James Packer

About James Packer

Son of legendary media tycoon Kerry Packer inherited $5 billion empire after dad’s death in 2005. The Packer name had been linked to free-to-air television in Australia for decades, but he appeared to abandon the sector.Quick to put personal stamp on business, had spun off media assets and bet on gaming business Crown, which started trading in December 2007. However, Packer shocked the market in October 2010 by buying a $280 million stake in broadcaster Ten Network, then soon after selling half the stake to Rupert Murdoch’s son Lachlan Murdoch and getting a board seat.

Net Worth: $3.5 Billion

• Source of Wealth Media (PBL), Inherited
• Birth Place Sydney, Australia
• Marital Status Divorced (Erica Packer)
• Full Name James Douglas Packer
• Nationality Australian
• Date of Birth September 8, 1967

• Occupation Businessman
• Education Cranbrook School
• Children 3 (Emmanuelle Sheelah, Indigo, Jackson Lloyd)

  Earnings & Financial Data

  Earnings 2015	N/A
  Sale of Asset 2015 Value of his Bellevue estate upon sale	$70,000,000

  Earnings 2014	N/A
  Asset Mar. 2014 Venture investment in Beats Music	$60,000,000

  Earnings 2013	N/A
  Asset Oct. 2013 Value of Crown's investment in Melco Crown Entertainment	$6,200,000
  Asset Mar. 2013 Venture investment in Beats Music	$60,000,000
  Asset 2013 Value of market capitalisation of Crown Limited	$11,000,000

  Earnings 2012	N/A
  Sale of Asset 2012 Value of pay-TV company Consolidated Media Holdings when sold to News Corp	$1,000,000,000

  Earnings 2011	N/A
  Asset May. 2011 Value of his investment in daily deals sites "Scoopon" and "Catch of the Day"	$83,000,000

  Earnings 2009	N/A
  Sale of Asset 2009 Value of most of the 25% stake he had in SEEK upon sale	$310,000,000

  Earnings 2007	N/A
  Sale of Asset 2007 Value of the 25 per cent share of the joint-venture PBL Media upon sale to CVC	$515,000,000

  Earnings 2006	N/A
  Sale of Asset 2006 Value of the deal upon sale of 50 per cent of the media assets including 50 per cent stake in web portal ninemsn and a 51 per cent stake in Carsales to private equity group CVC Asia Pacific	$3,500,000

  Earnings 2005	N/A
  Asset 2005 Value of the business he inherited upon the death of his father	$5,000,000
  Asset 2005 Value of the deal upon acquisition of 41% stake in online advertiser carsales	$325,000,000