Together, Packer and Baxter have three children: daughter Indigo, born 27 July 2008, son Jackson Lloyd, born 1 February 2010, and daughter Emmanuelle Sheelah, born 22 September 2012. 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. Packer later married part-time model and singer Erica Baxter, whom he wed in the equivalent of a civil ceremony on 20 June 2007. By the end of 2012, debt from CVC's acquisition had overwhelmed Channel Nine and US hedge funds ousted CVC, taking complete ownership. In October 2008, Packer wrote down his final 25% stake in PBL Media to zero. In June 2007, Packer sold another 25% share of the joint-venture PBL Media to CVC for $515 million. On 17 October 2006, Packer's team finalised a deal to sell 50% of the media assets-which also included a 50% stake in web portal Ninemsn and a 51% stake in Carsales-to private equity group CVC Asia Pacific for A$4.5 billion, plus an additional A$1 billion in equity in the new company, which would be called PBL Media. Given changes in media due to the Internet and pay-TV, Packer was concerned about the future of free-to-air television. 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. His father did not want to send him to college and instead put him to work at a cattle station. In the 2017 Forbes list of the 50 Richest Australians, Packer's net worth was assessed at US$3.9 billion, making him the ninth-richest Australian. In 2015 BRW Rich 200, Packer's net worth was assessed at A$6.08 billion, making him the seventh-richest Australian.Īs of January 2019, Forbes magazine estimated Packer's wealth at US$3.6 billion, down from the US$6.60 billion published by Forbes in their 2014 list of the richest people in Australia. In the 2014 wealth rankings by BRW, Packer's wealth was assessed at A$7.19 billion, making him the third-richest Australian. In its 2013 BRW Rich 200 list, Packer was ranked third with his wealth estimated at A$6.0 billion, a boost of A$1.1 billion on the previous year. According to BRW, Packer's wealth dipped to an estimated A$3 billion during 2009. That was the first time in 21 years that a member of the Packer family had not topped the list. The 2008 BRW Rich 200 listed Packer as the third-richest person in Australia with a personal wealth of A$6.1 billion, behind Fortescue Metals Group chief executive Andrew Forrest and Westfield Group's Frank Lowy. A television report on 21 June 2007 alleged that Packer had lost in excess of A$1 billion over the previous six months in 2007 due to poor investment decisions and falling profits. James Packer's wealth was valued at A$7.25 billion. 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. Forbes Asia magazine assessed Packer's net worth at US$3.6 billion in January 2019, the ninth-richest Australian. In May 2019, Packer's net worth was assessed as A$4.94 billion by the Financial Review Rich List, ranking him as the thirteenth-richest Australian he was the richest person in Australia in 20. Richest person on earth all the time follow our database. With the net worth of $3.7 Billion, James Packer is the #
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