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Australian billionaire and packaging magnate Anthony Pratt, executive chairman of the global giant Visy Industries, is an influential figure in the industry, recognized for steering Visy's substantial revenue growth. Born into a Polish-Jewish immigrant family in Melbourne, Pratt inherited a legacy from his father Richard, expanding both his business and philanthropic footprint. With a history of strategic alliances, his personal relationship with Donald Trump and alleged sharing of sensitive nuclear information add complex facets to Pratt's profile. Addressing a finance-savvy readership, his estimated net worth stands at A$24.3 billion in 2023, underscoring his financial influence.
April 11, 1960 in Melbourne, Victoria, Australia
65 years
Manufacturing
Manufacturing
Australia
Melbourne
Bachelor of Arts/Economics, Monash University
2
Richard Pratt (father), Jeanne Pratt AC (mother)
Anthony Pratt was born in Melbourne, Victoria, Australia, to Polish-Jewish immigrants Richard Pratt and Jeanne Pratt. He grew up in Kew, Melbourne, and attended Mount Scopus Memorial College in Burwood. Pratt graduated from Monash University, Melbourne, with a Bachelor of Economics (Hons) in 1982. During the 1980s, he was part of the Young Leadership Division of the United Israel Appeal.
Anthony Pratt: Family
Anthony Pratt's father, Richard Pratt, was a manufacturing magnate and president of the Carlton Football Club. His mother, Jeanne Pratt, was a Holocaust survivor. Pratt has two sisters, Heloise Waislitz and Fiona Geminder.
Anthony Pratt: Career Highlights
Pratt joined McKinsey & Co, a management consulting firm, in 1982. He then joined Visy as joint general manager of its board and became deputy chairman of Visy Industries in 1988. In 1991, he moved to the United States to lead the company's US expansion. Under his leadership, Pratt Industries grew 15-fold in sales and earnings over the next 15 years. Company revenues grew from US$100 million in 1991 to US$3 billion in 2016. Pratt returned to Australia in 2009 to take over as executive chairman of Visy following his father's death. During his tenure, Visy's corporate reputation index ranking improved significantly, rising from No. 43 to No. 3 between 2009 and 2011.
Anthony Pratt: Companies
Anthony Pratt is the executive chairman of Visy Industries (Pratt Industries USA in the US), the world's largest privately owned packaging and paper company.
Anthony Pratt: Major Achievements
Pratt has received various awards and recognitions for his business achievements, including an honorary PhD from Monash University in 2013. He is also a member of the Australian-American Leadership Dialogue.
Anthony Pratt: Awards & Achievements
Pratt has received numerous awards and recognitions for his business achievements, including the Australian Businessman of the Year award in 2011 and the EY Entrepreneur of the Year award in 2012.
He was also named one of the "50 Most Influential People in the World" by Fortune magazine in 2018.
Anthony Pratt: Personal Life & Legacy
Pratt lives in New York City and Melbourne with his family. He is Jewish and inherited Raheen, a heritage-listed mansion in Kew, Melbourne.
Anthony Pratt: Trivia
Pratt is a keen art collector and has a significant collection of Australian art. He is also a patron of the arts and has supported various cultural institutions in Australia and the United States.
Anthony Pratt was born in Melbourne, Victoria, Australia to Polish-Jewish immigrants Richard Pratt and Jeanne Pratt.
Graduated from Monash University, Melbourne, with a Bachelor of Economics (Hons) and joined McKinsey & Co, a management consulting firm.
Became deputy chairman of Visy Industries.
Moved to the United States to lead the company's US expansion.
Returned to Australia to take over as executive chairman of Visy following his father's death.
Awarded an honorary PhD by Monash University.
Forbes reported his wealth separately from his sisters.
Hosted a food waste summit aimed at halving Australia's food waste by 2030.
Ranked seventh in Bloomberg News' list of the world's richest people from green industries.
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Who is Anthony Pratt and what is his role at Visy Industries?
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