James packer net worth

James Packer is an Australian billionaire businessman and investor. This lineage gave him wealth and responsibility to propel the family name to new heights.

James Douglas Packer born 8 September [1] is an Australian billionaire businessman and investor. He is the grandson of Sir Frank Packer. He inherited control of the family company, Consolidated Press Holdings Limited, as well as investments in Crown Resorts and other companies. His grandfather was the media proprietor Sir Frank Packer. His mentors, he has said, include his father and corporate executive Albert J. Following the dotcom crash of —, Packer acquired stakes in the online classified sites Seek and Carsales. In March , Packer began discussing whether to sell Channel Nine and the Australian Consolidated Press magazine group to help fund his move into the international gaming and tourism business.

James packer net worth

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The first film financed by RatPac was a major success. Australian Associated Press. The Australian Financial Review.

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Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources , and more. Learn More. But, the last year has shown Packer's ability to make a pretty penny in tech shares as well. A large chunk of the returns was from Packer's investment in a number of technology shares. Examples of this include the Southeast Asian real estate marketplace PropertyGuru. Although, possibly one of the most successful startup investments in was graphic design platform Canva. James Packer's foray into investing in 'tech' shares is not his first. Throughout the 's, he hit some home runs within the emerging online classifieds space. Similarly, in Carsales.

James packer net worth

James Douglas Packer born 8 September [1] is an Australian billionaire businessman and investor. He is the grandson of Sir Frank Packer. He inherited control of the family company, Consolidated Press Holdings Limited, as well as investments in Crown Resorts and other companies.

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Retrieved 15 January Retrieved 3 February Australia: Fairfax Media. In , James Packer planned to re-enter public life in Australia, marking a significant turnaround after a challenging period characterized by personal health struggles. Tel failure. His financial journey gained significant public attention in , following the death of his father, Kerry, when James inherited the bulk of his wealth. Inheriting control of the family company, Consolidated Press Holdings Limited, Packer masterfully expanded into multiple ventures, including significant investments in brick-and-mortar casino via Crown Resorts and other companies. He is the grandson of Sir Frank Packer. The Australian. I thought this must be a great business. Three months later, after a dispute with Murdoch over a senior management appointment, Packer resigned his Network Ten board seat.

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In , during the public inquiry into Crown Casinos, Packer revealed he had bipolar disorder. The company expanded its reach beyond Australia with significant investments in integrated resort and casino secrets in Australia and the Macau gambling market. This lineage gave him wealth and responsibility to propel the family name to new heights. Contents move to sidebar hide. His financial acumen led him to the zenith of success, becoming the wealthiest person in Australia in and However, the couple separated in Archived PDF from the original on 7 November The couple have three children: daughters Indigo and Emmanuelle and son Jackson Lloyd. Archived from the original on 1 September Later at the liquidator 's inquiry over the collapse he denied that he was apologising for his own conduct; instead, he claimed, "I was making an apology for accepting the bona fides of Mr. Australia: Fairfax Media. Nine Publishing. James Packer was married twice and has three children from his 2nd marriage. His mentors, he has said, include his father and corporate executive Albert J.