James Packer
James Douglas Packer is an Australian billionaire businessman and investor. Packer is the son of Kerry Packer AC, a media mogul, and his wife, Roslyn Packer AC. He is the grandson of Sir Frank Packer.
- Packer is the largest shareholder of Crown Resorts, which owns casinos in Australia and London. He took over the empire of his late father, Kerry.
- Packer stepped down from Crown Resorts’ board in March 2018. Four months later, he resigned from the board of his family company, Consolidated Press.
- Packer’s board exits were reportedly due to mental health issues, following a tough year when Crown exited its Macau and U.S. gambling investments.
- Packer settled with his older sister Gretel in 2015, agreeing to a division of assets 10 years after their late father’s death.
- Gretel, also a billionaire, boosted her fortune after reportedly renegotiating the settlement with her brother in late 2017.