Few investors could understand the suffocating weight of expectation that comes with having a larger-than-life father like Ashok Jacob.
Close as he was to the imposing Kerry Packer – once CEO of his CPH Holdings and in 2005 dubbed “Packer’s Mister Midas” – he later set up Ellerston Capital, a fund manager of choice for Australia’s rich families. That, of course, included some of James Packer’s mammoth inheritance.
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Mark Di Stefano is Rear Window columnist, based in the Sydney newsroom. He previously worked at BuzzFeed, the Financial Times and The Information before joining the Financial Review as a media and tech correspondent. Connect with Mark on Twitter. Email Mark at mark.distefano@afr.com
