James Packer

Who is James Packer?

James Douglas Packer is an Australian businessman.

Packer is the son of the late media mogul Kerry Packer and grandson of Sir Frank Packer. He inherited control of the family company, Consolidated Press Holdings Limited, which controls investments in Crown Resorts, Ratpac Entertainment, Zhoapin Pty Ltd and other companies. He is the former executive chairman of Publishing and Broadcasting Limited and Consolidated Media Holdings, which predominantly owned media interests across a range of platforms.

With an assessed net worth of A$7.19 billion in 2014, Packer is ranked as the third richest Australian according to the BRW magazine; having been the richest person in Australia during 2006 and 2007. Forbes Asia magazine assessed Packer's net worth at US$6.6 billion in January 2014.