos, delivering Packer A$3.36 billion in exchange for his 37 percent stake in the company, which he has been involved with since 1999.[7] Packer has an investment in ADH TV, although the total value is unknown.[8]

  1. ^ Griffen-Foley, Bridget (18 November 2009). "Who Wants to Be a Billionaire? The James Packer Story". The Sydney Morning Herald. Archived from the original (book review) on 24 January 2016. Retrieved 23 June 2015.
  2. ^ "ASIC Free Company Name Search". National Names Index. Australian Securities & Investments Commission.
  3. ^ Cite error: The named reference afr2023 was invoked but never defined (see the help page).
  4. ^ Chappell, Trevor (28 May 2008). "Alan Bond makes BRW rich list comeback". news.com.au. Australia. Australian Associated Press. Retrieved 27 July 2011.
  5. ^ Cite error: The named reference Forbes2019 was invoked but never defined (see the help page).
  6. ^ "James Packer slides down the rich list". NewsComAu. Retrieved 16 October 2017.
  7. ^ Whitson, Rhiana (15 June 2022). "Federal Court rubberstamps Blackstone takeover of Crown, James Packer to get $3.36b payday". ABC. Retrieved 19 June 2022.
  8. ^ "Alan Jones's conservative streaming platform finds a new backer in James Packer". The New Daily.