James Douglas Packer (born 8 September 1967) is an Australian businessman and investor.
Packer is the son of the media mogul Kerry Packer and his philanthropist wife, Ros. He is the grandson of Sir Frank Packer. James Packer inherited control of the family company, Consolidated Press Holdings Limited, with investments in Crown Resorts, Zhoapin Pty Ltd and other companies. He is the former executive chairman of Publishing and Broadcasting Limited (PBL) and Consolidated Media Holdings, which predominantly owned media interests across a range of platforms.
In May 2016, Packer’s net worth was assessed as A$5.00 billion by the BRW Rich 200, ranked as the seventh richest Australian;having been the richest person in Australia during 2006 and 2007. Meanwhile, Forbes Asia magazine assessed Packer’s net worth at US$3.5 billion in January 2016, as the sixth richest Australian.
Early life and education
James Packer was born in Sydney, Australia, the son of media mogul Kerry Packer and his wife Roslyn (née Weedon). His grandfather was the media proprietor Sir Frank Packer.
Packer was educated at Cranbrook School in Bellevue Hill, Sydney. After obtaining the Higher School Certificate (HSC) at Cranbrook, he began working at his father’s extensive Newcastle Waters cattle station in the Barkly Tableland of the Northern Territory, where he was a jackeroo. Packer has stated he did not attend university as he “didn’t have the marks”.
His mentors, he has said, include his father and corporate executive Albert J. Dunlap.