Billionaire Profile
James Packer
Global Rank
#1108

Image: Public domain | via Wikimedia Commons

James Packer

CEO, Crown Resorts
AU
Real-Time Net Worth
$3.4B
As of December 2025
Age
58
Source
Investments
Industry
finance-investments
Citizenship
AU

Biography

James Packer, born in Sydney, Australia, in 1967, is an Australian billionaire businessman and investor. He is known for inheriting and expanding his family's wealth, particularly through investments in the entertainment and gaming industries. Packer's career includes significant roles as the former executive chairman of Publishing and Broadcasting Limited (PBL) and Crown Resorts. As of 2024, his net worth is estimated at $3.4 billion, primarily sourced from investments. His career has also been marked by various ventures and controversies, including his involvement with Crown Resorts, One.Tel, and his personal relationships.

Wealth Over Time

In-Depth Profile

Early Life and Education

James Packer was born in Sydney, Australia, on September 8, 1967. He is the son of media mogul Kerry Packer and Roslyn Packer, a philanthropist. His grandfather was Sir Frank Packer. Packer was educated at Cranbrook School in Bellevue Hill, Sydney. Despite his family's wealth and influence, he did not attend university after obtaining his Higher School Certificate (HSC).

Rise to Success

Packer inherited control of Consolidated Press Holdings Limited, the family company, as well as investments in Crown Resorts and other companies. He served as the executive chairman of Publishing and Broadcasting Limited (PBL) and Consolidated Media Holdings. His career highlights include his role in expanding Crown Resorts, a casino and resort company, and his investments in online classified sites Seek and Carsales.com.

Key Business Strategies

Packer diversified his investments into the entertainment and gaming industry, primarily through Crown Resorts. He focused on creating a worldwide gambling empire. Packer also acquired stakes in online classified sites and formed joint ventures. His strategies have included investments in high-end casinos and luxury resorts. He has also invested in real estate.

Philanthropy

Packer has been involved in philanthropy through the Packer Family Foundation and the Crown Resorts Foundation. In July 2014, the two foundations launched the A$200 million National Philanthropic Fund, one of Australia's largest philanthropic commitments. The fund supports Indigenous education opportunities, the arts and culture, and partnerships with organizations that encourage and foster social cohesion. In 2023, he donated $7 million to the University of New South Wales for mental health research.

Career Milestones

1990s

Inherited Control of Consolidated Press Holdings Limited

James Packer inherited control of his family's company, marking a significant step in his business career.

1998

Executive Chairman of Publishing and Broadcasting Limited (PBL)

Packer became executive chairman of PBL, overseeing media interests.

2005

Inherited Wealth After Father's Death

He inherited a substantial portion of his father's wealth.

2018

Resigned as Executive Chairman of Crown Resorts

Packer stepped down from his role at Crown Resorts.

Philanthropy & Social Impact

Philanthropy

National Philanthropic Fund

$200M

A fund supporting the arts and Indigenous education.

Mental Health Research

Mental Health Research at UNSW

$7M

Donation to UNSW Sydney to advance mental health research

Disaster Relief

Bushfire Relief

$4M

Support for bushfire relief efforts in Australia.

Business Philosophy & Leadership

Notable Quotes

"I prefer to be sitting on the beach, but I can't. I want to be a billionaire."

"People can make a real difference. One person at a time, one job at a time, one life at a time."

"My father was an amazing man. No person is perfect, and no father-son relationship is perfect. He wanted me to live my life my way and never think about what he would have done or what he would have wanted to do."

"It is my biggest regret that I let my marriage to Erica fail. It is what it is, and she is doing an incredible job with the kids, and we are in a great place."

"Stop viewing China like it's the Cold War. Start viewing them as a modern member of the industrialized world."

Leadership Principles

Focus on Operations

Ensure the best people are in operations and strive for continuous improvement.

Adapt to Change

Recognize and adapt to the changing world, including technological advancements.

Controversies & Challenges

2014

Bondi Beach Brawl

Packer was involved in a physical altercation with David Gyngell.

2016

Gifts to Israeli PM

Israeli Police investigated reports of Packer giving gifts to Prime Minister Benjamin Netanyahu's family.

2019

Hollywood Sex Scandal

Texts he sent to former girlfriend Charlotte Kirk were leaked.

2020

Crown Resorts Inquiry

Inquiry into Crown Resorts' suitability to hold a casino license in NSW.