Anthony Pratt Net Worth: Is Anthony Pratt rich?

Anthony Pratt is an Australian businessman and billionaire Executive Chairman of Visy Industries and Pratt Industries in America.

Anthony Pratt Net Worth

According to the Financial Review Rich List 2019, Pratt and his family have a net worth of A$15 billion.

Forbes assessed Pratt’s net worth in 2019 at US$ 6.8 billion; listing his sisters’ wealth independently.

Anthony Pratt Biography

Anthony Pratt was born on 11 April 1960 in Melbourne, Australia,

He graduated from Monash University, Melbourne, with a Bachelor of Economics (Hons) in 1982.

Anthony Pratt is Jewish.

His company Pratt Industries in America, is the world’s largest privately owned packaging and paper company.

 In subsequent years, his wealth increased; however, those with interests in the then rapidly growing Australian resources sector came to dominate the list. Since 2009, the AFR Rich List and the Forbes Asia list of Australia’s 50 Richest People generally assessed Pratt’s net worth on a similar basis, aggregated with his family.

Pratt is a trustee of the Pratt Foundation, established in 1978 by the late Richard Pratt and Jeanne Pratt AC, donating US$ 15 million – US$ 17 million per year. Pratt also serves on the board of trustees of the Appeal of Conscience Foundation

Pratt sits on the National Board of the Muhammad Ali Center in Louisville, Kentucky, and is also active in charity organizations throughout Australia and the United States. In 1998, he arranged for Muhammad Ali to visit Australia for the Australian Football League grand final, as well as for a subsequent trip two years later.

Pratt first appeared on the Financial Review (AFR) Rich List in 2009 (then published as the BRW Rich 200, following the death of his father earlier that year.

In September 2013, Pratt was elected an executive member of the Australia-Japan Business Cooperation Committee, a group dedicated for more than 50 years to strengt hening ties between the two countries. 

Pratt joined McKinsey & Co., a management consulting firm, in 1982 before joining Visy as joint General Manager of its board. In 1988, he became Deputy Chairman of Visy Industries. Three years later, he moved to the United States to lead the company’s expansion there. Over the next 15 years, Pratt Industries grew 15-fold in sales and earnings, through greenfield initiatives and the acquisition of several corrugated manufacturing companies that now form the heart of Pratt Industries. Company revenues grew from US$ 100 million in 1991, and by 2016 revenue was US$ 3 billion. 

In 2016, the Australian Taxation Office revealed that despite more than $2.5 billion in revenue in 2013–14, Pratt Consolidated Holdings had not paid any taxes.

In 2017, Anthony Pratt attended Vice President Mike Pence’s business roundtable at the Vice President’s official residence in Washington D.C. Also in 2017, Anthony Pratt became a member of Mar-a-Lago, President Trump’s private Florida club. Pratt and his family split time between New York City and Melbourne.

 In October 2016, Pratt was the founding sponsor of The Wall Street Journal’s inaugural U.S.-based Global Food Forum. 

In March 2017, Pratt opened his 68th factory, a box-making plant, with Wisconsin Governor Scott Walker in Beloit. On 4 May 2017, Pratt pledged in the presence of President Donald Trump to invest $2 billion to create 5,000 high-paying manufacturing jobs over 10 years mainly in the Midwest.

In 2015, Forbes reported the wealth of Pratt separate from the net worth of his two sisters, Fiona Geminder and Heloise Waislitz.

Pratt was born in Melbourne to Richard Pratt (né Przecicki) and Jeanne Pratt AC, both Polish-Jewish immigrants.

Anthony Pratt is a married man. His wife’s name is Claudine Revere,

He has been married three times, most recently to Claudine Revere, who this year bore a son the couple named Leon after Pratt’s grandfather.

He and his wife Claudine Revere have two children and the billionaire splits his time between Melbourne and New York.

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