Who is James Packer?
Packer is the son of the late Kerry Packer. He was born in September 1967. He was married to Erica Packer. He has 3 children (Indigo, Jackson, and Emmanuele). In 2005 he inherited the family company Consolidated Press Holdings Limited. Which controls investments in Crown Limited. Such as Consolidated Media Holdings and other companies.
The company was founded by his grandfather Sir Douglas Frank Hewson Packer.
Since his father’s death, Packer has moved away from the media businesses. He and focused on creating a worldwide gambling empire named Crown Resorts.
The Crown Melbourne Entertainment Complex in Melbourne is one of the largest integrated resorts in the southern hemisphere. It is comprising a casino, hotels, function rooms, restaurants, shopping, and entertainment facilities.
There is a biography of his high profile life. The book is named The Price of Fortune: The Untold Story of Being James Douglas Packer. It describes his mental health struggle with depression and paranoia. The book is written by Damon Kitney.
He was the owner of a Hollywood film company RatPac. He founded RatPac with producer and director Brett Ratner. RatPac was responsible for the movie Gravity. Starring Sandra Bullock and George Clooney. He sold his stake to Len Blavatnik. Blavatnik is the owner of the yacht Odessa II. James Douglas Packer was the owner of the expedition yacht Arctic P., which is now owned by his sister Gretel.
Crown Resorts Limited is one of Australia’s largest gaming and entertainment groups. Which operates Crown Casino and Entertainment Complex in Melbourne. And the Crown Perth Entertainment Complex.
Crown holds a significant interest in Melco Crown Entertainment Limited (MCE). It is listed on NASDAQ and operating casino/hotel properties in Macau. The properties include the City of Dreams and Altira Macau. As well as the Mocha Clubs business. Crown Perth is Perth’s premier integrated resort. It is encompassing a casino and two international hotels. There is also a state of the art convention center and award-winning food and beverage outlets.
James Packer Net Worth
He has a net worth of US$ 3 billion. In 2012 Packer sold Consolidated Media Holdings to NewsCorp for $ 1 billion.
In 2016 Packer got engaged to American singer and actress Mariah Carey. But Carey and Packer separated in the same year. She allegedly claimed a US$ 50 million divorce settlement. The claim was based on a never signed prenup.