Born

SYDNEY AUSTRALIA

$ 2.8bn

NET WORTH IN USD

10

James Packer

CROWN RESORTS [ 2007 – 2019 ]

The son of a philanthropist ( Roslyn Packer - née Weedon ) and a media tycoon ( Kerry Packer ), James Packer was an early investor in internet-based companies towards the beginning of the 2000s . Foreseeing that old media was vulnerable to the possibilities being opened by online equivalents , he bought shares in classified advert sites like SEEK and Carsales . com . Managing to sell his portfolio in these companies years later for a significant profit , Packer then focused on media and telecoms companies , such as One . Tel . In 2007 , he founded the successful gambling and resort company Crown Resorts , of which he sold his 20 % stake in 2019 for US $ 1.22bn APRIL 2020