James Packer

James Douglas Packer (born 8 September 1967) is an Australian <a href="/facts/Billionaire/7goIqHHJ">billionaire</a> businessman and investor. Packer is the son of <a href="/facts/Kerry_Packer/e5zXj3AN">Kerry Packer</a>, a media mogul, and his wife, <a href="/facts/Roslyn_Packer/SmBd9yAK">Roslyn Packer</a>. He is the grandson of <a href="/facts/Frank_Packer/mHmG4JtT">Frank Packer</a>. He inherited control of the family company, <a href="/facts/Consolidated_Press_Holdings/xuKlL1eQ">Consolidated Press Holdings Limited</a>, as well as investments in <a href="/facts/Crown_Resorts/Mky8dSoL">Crown Resorts</a> and other companies. He is the former executive chairman of <a href="/facts/Publishing_and_Broadcasting_Limited/YQpmqfFg">Publishing and Broadcasting Limited</a> (PBL) and <a href="/facts/Consolidated_Media_Holdings/TGljLnE8">Consolidated Media Holdings</a>, which predominantly owned media interests across a range of platforms, and a former executive chairman of Crown Resorts.
As of May 2023<a href="https://en.wikipedia.org/w/index.php?title=James_Packer&action=edit">[update]</a>, Packer's <a href="/facts/Net_worth/1gsgnLRx">net worth</a> was assessed as A$4.95 <a href="/facts/1%2c000%2c000%2c000/Ij1fl5Q7">billion</a> by the <a href="/facts/Financial_Review_Rich_List/Ua3YM25w">Financial Review Rich List</a>, ranking him as the eighteenth-wealthiest Australian; he was the richest person in Australia in 2006 and 2007. <a href="/facts/Forbes_(magazine)/lyULpGhW">Forbes Asia</a> magazine assessed Packer's net worth at US$3.6 billion in January 2019, the ninth-richest Australian. In June 2022, the Federal Court approved <a href="/facts/Blackstone_Inc/22xhHyLD">Blackstone</a>'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. Packer has an investment in <a href="/facts/ADH_TV/TdXTrzPd">ADH TV</a>, although the total value is unknown.

James Packer open-in-new

James Packer