James Packer
Australian businessman
James Packer
James Douglas Packer is an Australian businessman. Packer is the son of the late media mogul, Kerry Packer and grandson of Sir Frank Packer. He inherited control of the family company, Consolidated Press Holdings Limited, which controls investments in Crown Limited, Consolidated Media Holdings and other companies.
Biography
James Packer's personal information overview.
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News
News abour James Packer from around the web
Mariah Carey Is A Runaway Bride In Thinly Veiled 'I Don't' Music Video
Huffington Post - 18 days
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Huffington Post article
Billionaire Packer returns to Crown Resorts' board
Reuters.com - about 1 month
SYDNEY, Jan 10 (Reuters) - Crown Resorts Ltd on Tuesday said its biggest shareholder, Australian billionaire James Packer, will return to the casino company's board less than a month after it announced its near-total exit from global gaming hubs Las Vegas and Macau.
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Reuters.com article
Mariah Carey Says Watching Footage of Herself Trying on Wedding Dresses Is 'Bittersweet' - PEOPLE.com
Google News - 3 months
PEOPLE.com Mariah Carey Says Watching Footage of Herself Trying on Wedding Dresses Is 'Bittersweet' PEOPLE.com Less than one year ago, Mariah Carey had a wedding to her billionaire boyfriend James Packer in her future, and she brought cameras along as she tried on wedding dresses for her upcoming E! docu-series. However, following the couple's breakup in late ... Mariah Carey Says Watching Footage of Herself Trying on Her Wedding Dress Is 'Bittersweet'Us Weekly Mariah Carey Watches Herself Try On Wedding Gowns In 'Mariah's World' Clip After SplitHollywood Life Thankful for Photoshop? Mariah Carey Fans Cry Foul on InstagramYahoo News Yahoo Sports -Refinery29 -PerezHilton.com -Entertainment Tonight all 111 news articles »
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Google News article
Mariah Carey and James Packer's split is a mess of money, mansions and gossip grenades - Los Angeles Times
Google News - 4 months
Los Angeles Times Mariah Carey and James Packer's split is a mess of money, mansions and gossip grenades Los Angeles Times Mariah Carey and James Packer at the 27th Annual GLAAD Media Awards in New York City in May. Mariah Carey and James Packer at the 27th Annual GLAAD Media Awards in New York City in May. (Dimitrios Kambouris / Getty Images). By Christie ... Will Mariah Carey Have to Return Her $10 Million Engagement Ring? Probably NotPEOPLE.com Mariah Carey wants ex James Packer to buy her an L.A. mansionNew York Daily News Mariah Carey is blaming Scientology for breakup with billionairePage Six TMZ.com -Jezebel -AOL News -PerezHilton.com all 181 news articles »
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Google News article
Mariah Carey Wants $50 Mil From James Packer - TMZ.com
Google News - 4 months
TMZ.com Mariah Carey Wants $50 Mil From James Packer TMZ.com Mariah Carey has privately made a demand to James Packer ... he needs to pay her $50 mil ... or else. Sources connected to the now warring ex-couple tell TMZ ... Mariah believes James has cost her tens of millions of dollars, and here's why: -- She ... Look Back at Mariah Carey's Relationship With Backup Dancer Bryan Tanaka Over the YearsE! Online Inside Mariah Carey and James Packer's Relationship: From Early Sizzle to the Final FizzlePEOPLE.com Mariah Carey, James Packer Clashed Over Her Spending, His 'Temper': SourcesUs Weekly Daily Beast -PerezHilton.com -Yahoo News -Page Six all 152 news articles »
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Google News article
Mariah Carey's reality show in trouble after huge fight with James Packer?
Fox News - 4 months
The two are “not sure if they will stay together,” according to the rep, and if they don’t, E! may have a big problem on its hands.
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Fox News article
Mariah Carey And Her Billionaire Fiancé James Packer Reportedly Split (UPDATE)
Huffington Post - 4 months
UPDATE (4 p.m. ET): A rep for Mariah Carey gave the following statement to Entertainment Tonight on Thursday:  “Mariah and James had a fight in Greece, and have not seen each other since. The fight was not because of any cheating allegations or excessive spending by Mariah. James is one of the most successful businessmen in the world.  They are trying to work it out. Right now, they’re not sure if they will stay together. They are discussing it, and plan to release an official statement together about their future.” PREVIOUSLY: It may be time to say goodbye to Mariah Carey and James Packer’s endless love.  The singer and billionaire businessman have reportedly called off their engagement, People magazine reported on Thursday. TMZ was the first to break the news.  “They are not together right now. They split a couple of weeks ago,” a Packer source told People. “It’s possible they will get back together. They are still talking, but James needed a break.”  Whatever ...
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Huffington Post article
James Packer Concerned About Detained Crown Employees
Wall Street Journal - 4 months
The Australian billionaire said he was concerned for the detained Crown Resorts employees, in what analysts say may be part of Beijing’s broader crackdown on foreign casinos drawing gamblers abroad.
Article Link:
Wall Street Journal article
Crown employees held in China after late-night raids on homes - The Sydney Morning Herald
Google News - 4 months
The Sydney Morning Herald Crown employees held in China after late-night raids on homes The Sydney Morning Herald Crown Resorts employees including three top Australian executives have been held incommunicado since Chinese police executed a series of late-night raids at their homes across several mainland cities on Thursday. The company, consular officials and ... China detains staff of James Packer's Crown Resorts for suspected gambling crimesThe Australian Crown Resorts staff detained in China could face 10 years jailThe Australian Financial Review Crown Resorts staff detained in China legal blitzFinancial Times NEWS.com.au -ABC Online -9news.com.au -Yahoo7 News all 40 news articles »
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Google News article
Nothing To See Here, Just Mariah Carey Naked In A Bathtub
Huffington Post - 6 months
The stage may feel like home to Mariah Carey, but being naked in a bathtub wearing millions of dollars in diamonds is a close second.  The singer, who is rarely without at least 100 carats on her at all times (her engagement ring alone is 35 carats), posted a photo of her diva-self, decked out in her usual jewels and a full face of makeup early Friday morning. You know, how most of us unwind at the end of a busy work day.   “Bubbly times selfie,” wrote Carey or more likely one of Carey’s many assistants while she probably handed off the phone to finish soaking in her bath.  Bubbly times selfie ❤️✨ A photo posted by Mariah Carey (@mariahcarey) on Sep 9, 2016 at 3:25am PDT “Just got home after a long night at the studio!!!!! New music coming soon yayyyyyy,” wrote Carey.  Just got home after a long night at the studio!!!!! New music coming soon yayyyyyy A photo posted by Mariah Carey (@mariahcarey) on Sep 9, 2016 at 3:10am PDT ...
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Huffington Post article
Macau gaming slump weighs on Australia's Crown
Yahoo News - 6 months
Australia's Crown Resorts Wednesday posted strong full-year net profits boosted by the part sale of its stake in a Macau-focused group, but saw underlying earnings fall as the gaming slump in the Chinese territory ate into revenue. Casino mogul James Packer's Crown Resorts, like other operators, has been hurt by softening demand in Macau following a Chinese corruption crackdown, with the Australian company moving to sell some of its Melco Crown Entertainment stake back to the subsidiary in May. The sale lowered Crown's slice of Melco to 27.4 percent and saw the operator pocket Aus$602 million (US$463.6 million) to boost net profit for the year to June 30 by 146.4 percent to Aus$948.8 million, compared to the previous corresponding period.
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Yahoo News article
Nick Cannon’s Feelings On Mariah Carey Divorce Unravel In New Freestyle Rap
Huffington Post - 8 months
Like any couple going through a divorce knows, breaking up is painful -- even when you're a celebrity. Nick Cannon, host of "America's Got Talent," recently released a freestyle rap focused on his split from Mariah Carey, aptly titled "Divorce Papers." The 35-year-old doesn't attempt to hide the pain he's facing while divorcing Carey, who is also the mother of his two children -- Monroe and Moroccan.  With lyrics like, "My daughter said 'Daddy, why your eyes in tears?'/ Because last time I dropped your brother off, I didn't get a call the next day and it felt like years/ And Imma be honest sometimes I hate to hear/ Y'all on the other line having fun without me," this song is almost too real for anyone going through a similar situation. Things get REALLY real when Cannon drops Eminem's name on the track, though he actually ends up sympathizing with the rapper. The praise is surprising, given that the TV host began beefing with Eminem in 2009 when the rapper released a song ab ...
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Huffington Post article
Readers Sound Off on Jam-Packed Trains and a Treasured Hobby
Wall Street Journal - 9 months
Feedback Friday is where you can find out what issues matter to your fellow New Yorkers. This week: Mass transportation and stamp collecting.
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Wall Street Journal article
Australian billionaire Packer reduces stake in Macau casino group
Reuters.com - 10 months
HONG KONG, May 4 (Reuters) - Australian billionaire James Packer is to step down as co-chairman of Macau casino operator Melco Crown after Crown Resorts cut its stake raising $800 million to fund overseas gaming developments, the companies said on Wednesday.
Article Link:
Reuters.com article
Mariah Carey Reportedly Insures Vocal Cords And Legs For $70 Million
Huffington Post - 11 months
They don't call her a diva for nothing.  Mariah Carey has reportedly insured her "vocal cords and hamstrings" for $35 million each, according to TMZ. The media outlet reports that the singer insured her legs and voice because she's extending her current tour to South America, meaning there's even more money on the line. But considering Carey's engaged to billionaire James Packer, we're wondering if she really needs the extra insurance.  Plenty of people in Hollywood -- like Rihanna, Heidi Klum, Julia Roberts and Bruce Springsteen -- have allegedly insured body parts that are vital to their careers. Jennifer Lopez reportedly even insured her backside for up to $27 million, but she recently shut that rumor down during a "Carpool Karaoke" special with James Corden.  "There is no such thing as that!" Lopez said, getting somewhat heated in her conversation with Corden. "Let's not talk about it."  What do you lambs think?  -- This feed and its contents are the pro ...
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Huffington Post article
Timeline
Learn about memorable moments in the evolution of James Packer
    FORTIES
  • 2016
    Age 48
    Meanwhile, Forbes Asia magazine assessed Packer's net worth at 3.5 billion in January 2016, as the sixth richest Australian.
    More Details Hide Details Packer is the son of Roslyn (née Weedon) and the late media mogul Kerry Francis Bullmore Packer, and grandson of media proprietor 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 worked as 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 Albert J. Dunlap. Packer is chairman of Crown Limited, one of Australia's largest entertainment and integrated resort groups. In October 2013, Crown's market capitalisation was over 11 billion. Every year Crown's Australian resorts attract over 25 million visits. Crown also holds a 33.7 equity interest in Macau based gaming group Melco-Crown (MCE).
    In May 2016, Packer's net worth was assessed as 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.
    More Details Hide Details
    On 21 January 2016, Packer and American singer Mariah Carey became engaged.
    More Details Hide Details He is a republican. Packer and his family have contributed significantly to the wider Australian community through the family foundation, the Packer Family Foundation Board, which is chaired by his sister Gretel. He also is a major contributor through his majority-holding in Crown Resorts, which he chairs. Crown has its own foundation, the Crown Resorts Foundation, which provides funds to the arts, community welfare, education, health care and the environment. In July 2014 Packer launched a new initiative, the National Philanthropic Fund, to which his family foundation, and the Crown foundation would each contribute $100 million over 10 years to support community projects in Australia. In July 2014, Packer announced the launch of the National Philanthropic Fund, funded jointly between himself and Crown Resorts, to support education, arts and other projects.
    The two either were amicably divorced by the end of the year or their divorce still was not finalized as of January 2016 (sources differ).
    More Details Hide Details Packer was involved in a public physical brawl at Bondi Beach in 2014 with David Gyngell, a long-term friend and head of Channel Nine. The fight caused considerable, embarrassing publicity to both parties.
    In 2016 Forbes list of the 50 Richest Australians, Packer's net worth was assessed at 3.5 billion, making him the sixth-richest Australian.
    More Details Hide Details Packer owns residential property in and in, in Sydney's eastern suburbs. The Packer family also have pastoral property holdings in, called Ellerston Station.
    As of January 2016, Forbes magazine estimated Packer's wealth at 3.5 billion, down from the 6.60 billion published by Forbes in their 2014 list of the richest people in Australia.
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  • 2015
    Age 47
    In 2015 BRW Rich 200, Packer's net worth was assessed at 6.08 billion, making him the seventh richest Australian.
    More Details Hide Details On 18 January 2009, The Sunday Telegraph reported that due to ongoing financial problems, Packer's wealth dropped to under 3 billion; also reporting that Packer listed for sale his Mangusta yacht and delayed the purchase of a Boeing Business jet. Yet by mid-2010, it was reported that Packer owned a number of assets including Ellerston Z (a superyacht), Arctic P (a luxury cruise ship and former ice-breaker), a private jet, a 12-seater Sikorsky S-76 helicopter, and a variety of cars including an Aston Martin DB9 coupe.
  • 2014
    Age 46
    In the 2014 wealth rankings by BRW, Packer's wealth was assessed at 7.19 billion, making him the third richest Australian.
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    In December 2014, James Packer signed a deal with Matthew Tripp, which gained Packer control over Tripp's online betting platform, CrownBet, formerly known as BetEasy.
    More Details Hide Details In April 2016 CrownBet pleaded guilty to five counts of breaching laws by publishing illegal betting advertising that offered inducements for NSW residents to gamble. According to the NSW Department of Justice, CrownBet "sought to have the matters finalised without conviction in Downing Centre Local Court.. but Magistrate Joanne Keogh said convictions were necessary for general deterrence to others in the industry and to protect the vulnerable. CrownBet was convicted of the five offences and ordered to pay a total of $10,500 in fines and also ordered to pay... legal costs of $10,000." Packer first appeared on various wealth lists in 2006, following the death of his father the previous year and the intergeneration transfer of the bulk of Kerry Packer's wealth to his son, James. James Packer's wealth was valued at 7.25 billion in 2007, however due to poor investment decisions and falling profits, a television report on 21 June 2007 revealed that Packer had lost in excess of 1 billion over the previous six months. As a result, the 2008 BRW Rich 200 listed Packer as the third richest person in Australia with a personal wealth of 6.1 billion, behind Fortescue Metals Group chief executive Andrew Forrest and Westfield Group's Frank Lowy. That was the first time in 21 years that a member of the Packer family had not topped the list. According to BRW, Packer's wealth dipped to an estimated 3 billion during 2009.
    In October 2014, Packer bought out Peter Holmes à Court's 37.5% share of the ownership of South Sydney Rabbitohs NRL club, becoming Russell Crowe's partner in the venture.
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    The settlement was approved by the Supreme Court of New South Wales on 17 April 2014, with 14.93 million to be paid by the Packer family's Consolidated Press Holdings, 11.77 million to be paid by Packer's Crown Resorts and 13.3 million to be paid by News Corp.
    More Details Hide Details Since his father's death, Packer has moved away from the family's traditional media businesses, and focused on creating a worldwide gambling empire, Crown. Crown is one of Australia's largest entertainment and resort groups. It has businesses and investments in the integrated resort and entertainment sectors in Australia and Macau, and wholly owns and operates a high-end casino in London, Crown Aspinall's. In October 2013, Crown's market capitalization was over $11 billion. Crown's two Australian resorts, Crown Melbourne and Crown Perth, feature over 2,300 hotel rooms, VIP villas, gaming areas, resort pools, luxury spas, signature restaurants and retail, convention centres and live entertainment venues. Every year Crown's Australian resorts attract over 25 million visits. Over one third of Crown's revenue in fiscal 2013 was estimated to be generated from international visitors. The majority of this revenue is from Asian customers. Crown announced investment of over 2.7 billion between fiscal 2009 and fiscal 2016, to upgrade and open new attractions at its Australian resorts.
  • 2012
    Age 44
    In December 2012, Packer and producer-filmmaker Brett Ratner formed a joint venture, RatPac Entertainment.
    More Details Hide Details The firm will produce independent films and co-produce big-budget films with a major studio. RatPac and Dune Entertainment formed a film investment vehicle, which in September 2013, entered a multi-year, 75-film co-financing partnership with Warner Bros. The first film financed by RatPac was a major success. Gravity, a space thriller directed by Alfonso Cuaron and starring Sandra Bullock and George Clooney, generated the strongest ever October opening in the US and took box office receipts of more than 100 million in its first five days. "We all know it (producing movies) is a high-risk business and when your first movie starts like this all you can say is 'thank you', Packer said.
  • 2011
    Age 43
    In late May 2011 Packer made a reported 80 million investment in daily deals sites Scoopon and Catch of the Day through a partnership between his Consolidated Press Holding and several other investors, including Andrew Bassat, a co-founder of Seek.com.au.
    More Details Hide Details
  • 2010
    Age 42
    Packer purchased an 18% stake in Network Ten in 2010, quickly offloading half to Lachlan Murdoch.
    More Details Hide Details Three months later after a dispute with Murdoch over a senior management appointment Packer resigned his Network Ten board seat. There was also speculation that Packer resigned due to a conflict of interest with his interests in Consolidated Media Holdings.
  • 2008
    Age 40
    In October 2008, Packer wrote down his final 25 per cent stake in PBL Media to zero.
    More Details Hide Details By the end of 2012, debt from CVC's acquisition had overwhelmed Channel Nine and US hedge funds ousted CVC, taking 100 per cent ownership. Packer was a director of Australian Telecommunications company One.Tel, which was declared insolvent during May 2001. The collapse of One.Tel cost PBL 327 million. Packer admitted at a PBL Annual General Meeting that he had learned "painful lessons" from the collapse of One.Tel. Later at the liquidator's inquiry over the collapse he denied that he was apologising for his own personal conduct; instead he claimed, "I was making an apology for accepting the bona fides of Mr. Rich and a Mr. Heaney, and the executive directors of One.Tel." In April 2014, Lachlan Murdoch and Packer agreed to a 40 million settlement over the One.Tel failure.
  • THIRTIES
  • 2007
    Age 39
    Packer later married part-time model and singer Erica Baxter, whom he wed in the equivalent of a civil ceremony on 20 June 2007.
    More Details Hide Details The wedding was at the Antibes town hall, and the second ceremony took place at Hotel du Cap – Eden Roc in Cap d'Antibes on the French Riviera. Together, Packer and Baxter have 3 children: daughter Indigo, born 27 July 2008, son Jackson Lloyd, born 1 February 2010, and daughter Emmanuelle Sheelah, born 22 September 2012. In September 2013 James and Erica Packer announced they were separating.
    In June 2007, Packer sold another 25 per cent share of the joint-venture PBL Media to CVC for $515 million.
    More Details Hide Details
  • 2006
    Age 38
    On 17 October 2006, Packer's team finalised a deal to sell 50 per cent of the media assets - which also included a 50 per cent stake in web portal ninemsn and a 51 per cent stake in Carsales - to private equity group CVC Asia Pacific for 4.5 billion, plus an additional billion dollars in equity in the new company, which would be called PBL Media.
    More Details Hide Details
    In March 2006, Packer began discussing whether to sell Channel Nine and the Australian Consolidated Press magazine group to help fund his move into the international gaming and tourism business.
    More Details Hide Details Given changes in media due to the Internet and pay-TV, Packer was concerned about the future of free-to-air television.
  • 2005
    Age 37
    At Packer's urging, the magazine group then controlled by his family, Australian Consolidated Press, acquired a 41 per cent stake in online advertiser carsales in October 2005.
    More Details Hide Details The deal, initially valued at 100 million, was eventually worth 462 million to Packer-controlled entities.
  • 2003
    Age 35
    Packer purchased a 25 per cent stake in SEEK for 33 million in August 2003.
    More Details Hide Details He sold most of his stake six years later for 440 million.
  • 2002
    Age 34
    In 2002, following the breakdown of his first marriage, and the development of a friendship with Tom Cruise, Packer began attending the Church of Scientology in Australia, taking courses on the Church's Dundas business centre.
    More Details Hide Details He subsequently confirmed his involvement with Scientology, saying he had found it "helpful". He later distanced himself from the church.
  • 2000
    Age 32
    Following the dotcom crash of 2000-2001, Packer acquired stakes in the online classified sites SEEK and CarSales, believing that newspaper companies relying heavily on classified advertising were vulnerable to online companies in categories including employment and vehicle listings.
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  • 1999
    Age 31
    On 23 October 1999, he married Jodhi Meares at Packer's home at Bellevue Hill, Sydney.
    More Details Hide Details The relationship only lasted 2 years. They separated in June 2002.
  • CHILDHOOD
  • 1967
    Born
    Born on September 8, 1967.
    More Details Hide Details
Original Authors of this text are noted here.
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