James Packer
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James
Packer explores establishing polo club and complex
in UK
James
Packer prepared to battle One.Tel - Rich
Packer's
Crown to host biggest and best ever Aussie Millions
in Jan 2010
Crown
may open another casino in Victoria
James
Packer delivered a keynote address at tonight’s
celebration of the 15th anniversary of the Victor
Chang Cardiac Research Institute in Sydney - 1st August
2009
Why
funding heart research is a sound social investment,
by James Packer
(Credit:
The Sydney Morning Herald)
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James
Packer (Crown
Holdings) and Richard
Branson (Virgin Enterprises Limited) talk
at the Australian
Formula 1 Grand Prix, Melbourne, Australia
-
March 2009
James
Packer opens the City
of Dreams, Macau - 1st June 2009
James
Packer and Erica
Baxter
James
Packer and Lawrence Ho
Betfair
Australia website
James
Douglas Packer (born September 8, 1967) is an
Australian businessman and Australia's third richest
man.
Packer
is the son of the late billionaire media mogul
Kerry
Packer and grandson of Frank Packer. James
Packer is the Executive Chairman of Publishing
and Broadcasting Limited (PBL), which owns some
stations of the Australian commercial television
network Nine.
He also inherited the family private company:
Consolidated Press Holdings Pty Ltd, which control
investments in PBL and other companies.
Biography
Packer was educated at the Tudor House School in Moss
Vale and at Cranbrook School. After obtaining the
Higher School Certificate ( HSC ) at Cranbrook, Kerry
decided it was time to toughen his son up to prepare
him for the world of business. He was sent to his
father's massive Newcastle Waters cattle station in
the Northern Territory, where he worked as a jackeroo.
His father dismissed the idea of sending young James
to University by saying "Why would he want to
go [to University]. To go learn to smoke marijuana?"]
Besides
his father, his toughest mentor has been Albert J.
Dunlap. Dunlap is known in American business circles
for shedding massive numbers of company workforces
to improve the finances of corporations. His tenure
at Sunbeam is a specific example.
One.Tel
James Packer was a director of Australian Telecommunications
company One.Tel, which was declared insolvent
during May 2001. The collapse of One.Tel cost
PBL AU$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 apologizing for his own
personal conduct. Instead he claimed, "I
was making an apology for accepting the bona fides
of Mr. Rich and a Mr. Tim Heaney, and the executive
directors of One.Tel."
Current interests
Since his father's death, James has moved away
from the family's traditional media businesses,
and focused on creating a worldwide gambling empire.
The purchase of the Burswood
Entertainment Complex in Perth Australia adds
to PBL's gaming business. James now wishes to
add further gaming assets in Macau in partnership
with Stanley Ho. He's also teaming up with Damian
Aspinall, son of John
Aspinall, in creating a group of casino complexes
in Great Britain called Aspers.
He already has a stake in casinos in London's
West End, Swansea and Newcastle. Unfortunately
for Packer, his bid for a UK "supercasino"
based in Cardiff fell through when only one licence
was granted to the northern city of Manchester.
PBL also owns 50% of the only gambling company
Betfair.
Packer also owns Melbourne's Crown
Casino, Australia's largest casino.
Packer
is part of the Australian consortium looking to purchase
Aston Martin from Ford, a venture viewed with much
scepticism due to Aston Martin's turbulent loss-making
past.
Wealth
James Packer is reportedly worth over $3 billion.
Personal
Life
Packer's past girlfriends have included Tania
Bryer and Joan Severance. After breaking off a
two year engagement to Kate Fischer, in October
1999, he married swimsuit model Jodhi Meares.
In
June 2002 Packer and Meares separated. Despite
rumours of reuniting with his ex-wife, Packer
became engaged to model Erica
Baxter whom he has dated on and off for 4
years.
Update:
James Packer married Erica Baxter in July 2008
Scientology
In 2002, Packer began attending the Church of
Scientology, taking courses on the Church's Dundas
campus. It was reported in the Australian media
that Tom
Cruise had urged Packer to join Scientology
and begin auditing sessions. Tom Cruise had a
very close male bonding, especially after his
separation from Kidman. The Sydney Morning Herald
said "the bond between the two men strengthened
in the wake of the collapse of telephony company
One.Tel last year and his separation from wife
Jodhi in June". During this time, Packer
traveled extensively to the Scientology Celebrity
Centre in Los Angeles.
It
has been reported by the Australian Daily Telegraph
that Packer was an extra in Cruise's film The
Last Samurai. (Credit:
Wikipedia)
Other
James
Packer owns property and is often seen at Bondi
Beach
James
Packer officially opened City
of Dreams, Macau, in June 2009
Websites
City
of Dreams
Melco
Crown Entertainment
Altira
Macau
Publishing
and Broadcasting Limited
Australian
Consolidated Press
Crown
Casino
Burswood
Casino
Profiles
Kerry
Packer
Erica
Baxter
City
of Dreams
Crown
Casino
Burswood
Entertainment Complex
Network
Nine
Gaming
Casino
ACP
Cricket
Bondi
Beach
2009
Articles
Why
funding heart research is a sound social investment,
by James Packer
(Credit:
The Sydney Morning Herald)
Australia's
Crown Casino and James Packer on the Upswing -
3rd April 2009
Virgin
king and Crown Casino king talk shop and Media
Man makes a play -
2nd April 2009
James
Packer Scraps Cannery Casino Resorts Crown Casino
Deal - 13th March 2009
My
Thoughts on Casino Mogul James Packer, by Greg
Tingle - 7th March 2009
James
Packer, Crown Casino Help With Australia Fires
Burswood
and Crown unite to support bushfire tragedy -
February 2009
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James
Packer gets married to Erica Baxter
Disclaimer:
Media Man does not represent James Packer
Media
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