James Packer Biography
James Packer is a millionaire businessman and investor from Australia who inherited the family business Consolidated Press Holdings Limited as well as shares in Crown Resorts. He was previously the executive chairman of Publishing and Broadcasting Limited (PBL) and Consolidated Media Holdings, as well as Crown Resorts.
How old is James Packer? – Age
He is 55 years old as of 8 September 2022. He was born in 1967 in Sydney, Australia. His real name is James Douglas Packer.
James Packer Family – Education
Packer was born in Sydney, the son of media billionaire Kerry Packer and philanthropist Roslyn (née Weedon). Sir Frank Packer, the media magnate, was his grandpa. He attended Cranbrook School in Sydney’s Bellevue Hill. After completing his Higher School Certificate (HSC) at Cranbrook, he began working as a jackeroo on his father’s vast Newcastle Waters cattle station in the Barkly Tableland in the Northern Territory. Packer remarked that he did not attend university because he “didn’t have the grades.” His father and corporate CEO Albert J. Dunlap, he has stated, are among his mentors.
Who were James Packers Girlfriends? – Wife – Children
After five years together and a two-year engagement, Packer and Kate Fischer divorced in 1998. He married Jodhi Meares in 1999, and the couple divorced in 2002. In 2007, he married part-time model and singer Erica Baxter, and they had three children: Indigo, Jackson Lloyd, and Emmanuelle Sheelah. Packer and Erica Packer announced their divorce in September 2013. In November 2017, Packer paid a multi-million dollar settlement to Mariah Carey in response to a lawsuit filed by Carey alleging a “inconvenience fee.” Packer was dating Kylie Lim in 2019.
James Packer Net Worth
He has an estimated net worth of 2.7 billion USD. Following his father’s death the previous year and the intergeneration transfer of the majority of Kerry Packer’s wealth to his son, James, Packer first featured on different wealth lists in 2006. Packer was the third-richest person in Australia in the 2008 BRW Rich 200 list, with a personal wealth of A$6.1 billion, trailing Fortescue Metals Group CEO Andrew Forrest and Westfield Group CEO Frank Lowy.
Packer was rated third on the 2013 BRW Rich 200 list, with an estimated wealth of A$6.0 billion. Packer’s wealth was valued at A$7.19 billion in the 2014 BRW wealth rankings, making him the third-richest Australian. Packer’s net worth was estimated to be A$6.08 billion in the 2015 BRW Rich 200 list, making him the seventh-richest Australian. According to The Sunday Telegraph, Packer’s wealth has decreased to less than A$3 billion due to persistent financial issues. Forbes magazine put Packer’s worth at US$3.6 billion in January 2019, down from US$6.60 billion in Forbes’ 2014 list.
James Packer House
Packer has had his ups and downs, including resigning from all of Consolidated Press Holdings’ related boards earlier this year due to mental health difficulties. However, in an apparent attempt to be closer to his three young children, who live in Los Angeles with his ex-wife Erica Packer, James Packer has lately purchased a mansion in the affluent enclave of Holmby Hills.
The 2,694 square metre property contains seven bedrooms, an eight-car garage, an outdoor swimming pool, a beauty salon, a home theatre, a cigar room, and a wine room and is expected to cost $80 million. After residing there for 21 years, actor Danny DeVito and wife Rhea Perlman sold the mansion in 2015 for $29 million.
Stuart and Stephanie Liner, property developers, bought the house off DeVito and Perlman and renovated it before putting it on the market in May for about $115 million. According to Realestate.com.au, the original asking price was $35 million higher than Packer paid. The huge home features a sleek white facade and is currently furnished with magnificent design accents such as a grand piano, soft velvet sofas and lounges, and large chandeliers.
James Packer One.Tel
Packer was a director of One.Tel, an Australian telecommunications firm that declared bankruptcy in May 2001. PBL lost A$327 million due to the failure of One.Tel. Packer said at a PBL annual general meeting that the failure of One.Tel had taught him “painful lessons.” Later, at the liquidator’s inquiry into the company’s demise, he denied apologizing for his own actions, claiming instead that “I was making an apology for accepting the bona fides of Mr. [Jodee] Rich and the executive directors of One.Tel.”
Lachlan Murdoch and Packer reached a A$40 million settlement over the One.Tel debacle in April 2014. The settlement was agreed by the Supreme Court of New South Wales on April 17, 2014, with Consolidated Press Holdings paying A$14.93 million, Crown Resorts paying A$11.77 million, and News Corp paying A$13.3 million.
What Yacht does James Packer own? – Yacht
Even though he doesn’t have an Oscar, he does have a superyacht, which is really all Leo is known for these days anyway. This week, pictures surfaced showing the Australian billionaire doing a DiCaprio-style snooze on his $283 million superyacht while surrounded by hot girls and Hollywood’s elite. Robert De Niro, the actor’s girlfriend Tiffany Chen, and his daughter Helen Grace were the first to arrive.
The relationship between Packer and De Niro actually dates back to 2015, when Packer purchased a stake in the actor’s infamous Japanese restaurant and hotel chain, Nobu. Although the pairing of Packer and De Niro appears to be similar to one of those unlikely animal friendship videos that can be found on YouTube, such as one in which a bulldog relaxes on top of a placid crocodile’s head, Even though it isn’t exactly like one of those unlikely animal friendship videos, it’s still strange. Like a truly old budgerigar being companions with a recluse crab.
The pictures of 23-year-old Brooklyn Beckham, the son of footballer David Beckham and Posh Spice, and his new wife Nicola Peltz, whose billionaire father Nelson was friends with James’s late father Kerry, followed. No doubt, there’s such a large number of names in that last sentence. In any case, a picture of the two twentysomethings having fun on Packer’s sea palace was also taken.
The fact of the matter is: Leo Dicaprio screams through all of this. Anybody who has dubiously flicked their eye over a newspaper site in the previous ten years realizes Leo genuinely wants to hang with dolls and other celebs on superyachts. The Titanic actor was captured earlier this year on a rumored $218 million hand-me-down superyacht that he borrowed from a random Swiss billionaire.