james packer net worth

James packer net worth

James Packer is an Australian billionaire businessman and investor.

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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Three months later, after a dispute with Murdoch over a senior management appointment, Packer resigned his Network Ten board seat. Forbes Asia.

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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.

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 22 May Retrieved 29 October Australian Associated Press. Retrieved 6 May His financial journey gained significant public attention in , following the death of his father, Kerry, when James inherited the bulk of his wealth. 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. The Australian Financial Review. BBC News. Australia: Fairfax Media. Archived from the original on 28 October James Packer is an Australian billionaire businessman and investor. How Old Is James Packer? This lineage gave him wealth and responsibility to propel the family name to new heights. Download as PDF Printable version.

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This lineage gave him wealth and responsibility to propel the family name to new heights. Erica Baxter. 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. Retrieved 30 July Australian Studies in Journalism. January Read Edit View history. Sydney, Australia. However, this relationship was short-lived, ending in Contents move to sidebar hide. Archived PDF from the original on 7 November In , James Packer was dating Kylie Lim.

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