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HomeAll NewsMost read newsBusiness Leaders Biography
Portrait de James Packer
Birthday : 09/08/1967
Place of birth : Sydney - Australia
Public asset : 2,167,387,073 USD
Country of residence : Australia

Biography of James Packer 
James Packer was the fourth richest man in Australia in 2011. He is the son of Kerry Packer, old press baron, who died in 2005.

He is not graduated. In fact his father was convinced that the only way to forge a business man is to do work experience, for this reason he sends him to work in a company of group.

On May 2001 the James Packerĺs story, as director of the Australian company One was finished. In fact the company became insolvent, and this adventure will cost to his family 300 of Australian dollar.

In 2005, after his father death, he inherited the media empire Publishing & Broadcasting. Step by step he left this sector in order to move in entertainment industry, for him much more lucrative.

In 2007, he founded Crown Limited which took over the activities of entertainment of Publishing & Broadcasting Limited, owner of the largest amusement park in the southern hemisphere.

He also has many casinos in Canada, Australia and Las Vegas. In 2007, James Packer concluded a transaction in order to buy three casinos in Las Vegas.

The media branch will be called Consolidated Media Holdings. It owns 25% of Foxtel, the Australian operator of pay television and 50% of Premier Media Group which has many Australian newspapers.
Copyright ę 4-traders.com
Citations
"There is no discussion inside this boardroom to say we've got to get into this or that. We look at every growth opportunity on its merits."

"In a perfect world we don't want to be overly dependent on any single asset or be so dependent on the cycle or where one asset is the bulk of this company."

"I'm a great believer in new technology and I think new technology is very scary for newspaper companies."


Current positions of James Packer 
Holdings of James Packer 
James Packer : Personal Network 
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James Packer : Connections 


Latest news about James Packer 
01/12Crown says likely to back improved $6.5 billion Blackstone buyout offer
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01/12Crown says likely to back improved $6.5 bln Blackstone buyout offer
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2021BLACKSTONE INC. (NYSE : BX) cancelled the acquisition of remaining 90% stake in Crown Resorts Limited from James Packer and others.
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2021Blackstone makes sweetened $6.2 billion play for Australia's Crown
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2021Blackstone makes sweetened $6.2 bln play for Australia's Crown
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2021JAMES PACKER : Australian billionaire Packer admits to 'many oversights' in Crown's governance
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2021REFILE-UPDATE 1-Australian billionaire Packer admits to 'many oversights' in Crown's governance
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