His mentors, he has said, include his father and corporate executive Albert J. Packer has stated he did not attend university as he "didn't have the marks". After obtaining the Higher School Certificate (HSC) at Cranbrook, he began working at his father's extensive Newcastle Waters cattle station in the Barkly Tableland of the Northern Territory, where he was a jackeroo. Packer was educated at Cranbrook School in Bellevue Hill, Sydney. His grandfather was the media proprietor Sir Frank Packer. James Packer was born in Sydney, the son of philanthropist Roslyn (née Weedon) and media mogul Kerry Packer. In June 2022, the Federal Court approved Blackstone's takeover of Crown Casinos, delivering Packer A$3.36 billion in exchange for his 37 per cent stake in the company, which he has been involved with since 1999. Forbes Asia magazine assessed Packer's net worth at US$3.6 billion in January 2019, the ninth-richest Australian. 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.Īs of May 2021, Packer's net worth was assessed as A$5.72 billion by the Financial Review Rich List, ranking him as the fifteenth-wealthiest Australian he was the richest person in Australia in 20. He inherited control of the family company, Consolidated Press Holdings Limited, as well as investments in Crown Resorts and other companies. Packer is the son of Kerry Packer AC, a media mogul, and his wife, Roslyn Packer AC. James Douglas Packer (born 8 September 1967) is an Australian billionaire businessman and investor. Robert Clyde Packer (great grandfather).
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