JAMES PACKER • Net Worth $4 Billion • House • Yacht • Private Jet • Crown Resorts

Name:James Packer
Net Worth:$4 billion
Source of Wealth:Crown Resorts / Consolidated Press
Born:September 8, 1967
Wife:Erica Packer (ex-wife)
Children:Indigo Packer, Jackson Lloyd Packer, Emmanuelle Sheelah Packer
Residence:Sydney, Australia
Private Jet:Bombardier Global Express (N888ZP)

James Packer: From Inheritance to Business Success

James Packer, born in September 1967, hails from a prominent business family. As the son of Kerry Packer, he inherited Consolidated Press Holdings Limited, a company that controls investments in Crown Limited and other ventures. His grandfather, Sir Douglas Frank Hewson Packer, founded the company, which played a significant role in shaping James Packer’s career.

Key Takeaways:

  • James Packer, son of Kerry Packer, is an Australian billionaire and former media mogul.
  • He inherited Consolidated Press Holdings Limited and transformed it into Crown Resorts.
  • Crown Resorts is a major player in Australia’s gaming and entertainment industry, operating prominent complexes in Melbourne and Perth.
  • Packer’s ventures extended to Hollywood through RatPac, a film company he co-founded.
  • James Packer’s life has been the subject of a biography, shedding light on his personal struggles and battles with mental health.
  • His net worth is estimated at $3.6 billion, and he sold Consolidated Media Holdings to NewsCorp for $1 billion in 2012.
  • Packer’s personal life gained attention with his engagement to singer Mariah Carey, which ended in separation.

The Crown Resorts Legacy

Stepping away from the media business after his father’s passing, James Packer focused on creating a global gambling empire known as Crown Resorts. The Crown Melbourne Entertainment Complex in Melbourne stands as one of the largest integrated resorts in the southern hemisphere, boasting a casino, hotels, function rooms, restaurants, and entertainment facilities.

A Glimpse into James Packer’s Life

James Packer’s life has been marked by both success and personal struggles. His journey and battles with mental health are explored in the biography “The Price of Fortune: The Untold Story of Being James Douglas Packer” by Damon Kitney. The book delves into his experiences with depression and paranoia.

The RatPac Connection

Not limited to the gambling industry, James Packer ventured into the world of Hollywood with RatPac, a film company he founded with producer and director Brett Ratner. RatPac was involved in the production of acclaimed movies such as “Gravity,” starring Sandra Bullock and George Clooney. Packer eventually sold his stake to Len Blavatnik, owner of the Odessa II Yacht.

Crown Resorts: A Gaming and Entertainment Powerhouse

Crown Resorts Limited, headed by James Packer, is a leading player in Australia’s gaming and entertainment scene. The company operates the renowned Crown Casino and Entertainment Complex in Melbourne, as well as the Crown Perth Entertainment Complex. Additionally, Crown holds a significant interest in Melco Crown Entertainment Limited (MCE), which operates properties in Macau.

Mariah Carey

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.

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Yacht IJE Owner

James Packer

Acrtic P yacht

MY Seahorse P

Packer also owned the yacht Seahorse. It was built as Tigre-D’or at Amels. He sold his yacht Seahorse in 2015. When he ordered a new yacht at Amels.

He was the owner of the Mangusta 165 yacht Z Ellerston. She is now named Samhan.

MY Arctic P Yacht

Arctic P was built at the German shipyard Schichau Unterweser. It originally served as an icebreaker. Before being converted into a luxury yacht. We were told the yacht is now owned by his sister Gretel Packer.

MY EJI (Halo)

James Douglas Packer was also the owner of the yacht EJI. She was delivered by Amels Yachts in 2018. Packer more or less immediately put her for sale.  Reportedly as he considered her too small.  She was sold to Roman Abramovich and is now named Halo.

Yacht IJE

He is the owner of the Benetti yacht IJE.

The IJE Yacht, designed by RWD, is a 108-meter superyacht owned by James Packer.

With its MTU diesel engines, the yacht reaches a top speed of 19 knots and has a cruising speed of 14 knots.

The interior of the yacht IJE is a masterpiece of luxury, accommodating 22 guests and attended by a dedicated crew of 29.

He also owned the Amels yacht EJI, which he sold to Roman Abramovich. She is now named Halo.