Kerry Packer Net Worth (Updated 2026).

Kerry Packer, an Australian media mogul, began his career in the family business, the Consolidated Press Holdings, after completing his education. He started at the bottom, working in the company’s printing department, where he learned the intricacies of the printing and publishing industry. This hands-on experience proved invaluable as he rose through the ranks, eventually taking over the helm of the company from his father in the 1970s.

Packer’s ascent to fame was not without its challenges. In the early years of his tenure, he faced intense competition and criticism, particularly for his aggressive business tactics. However, he was undeterred and instead used these obstacles as fuel to drive his ambition. He expanded the company’s portfolio, diversifying into television and other media platforms, which ultimately led to his rise as one of Australia’s most influential and famous figures.

Kerry Packer’s Current Net Worth (2025)

As of 2025, Kerry Packer’s estimated net worth is $6.5 billion. This figure is based on the latest available information and reflects his extensive business empire.

Career

Kerry Packer was an Australian media mogul and businessman. Born into wealth, he took over his father’s publishing company, Consolidated Press, in the 1960s. He expanded the company’s interests into television, with the launch of the Nine Network in 1957. Packer’s aggressive and innovative approach to business made him a dominant figure in Australian media.

Other Ventures

Besides media, Packer had significant investments in various industries. He owned a stake in the Channel Nine television network, and was a major shareholder in PBL, which held interests in publishing, television, and other media. He also had investments in mining and real estate. Packer’s business acumen and willingness to take risks made him a prominent figure in Australian business.

Assets

Packer’s assets included a significant stake in the Nine Network, which he inherited from his father. He also owned a substantial portfolio of shares in various companies, as well as real estate in Australia and overseas. His media interests included magazines and newspapers, as well as television and radio stations. Packer’s assets reflected his diverse business interests and his success in growing his family’s wealth.

Annual Income

Kerry Packer’s annual income was substantial, reflecting his extensive business interests. In 2005, it was reported that he earned around $1.5 billion in a single year. This income was generated from his various business ventures, including his media interests and other investments. Packer’s high income was a testament to his business acumen and the success of his ventures.

Frequently Asked Questions about  Kerry Packer

Frequently Asked Questions: Kerry Packer Net Worth

1. What was Kerry Packer’s net worth?

Kerry Packer’s net worth was estimated to be around $6.5 billion.

2. How did Kerry Packer make his money?

Kerry Packer made his fortune through media, publishing, and investments. He was the CEO of Consolidated Press Holdings, which owned various media outlets including the Daily Telegraph and the Australian Women’s Weekly. He also had significant investments in mining, property, and other businesses.

3. What was Kerry Packer’s occupation?

Kerry Packer was a media proprietor, businessman, and investor. He served as the CEO of Consolidated Press Holdings from 1972 until his death in 2005.

4. When was Kerry Packer born?

Kerry Packer was born on December 17, 1937.

5. When did Kerry Packer die?

Kerry Packer died on December 5, 2005, at the age of 67.

6. Did Kerry Packer have any children?

Yes, Kerry Packer had three children: James, Gretel, and Francis. His son, James, is currently the CEO of Consolidated Press Holdings.

7. What was Kerry Packer’s cause of death?

Kerry Packer died from kidney failure, a complication of his long-standing diabetes.

8. Where was Kerry Packer buried?

Kerry Packer was buried at the South Head Cemetery in Sydney, Australia.

9. What was Kerry Packer’s height?

Kerry Packer was 5 feet 9 inches (175 cm) tall.

10. What was Kerry Packer’s nickname?

Kerry Packer was often referred to as “The Knife” due to his sharp business acumen and aggressive negotiation style.