Latest news with #JamesPacker
Daily Mail
07-05-2025
- Business
- Daily Mail
Keeping it in the family! Billionaire heiress Francesca Packer-Barham sports activewear designed by her former aunt Jodhi Meares who remains close to her uncle James
Francesca Packer-Barham put on a casual display as she ran errands in Sydney on Tuesday. The 30-year-old billionaire heiress dressed for comfort in activewear from her uncle James Packer's ex-wife Jodhi Meares' label The Upside. She stepped out in a navy jumper from the brand, matching navy tights and a pair of comfortable Yeezy sneakers. Francesca left her long brunette locks out and wore dark sunglasses as she carried a large box through Potts Point. Jodhi famously married Francesca's uncle James in 1999 before splitting from him in 2002. The couple, who remained friends following the breakdown of their three-year marriage in 2002, are reportedly still close. The 30-year-old billionaire heiress dressed for comfort in activewear from her uncle James Packer's ex-wife Jodhi Meares' label The Upside Francesca is the daughter of Australian investor Gretel and the granddaughter of the late media mogul Kerry Packer. Her uncle Australian billionaire James is the former owner and chairperson of of the high-profile Crown Resorts. Francesca recently offloaded her amazing Sydney apartment after first listing the luxury pad almost a year ago. The heiress reputedly pocketed $30million in the sale after purchasing the five-bedroom spread back in 2019 for $16.75million. Located in Darlinghurst, 2km from the CBD, the penthouse covers an entire floor of the prestigious Horizon building and features spectacular views of the city skyline. Francesca first listed the luxury flat in November 2023 for an eye-watering $32million. But after languishing on the market for seven months, the beautifully appointed apartment was re-listed in June 2024 for $30million. The agent involved in the sale would not confirm the purchase, reported the Wentworth Courier. Francesca left her long brunette locks out and wore dark sunglasses as she carried a large box through Potts Point She recently offloaded her amazing Sydney apartment after first listing the luxury pad almost a year ago Jodhi famously married Francesca's uncle James in 1999 before splitting from him in 2002 However, real estate insiders informed the publication that Francesca's apartment recently went under the hammer to a local buyer for 'close to' the asking price. According to the report, the cashed-up heiress sold off the pad because she wanted to spend more time in her alternate home base of London. Designed by famed Australian-Austrian architect Harry Seidler, the apartment boasts five-bathrooms, Cote D'Azure marble. A balcony that offers a 360-degree view of Sydney's famed harbour.
The Age
02-05-2025
- Business
- The Age
James Packer's lieutenant lists showstopping home with hopes above $90m
While James Packer was busy making real estate moves in America earlier this week, the head of his family office was busy preparing his own distinguished trophy home for the market back in Australia. Lawrence Myers, chief executive of James Packer's family office Consolidated Press Holdings, and his wife Sylvia have listed their exquisite Rose Bay home with a price guide above $90 million. In what could be one of the top sales for the year and set to smash the suburb record by almost double, the waterfront estate in one of the most tightly held pockets of Sydney is a sight to behold. With gun barrel views of the harbour, the 1039-square-metre parcel of verdant land is almost unmatched. The five-bedroom, four-bathroom house, designed by David Walker and Peter Janks, has no immediate neighbours on either side and frames Sydney's iconic sights picture perfectly. The Myers are selling due to the extensive and increasing international travel demands of Lawrence's executive role as a specialist high net-worth advisor for his wealthy clientele. Indeed, the 51-year-old holds an impressive list of roles, as well as being the boss of Packer's family office. The accountant is also a deputy chairman of Breville, a board member of fund manager VGI Partners and is also a trustee of the Art Gallery of NSW Foundation, according to his LinkedIn. The home has been maintained meticulously, albeit not substantially updated since it was built in 2013, and yet has had a bullish run in sales over the years in a testament to the calibre of the home and the Rose Bay market.
Daily Telegraph
30-04-2025
- Entertainment
- Daily Telegraph
James Packer offloads LA mansion for $93 million
James Packer has offloaded his celebrity Los Angeles mansion for a record price of $US60 million ($A93 million). The Aussie billionaire's latest home sale is believed to be the most expensive property deal in Beverly Hills this year, The Australian reports. The former Crown chairman snapped up the stunning LA home mansion in 2018 for a cool $US60m ($A93.34m), according to Realtor. MORE: Packer hides $400m in secret lucrative deals Previously owned by Hollywood star Danny DeVito, the home features multiple buildings, including a three-storey accessory dwelling and a separate maids quarter and guesthouse. The seven-bedroom property includes a home theatre with a bar, a game room, wine cellar, resort-style pool and cigar lounge. The primary suite has a fireplace, sitting room, dual bathrooms, and access to a terrace. MORE: Real reason Mariah Carey and James Packer split In 2023, the famed casino tycoon listed the sprawling estate with a hefty $US85m ($A132 million) price tag. Last year, Packer took the property off the market after failing to find a buyer. PACKER'S NEW $174M HOME The news comes a month after the former media mogul forked out a whopping $US110m ($A174m) on a mega-mansion in Bel-Air, California The sprawling property features 10 bedrooms, 15 bathrooms, 14 fireplaces, two pools, a traditional Turkish bath, parking for 20 and Moroccan mosaic tiling. The three-storey home also boasts a wine cellar with its own dining room and a Baroque-style cinema with a mural on the ceiling. MORE: Elon Musk's bizarre move with ex-partner Grimes exposed The dwelling, which boasts 280 degree views over Los Angeles, was originally home to fashion models Gigi and Bella Hadid, the daughters of US property developer Mohamed Hadid and his ex wife Yolanda. MORE: Sex pad of Aus' most X-rated show exposed The latest purchase is a small part of the businessman's impressive $400 million property portfolio, with houses in America, Australia, Mexico, Argentina and Israel. Barangaroo In 2017, the former media mogul splurged an astonishing $60m on a two-level pad in the Sydney Crown Resorts. At the time, the sale smashed the Sydney apartment record of $26m, set in 2016 with the sale of Sydney's Opera Residences penthouse. Now said to be worth $100m, the luxury 'Sky Home' boasts stunning views of the Sydney Opera House and Harbour Bridge. Packer renovated the apartment, installing an elevator and removing stairs, with other features including Scandinavian bleached birch wood, ripple textured bronze glass and silver-veined stone slabs from Greece. When he purchased the home, Packer planned that his ex-wife Erica would decorate. The couple previously shared a home in Sydney's east, La Mer, which they sold for $70m in 2015. RELATED: Packer's secret $100m Aus home visit after split Argentina The former Crown chairman inherited the residential part of the La Ellerstina Polo Club in Buenos Aires from his father, Kerry Packer, who founded the property with polo legend Gonzalo Pieres Snr. Named after the Packer family's Australian polo property in Ellerston NSW, the estate has eight polo fields, seven stables housing 268 boxes, two exercise tracks, one schooling arena, a tennis court and an 18-hole golf course. It breeds and sells horses from embryo to stud, runs an annual horse auction, hosts its own Gold Cup Tournament, and rears the next generation of polo champions at Polo Week school. RELATED: James Packer throws down in epic battle of the penthouses Aspen In 2013, Packer and his then-wife Erica splashed a reported $20m on a luxurious estate in Aspen, Colorado. The seven-bedroom compound features a movie theatre, a games room with a Billiard, library, bar, steam room and man-made lake with a waterfall. Other amenities include a state-of-the-art kitchen with an island breakfast bench, a medieval-style dining room and a living room looking out to scenic hills. RELATED: Real reason Mariah Carey and James Packer split Israel The rich-lister bought a house in Israel in 2015 on the back of his friendship with one of Hollywood's high-profile independent film producers Arnon Milchan. Packer told The Daily Telegraph that he had bought a house in Tel Aviv, Caesarea next door to Israeli Prime Minister Benjamin Netanyahu. But the home's purchase price and other details are not known. Cabo San Lucas Packer put the finishing touches on his sprawling $50m Mexican compound in 2021 after three years of construction. The massive single-storey estate occupies one of the largest beachfront blocks in Cabo San Lucas, located on Mexico's Baja California peninsula. The billionaire started construction on the palatial home after he purchased the site in 2018. The mansion is tucked behind a towering wall facing the street. Seven separate buildings make up the residence and features a large open air courtyard, an infinity pool and manicured lawns.
News.com.au
30-04-2025
- Business
- News.com.au
James Packer confirms reason behind $93 million house sale
James Packer has confirmed he has offloaded the Beverly Hills mansion he purchased in 2018 to be closer to his then US-based children with ex-wife Erica Packer. The businessman-investor has sold the 12 bedroom house, once home to Hollywood stars Danny DeVito and Rhea Perlman, for $US60 million ($A93 million). The figure is $US10 million less than he paid for it in 2018 and down on the $US85 million ($A132 million) the businessman had previously listed the property for in September 2023. He later withdrew the home from the market before relisting. Speaking exclusively to the billionaire confirmed the sale on Wednesday. 'The old house was great but it didn't have a view,' he said. The sale follows his recent relocation to a palatial Bel Air mansion, which he purchased in March this year for $US110 million ($A174 million). The new home boasts 280 degree views over Los Angeles. 'The new house has an amazing view over LA,' he said. 'I'm very lucky – spoilt.' Accepting the LA real estate market had 'not been strong', the Sydney-born businessman ventured that his new property investment was a sign he was 'doubling down' in the US. Packer's new monumental 9000 sqm property in Nimes Road was once the childhood home of American fashion models Gigi and Bella Hadid, the daughters of US property developer Mohamed Hadid and his ex wife Yolanda. Hadid built the vast three-storey French-style chateau, known then as Le Belvedere, on the spectacular hilltop site in 2007 before selling it in 2010 for $US50 million and leasing it back from its new owners. The property then returned to the market in 2016 with an asking price of $US85 million. During the past five years no expense has been spared transforming the 3700 sqm building and its Versailles-style gardens into a luxurious and white contemporary edifice which more subtly acknowledges its French influence with elegant and simple design. The house purchase follows Packer's decision, made at Christmas, to lease a smaller house that backs onto US President Donald Trump's Florida home Mar-a-Lago. That decision came as the one-time casino mogul rebooted his professional association with Hollywood producer Brett Ratner. The old friends have dusted off their shelved company Ratpac and are currently working on a documentary on first lady Melania Trump for Amazon.
Sky News AU
30-04-2025
- Business
- Sky News AU
James Packer sells Beverly Hills estate that was once home to Jennifer Lopez and Ben Affleck for whopping $93.5 million
James Packer has sold his sprawling Beverly Hills estate for $US60 million (AUD$93.57 million), marking the most expensive property sale in the exclusive Los Angeles enclave so far this year. The 57-year-old Australian billionaire originally listed the property in late 2023 with an ambitious US$85 million (AUD$133 million) price tag. However, despite the markdown, the final sale, which settled on Monday, still sets a benchmark for 2025 in the star-studded suburb, according to real estate platform Zillow. Located at 1028 Ridgedale Drive, the 1930s-built mansion sits on more than 2,200 square metres and includes 12 bedrooms, 18 bathrooms, a private cinema, games room, cigar lounge, and a luxurious primary suite featuring dual bathrooms, multiple wardrobes, and a private balcony. The son of the late media mogul Kerry Packer purchased the estate five years ago from actor Danny DeVito and Rhea Perlman for USD$26.6 million (AUD$38.9 million). Since then, the luxurious LA residence has played host to some serious star power, having been leased by A-listers Jennifer Lopez and Ben Affleck. The home was listed by Santiago Arana of The Agency and Jade Mills of Coldwell Banker Realty, and was purchased by Kurt Rappaport of Westside Estate Agency on behalf of an undisclosed buyer. While he may have taken a loss on paper, the father-of-three has wasted no time in upgrading, having snapped up a Bel Air mega-mansion for USD$110 million (AUD$174 million) in March. Originally known as Le Belvedere, the French chateau-style home was built in 2007 and once belonged to high-profile property developer Mohamed Hadid and his former wife Yolanda, the mother of supermodels Gigi, Bella and Anwar Hadid. For now, it seems Packer will enjoy the palatial pad solo, following his recent split from American model and influencer Renee Blythewood. Meanwhile, his three children, Indigo, 16, Jackson, 15, and Emmanuelle, 12, continue to live in London with their mother, singer and former model Erica Packer.
