James Packer’s profile picture

James Packer

James Packer’s profile picture
Net worth 2018: $4.06 Billion
Industry: Diversified
Residence: Aspen, Colorado
Country: Australia
BirthDay: 8 September 1967
Sigh: Libra
Children: 3
BIOGRAPHY

James Packer was bornon 8 September 1967 in Aspen, Colorado, Australia. James Packer is #540 in List Billionaires People In The World. James Packer's fortune is derived from Crown Resorts, which owns casinos in Australia and London. In 2017 Crown exited its Macau and U.S. gambling investments, pulling back to home territory. Packer is building the $1.9 billion Crown Sydney, scheduled to open in 2021, in his home town, although he officially lives in Aspen, Colorado, to be nearer Los Angeles, where his children live. He also spends time at his Ellerstina polo ranch in Argentina. Packer is passionate about building Crown's key digital ­assets: online wagering group CrownBet, online betting exchange Betfair and, more recently, online social gaming business DGN Games. Over recent years his fortune has dropped as he and sister Gretel have split the family empire inherited from their late father, Kerry Packer.

NET WORTH STATISTIC
2009

$2.5 Billion

2010

$3.5 Billion

2011

$4.4 Billion

2012

$4.7 Billion

2013

$6 Billion

2014

$6.5 Billion

2015

$5.2 Billion

2016

$3.5 Billion

2017

$3 Billion

2018

$4.06 Billion

TIMELINE
2017

In November 2017, Packer paid Carey a multi-million dollar settlement, in response to a lawsuit pursued by Carey citing an “inconvenience fee”

2015

In 2015 BRW Rich 200, Packer's net worth was assessed at A$6

2014

In July 2014, the Foundations launched their $200 million National Philanthropic Fund which is one of Australia’s largest philanthropic commitments

2013

In September 2013 James and Erica Packer announced they were separating

2012

In December 2012, Packer and producer-filmmaker Brett Ratner formed a joint venture, RatPac Entertainment

2011

In late May 2011 Packer made a reported A$80 million investment in daily deals sites Scoopon and Catch of the Day through a partnership between his Consolidated Press Holding and several other investors, including Andrew Bassat, a co-founder of Seek

2010

Yet by mid-2010, it was reported that Packer owned a number of assets including Ellerston Z (a superyacht), Arctic P (a luxury cruise ship and former ice-breaker), a private jet, a 12-seater Sikorsky S-76 helicopter, and a variety of cars including an Aston Martin DB9 coupe

2009

On 18 January 2009, The Sunday Telegraph reported that due to ongoing financial problems, Packer's wealth dropped to under A$3 billion; also reporting that Packer listed for sale his Mangusta yacht and delayed the purchase of a Boeing business jet

2008

Together, Packer and Baxter have three children: daughter Indigo, born 27 July 2008, son Jackson Lloyd, born 1 February 2010, and daughter Emmanuelle Sheelah, born 22 September 2012

2007

Packer later married part-time model and singer Erica Baxter, whom he wed in the equivalent of a civil ceremony on 20 June 2007

2006

[1][2]Packer first appeared on various wealth lists in 2006, following the death of his father the previous year and the intergeneration transfer of the bulk of Kerry Packer's wealth to his son, James

2005

At Packer's urging, the magazine group then controlled by his family, Australian Consolidated Press, acquired a 41% stake in online advertiser Carsales in October 2005

2003

Packer purchased a 25% stake in SEEK for A$33 million in August 2003

2002

In 2002, following the breakdown of his first marriage, and the development of a friendship with Tom Cruise, Packer began attending the Church of Scientology in Australia, taking courses on the Church's Dundas business centre

2000

Following the dotcom crash of 2000–2001, Packer acquired stakes in the online classified sites SEEK and CarSales, believing that newspaper companies relying heavily on classified advertising were vulnerable to online companies in categories including employment and vehicle listings

1999

On 23 October 1999, Packer married Jodhi Meares at his home in Bellevue Hill, Sydney

1998

Packer was engaged to actress Kate Fischer until the couple separated in 1998 after five years together and a two-year engagement

1967

James Douglas Packer (born 8 September 1967) is an Australian businessman and investor

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