James Packer decides to keep $283 million yacht after one low offer

Billionaire James Packer has decided to keep his $283 million mega-yacht after receiving ‘one paltry low-ball offer’ since he put it on the market six months ago.

The trials and tribulations that came with the construction of James Packer’s multimillion-
dollar yacht have been well documented.

Then came news at the end of last year that the casino mogul was selling the Italian-built vessel, listing it for $283 million following just a few Mediterranean sojourns.

Now, Sunday Confidential hears Packer has decided to keep the giga-yacht (over 300ft) having received just “one paltry low-ball offer” since he put it on the market.

James Packer is going to keep his superyacht.

The billionaire businessman bought the yacht in 2019.

It boasts a cinema, nightclub, swimming pool and barber’s salon, and was originally purchased for around $200 million.

Named IJE — believed to be after his three children Indigo, Jackson and Emmanuelle — it has been listed on the site of international superyacht broker Burgess Yachts.

The listing states that it was “built as the ultimate world-cruising family yacht for a very experienced owner” and can fit 22 guests in 11 cabins, which includes a private owner’s deck.

Packer’s purchase of IJE came after he gave his 288-foot Arctic P yacht to his sister Gretel in 2017.

Before that he owned the 170-foot Amels Seahorse, offloading that one in 2015.

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Originally published as James Packer decides to keep $283 million yacht after one low offer