Winning bet: Packer’s $5bn Crown coup
By selling Crown at exactly the right time and at a spectacularly high price, James Packer has ‘made’ at least $5bn and possibly as much as $7bn.
By selling Crown at exactly the right time and at a spectacularly high price, James Packer has ‘made’ at least $5bn and possibly as much as $7bn.
The James Packer, Russell Crowe and Mike Cannon-Brookes-owned South Sydney Rabbitohs have a new valuation for their rugby league club of almost $46m.
Billionaire James Packer is still thought of by many as a casino king but he sold out of Crown Resorts in 2022 and now has investments in property, shares and football teams.
He’s long been averse to borrowing money and billionaire James Packer was terrified by the size of debt he once accumulated, so why has he cooked up a new finance vehicle?
PwC and global law firm Sidley Austin have been added to the list of creditors seeking payment from Scale and its chief scoundrel David Collard.
Theo Onisforou used to advise Kerry Packer and since 1994 has had a business association with scion James. But apparently that’s all come to and end – and not entirely amicably.
The latest addition to Sydney’s beachside apartment scene by developer Tim Price will eschew chandeliers for surf board racks and comes with the financial backing of tycoon James Packer.
As the company formerly backed by James Packer fights to keep its casino licences, it has unveiled its own gambling reforms aimed at re-establishing its reputation as a resort destination.
Glam rockers Skyhooks sang of Balwyn Calling and, while that was about a one-night stand, apparently James Packer is invested in a strong relationship with the suburb of the same name.
The latest fine takes the total penalties that Victoria’s new gaming regulator has issued Crown to $250m as it cleans up after the state’s royal commission into the group.
Billionaire James Packer has made a multimillion-dollar donation to a cause that’s very close to his heart.
James Packer, who has struggled with bipolar disorder, is giving $7m to the University of NSW to boost mental health research.
Why is James Packer going out of his way to return one of his most healthy-looking entities from Barbados to tax-heavy Sydney?
It’s a delicate time for home building companies and Frank Walker’s National Tiles could be sweating on a fast-closing deadline for its $33m borrowings from NAB.
Billionaire James Packer has removed all directorial oversight from first wife Jodhi Meares’ company, The Upside Corp – signalling growing trust in a more streamlined empire.
The billionaire mogul has been photographed touching down in Sydney for the first time in three years.
The billionaire is trying his hand at apartment development in Sydney’s Potts Point – at the ‘Paris end’ of Macleay St, as locals describe it.
The Labor MP, who owns so many properties he scribbled down the wrong address on his electoral paperwork, has been conspicuously quiet about his wife’s direct interests — until now.
The casino group, formerly backed by James Packer, has released its legal response to the lawsuit Austrac launched last March.
James Packer’s imminent arrival at his Barangaroo penthouse has workers frantically cracking on to get the fit-out finished.
Nothing like a massive dump of political disclosures to measure corporate Australia’s appetite for flicking cash at the major parties.
The billionaire is scouring the world for investment opportunities but is not finding it easy to hold assets that are appreciating in value.
The casino group, formerly backed by James Packer, has been hit with two fines totalling $120m for failing to honour its responsible gambling commitments over a 12-year period.
James Packer could cause some to squirm after declaring Mohammed bin Salman deserves ‘some credit’ for his achievements.
The former premiers and billionaire, along with ex-PM Paul Keating, have been asked to appear at NSW parliamentary hearings into the development of the precinct.
The Australian corporate advisory firm sees a solid transaction pipeline after benefiting from billionaire James Packer’s Crown Resorts interests.
When you have $3.3bn burning a hole in your pocket you have to search far and wide for investment opportunities.
Peter Costello ‘made an important call’ to the then Victorian treasurer on behalf of James Packer in 2014, the businessman alleges.
An SMH executive has sent an extraordinary staff email in response to claims from James Packer, following leaked emails involving Nine’s prime time TV presenters.
The company’s publishing boss says “mental health sensitivities” made him reluctant to respond to the billionaire’s claim that Peter Costello acted as his “secret lobbyist”.
Original URL: https://www.theaustralian.com.au/topics/james-packer/page/2