Billionaire Profile
G
Global Rank
#2333

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

Gretel Packer

CEO, Crown Resorts
AUSTRALIA
Real-Time Net Worth
$1.783B
Estimated based on Crown Resorts stock value as of April 20, 2026
0% (24h)
Age
59
Source
Investments
Industry
finance-investments
Citizenship
AUSTRALIA

Biography

Gretel Packer, born in August 1965, is an Australian billionaire investor and philanthropist. As the daughter of media mogul Kerry Packer, she inherited investments after his death, becoming a billionaire through strategic holdings and investments. Known for her low profile, Packer chairs the Packer Family Foundation and established the $160 million National Philanthropic Fund in 2014. She has been involved in community activities and charities, including the arts, education, and environmental science, carrying on her family's legacy.

Fact Checked
Verified by Editorial Team
Live Data
Updated 4/20/2026

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. Her grandfather was Sir Frank Packer, who founded the Australian Consolidated Press. She attended Ascham School. Growing up in a wealthy family, she had access to significant privileges.

Rise to Success

Gretel Packer became a billionaire after her brother James split their family estate a decade after their father's death in 2005. Following the death of her father, she inherited investments in Crown Resorts and other companies. Her wealth has grown through strategic holdings and diversified investments.

Key Business Strategies

Gretel Packer is known for maintaining a low profile, focusing on investments and philanthropy. She has expanded her property holdings, recently purchasing a neighboring property in Bellevue Hill for $59 million. She is involved in the Packer Family Foundation and is an arts patron.

Philanthropy

Gretel Packer is a dedicated philanthropist. She was the driving force behind the establishment of the $160 million National Philanthropic Fund in 2014, which is supported by the Packer Family Foundation, where she serves as chair. Her philanthropic interests include supporting the arts, education, and environmental science. She is involved with the Art Gallery of New South Wales, the Sydney Theatre Company, and the Taronga Zoo.

Career Milestones

2005

Inheritance

Inherited investments in Crown Resorts and other companies after the death of her father, Kerry Packer.

2014

National Philanthropic Fund

Established the $160 million National Philanthropic Fund.

2020

Member of the Order of Australia

Appointed a Member of the Order of Australia (AM) for service to the visual and performing arts.

Philanthropy & Social Impact

Philanthropy

National Philanthropic Fund

$160M

Supports education, community welfare, arts, and culture