Billionaire Profile
Anthony Pratt
Global Rank
#228

Image: Pratt Industries | CC BY-SA 3.0 | via Wikimedia Commons

Anthony Pratt

CEO, Manufacturing
AUSTRALIA
Real-Time Net Worth
$12.782B
Estimated based on Manufacturing stock value as of March 6, 2026
0% (24h)
Age
65
Source
Manufacturing
Industry
Manufacturing
Citizenship
AUSTRALIA

Biography

Anthony Pratt is an Australian businessman and the Executive Chairman of Visy Industries and Pratt Industries, the world's largest privately-owned packaging and paper company. Born on April 11, 1960, Pratt is the heir to the Visy legacy, founded by his grandfather. His source of wealth is primarily manufacturing, with a net worth estimated at $11.4 billion as of February 2, 2026. Pratt's career includes expanding Pratt Industries into the U.S., making it the largest U.S. manufacturer of corrugated cardboard. He has been recognized for his leadership and commitment to sustainability, focusing on 100% recycled paper and packaging. He is a strong supporter of the reindustrialization of America.

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Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life and Education

Anthony Joseph Pratt was born on April 11, 1960, in Melbourne, Victoria, Australia, to Polish-Jewish immigrants Richard Pratt and Jeanne Pratt. He attended Mount Scopus Memorial College and graduated from Monash University, Melbourne, with a Bachelor of Economics (Hons) in 1982.

Rise to Success

Pratt began his career at McKinsey & Co. before joining the family business, Visy Industries. In 1991, he spearheaded the expansion of Pratt Industries into the United States, growing it into a multi-billion dollar enterprise and the largest U.S. manufacturer of corrugated cardboard. Under his leadership, Pratt Industries focused on sustainable packaging, producing 100% recycled paper products.

Key Business Strategies

Pratt's business strategy included acquiring recycling plants and building modern facilities to produce paper and packaging materials with reduced environmental impact. He has invested billions in building and buying over 70 factories in the U.S.. His focus on sustainability and green manufacturing has been a key driver of the company's success.

Philanthropy

Pratt's philanthropic efforts are channeled through the Pratt Foundation, supporting various charitable enterprises. He has committed to investing in recycling and clean energy infrastructure to create manufacturing jobs. He has also been involved in the Australian-American Leadership Dialogue.

Career Milestones

1982

Graduated from Monash University

Obtained a Bachelor of Economics (Hons) degree.

1982

Joined McKinsey & Co.

Began career with the management consulting firm.

1988

Deputy Chairman of Visy Industries

Assumed the role of Deputy Chairman at Visy Industries.

1991

Moved to the U.S.

Led the expansion of Pratt Industries into the United States.

2009

Executive Chairman of Visy Industries

Became Executive Chairman after his father's death.

2013

Honorary PhD

Awarded an honorary PhD by Monash University.

2020

North American CEO of the Year

Awarded by Fastmarkets RISI.

2020

Executive Papermaker of the Year

Awarded by PaperAge.

2025

Investment Pledge

Announced a $5 billion investment pledge to support reindustrialization in America.

Philanthropy & Social Impact

General Philanthropy

Pratt Foundation

Hundreds of millions

Supports various charitable enterprises.

Disaster Relief

Kentucky Storm Relief Fund and Tri-State Food Bank

$2M

Donated to the relief fund and food bank.

Economic Development

Investment in U.S. Manufacturing

$5B

Pledged to create 5,000 manufacturing jobs.

Business Philosophy & Leadership

Notable Quotes

"My policy in America is 'steady growth is forever.'"

"We think sustainability is a wave that's not going away anytime soon."

"To make America great again we need to make in America again."

Leadership Principles

Sustainability

Focusing on 100% recycled paper and packaging.

Reinvestment

Reinvesting profits back into the business.

Steady Growth

Long-term focus on sustainable growth.

Controversies & Challenges

2019

Tax Avoidance

Pratt Consolidated Holdings paid little tax despite substantial revenue.

2023

Trump Nuclear Secrets

Accusations of sharing sensitive information with others.