Billionaire Profile
G
Global Rank
#2270

Image: CableTelevision | CC BY-SA 4.0 | via Wikimedia Commons

Gretel Packer

CEO, Crown Resorts
AUSTRALIA
Real-Time Net Worth
$1.753B
Estimated based on Crown Resorts stock value as of March 6, 2026
+0.16% (24h)
Age
59
Source
Investments
Industry
finance-investments
Citizenship
AUSTRALIA

Biography

Gretel Packer is an Australian billionaire investor and philanthropist, inheriting her wealth from investments and the legacy of her father, media mogul Kerry Packer. Her career has been marked by a commitment to the arts, education, and environmental science. As the chair of the Packer Family Foundation, she has spearheaded numerous philanthropic initiatives, including the establishment of a $200 million National Philanthropic Fund. Her influence extends through her positions on the boards of prominent cultural institutions, contributing significantly to the community's well-being. Gretel Packer, born in August 1965, is a driving force in Australian philanthropy, continuing her family's legacy of supporting various causes and initiatives.

Fact Checked
Verified by Editorial Team
Live Data
Updated 3/6/2026

Wealth Over Time

In-Depth Profile

Early Life

Gretel Lees Packer was born in August 1965, in Sydney, Australia. She is the daughter of Kerry Packer, a prominent media mogul, and Roslyn Packer, a philanthropist. Her grandfather was Sir Frank Packer, the founder of Australian Consolidated Press. Gretel grew up in a family deeply involved in business and philanthropy, which significantly shaped her future path.

Rise to Success

After her father's death in 2005, Gretel Packer inherited investments in Crown Resorts and other companies. She solidified her financial standing in 2015 with a settlement with her brother, James Packer. Gretel became a successful businesswoman in her own right, continuing her family's legacy in various business and philanthropic endeavors. She has been involved with several companies, including Crown Resorts, Consolidated Press Holdings, and the Nine Network.

Key Business Strategies

Gretel Packer's business strategies have been primarily focused on maintaining and growing the family's investments. Her key role has been in overseeing and managing the family's extensive portfolio, including assets in the media and entertainment sectors. She is known for her careful stewardship of the Packer family's financial interests.

Philanthropy

Gretel Packer is deeply committed to philanthropy, following in the footsteps of her mother. She is the chair of the Packer Family Foundation, which supports various causes, including Indigenous education, community welfare, and the arts. Gretel was the driving force behind the establishment of the $160 million National Philanthropic Fund in 2014. The Packer Family Foundation has provided $100 million to communities across Australia through medical, arts, community, and education grants. Gretel Packer's work has been celebrated by many in the arts and community, and she continues to support these and other endeavors.

Career Milestones

2005

Inherited Investments

Inherited investments in Crown Resorts and other companies after her father's death.

2014

Established National Philanthropic Fund

Drove the establishment of a $160 million National Philanthropic Fund.

2015

Settlement

Reached a settlement with her brother, James Packer.

Philanthropy & Social Impact

Philanthropy

National Philanthropic Fund

$200M

Supports arts and Indigenous education.

Arts and Culture

Arts and Culture

$50M

Provided to arts institutions and creative learning programs since 2015.

Community Welfare

Medical and Wellbeing Programs, Community Partnerships, and Education

$50M

Funds provided since 2015.