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MarketScreener Homepage  >  News  >  Business Leaders  >  Business Leaders Biography

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Portrait de James Packer
Birthday : 09/08/1967
Place of birth : Sydney - Australia
Public asset : 3,254,676,182 USD
Country of residence : Australia

Summary 
James Douglas Packer is a businessperson who has been at the helm of 5 different companies. Mr. Packer is on the board of Burswood Ltd., Consolidated Gaming Pty Ltd. and Nobu Hospitality LLC.

Mr. Packer previously held the position of Senior Executive Director at Crown Resorts Ltd., Chairman at Consolidated Press Holdings Pty Ltd., Executive Chairman for Publishing & Broadcasting Ltd., Executive Chairman of Consolidated Press Holdings Ltd. and Deputy Chairman of Melco Resorts & Entertainment Ltd.


Current positions of James Packer 
NameTitle Since
Burswood Ltd. Director 2004
Consolidated Gaming Pty Ltd. Director -
Nobu Hospitality LLC Director -


Holdings of James Packer 
NameEquities%Valuation
Crown Resorts Ltd (CWN)
Casinos & Gaming
316,928,30246.1%3,254,676,182 USD


James Packer : Personal Network 
NameLinked companies
John Henry Alexander Burswood Ltd.
John Poynton Burswood Ltd.
Rowen Bruce Craigie Burswood Ltd.
Timothy A. Roberts Burswood Ltd.
Barry J. Felstead Burswood Ltd.
Ashok Peter Jacob Consolidated Gaming Pty Ltd.
Sarah Monaldi Burswood Ltd.
Fiona Elizabeth Harris Burswood Ltd.


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 Packer’s 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 © 4-traders.com / Photo © Reuters

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."


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James Packer : Connections 
Aspers Holdings (Jersey) Ltd.
Azure Capital Pty Ltd.
Seek Asia Pte Ltd.
Jindalee Partners Pty Ltd.
Vierville Capital LLC
Infigen Energy (Bermuda) Ltd.
Future Fund Board of Guardians
Aspinalls Holdings (Jersey) Ltd.
The Institute of Chartered Accountants in Australia


Latest news about James Packer 
08/09CROWN RESORTS : Annual Profit Declines Amid Mixed Trading
DJ
07/25CROWN RESORTS' : Australian tax dispute headed for court challenge
RE
07/19Billionaire James Packer quits 22 boards, deepens corporate withdrawal
RE
07/19JAMES PACKER : Billionaire James Packer quits 22 boards, deepens corporate withdrawal
RE
07/10NEWS HIGHLIGHTS : Top Financial Services News of the Day
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07/10JAMES PACKER : Top Financial Services News of the Day
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07/09Financials Climb Alongside Bond Yields -- Financials Roundup
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