Billionaire Profile
Anthony Pratt
Global Rank
#450

Image: Public domain | via Wikimedia Commons

Anthony Pratt

CEO, Visy Industries
AU
Real-Time Net Worth
$7.9B
As of December 2025
Age
65
Source
Manufacturing
Industry
manufacturing
Citizenship
AU

Biography

Anthony Pratt is an Australian businessman, currently ranked #369 on Forbes' 2025 Billionaires list. As the Executive Chairman of Visy Industries and Pratt Industries, he leads the world's largest privately owned packaging and paper company. His wealth stems from the manufacturing industry, building on the foundation laid by his father, Richard Pratt. Pratt has significantly expanded the family business, especially in the US, while also being recognized for his philanthropic efforts, pledging $1 billion to charity.

Wealth Over Time

In-Depth Profile

Early Life and Education

Anthony Joseph Pratt was born on April 11, 1960, in Melbourne, Australia, to Polish-Jewish immigrants. 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 & Company in 1982. He later joined the family business, Visy Industries, and in 1991, spearheaded the company's expansion into the United States. Under his leadership, Pratt Industries experienced significant growth. He returned to Australia in 2009 to become the Global Executive Chairman of Visy Industries.

Key Business Strategies

Pratt's business strategy has focused on sustainable packaging solutions and integrating recycling into packaging production. He oversaw the acquisition of numerous corrugated manufacturing companies, which now form a core part of Pratt Industries. Pratt Industries has become the largest privately held paper and packaging company in the United States.

Philanthropy

Pratt is a prominent philanthropist. The Pratt Foundation, established by his parents, has donated hundreds of millions of dollars to charities worldwide. He pledged to give away $1 billion to charity before he dies.

Career Milestones

1982

Joined McKinsey & Company

Began career at the management consulting firm.

1988

Deputy Chairman of Visy Industries

Assumed the role within the family business.

1991

Led US Expansion of Visy/Pratt Industries

Spearheaded the expansion, leading to significant growth.

2009

Executive Chairman of Visy Industries

Returned to Australia to become Global Executive Chairman after his father's death.

Philanthropy & Social Impact

General Philanthropy

Pratt Foundation

$XB

Supports charitable enterprises and adds value to philanthropy

Environmental Causes

Commitment to Recycling and Clean Energy

$1B

Committed to investing in clean energy and recycling infrastructure

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.""

Leadership Principles

Sustainability

Focus on environmentally friendly business practices and promoting recycling.

Steady Growth

Long-term focus on sustainable and consistent expansion of business operations.

Controversies & Challenges

2007

Price Fixing Fine

Visy Industries received a $36 million fine for price fixing.

2023

Trump Nuclear Secrets Allegations

Reports that Pratt was told sensitive information by Donald Trump.