Australian businessman and billionaire Anthony Joseph Pratt, who was born on April 11, 1960, in Melbourne, Victoria, serves as the executive chairman of Visy Industries and Pratt Industries in America, the largest privately held packaging and paper company in the world. He is the son of Jeanne Pratt AC, a philanthropist, and the late Richard Pratt, a prominent businessman and president of the Carlton Football Club.
The Australian Rich List estimates Pratt and his family's net worth at $27.7 billion.
In 2022, Forbes estimated his net worth to be $12 billion while separately valuing his sisters' fortune.
Pratt was born in Melbourne, Victoria, to Polish-Jewish immigrants Richard Pratt (né Przecicki) and Jeanne Pratt AC. He earned a Bachelor of Economics (Hons) from Monash University in Melbourne in 1982.
Prior to joining Visy as joint General Manager of its board in 1983, Pratt worked as a management consultant for McKinsey & Co. He was appointed Vice Chairman of Visy Industries in 1988. He relocated to the US three years later to oversee the business's US expansion. Through greenfield projects and the acquisition of other corrugated manufacturing firms, which today make up the core of Pratt Industries, the company's sales and profitability increased 15-fold over the ensuing 15 years. From US$100 million in 1991, the company's revenue increased to US$3 billion in 2016. Pratt Industries increased its position from 46th to 5th in terms of corrugated box production throughout that time. It is the only significant paper container board manufacturer that uses completely recycled materials.
11 April 1960
Melbourne, Victoria, Australia
9.8 billion USD