He became depressed, put on weight and took up smoking again. The GFC had been a deeply traumatic event for Packer, testing his judgment and his nerve in ways which revealed elements of his character that few would have expected in someone with such a privileged life and immense personal wealth. Shares in his Macau casino company were still falling and Crown shares had slumped to their lowest level in two years. In early 2016, Packer was in panic mode after having concluded a $1.25 billion agreement to divide his family empire with his sister on Christmas Day 2015. MORE: Why James Packer fell into Scientology This’ll be marriage number three.”Ĭelebrity news site TMZ subsequently described the agreement as an unromantic, 37-page document stipulating that Carey would receive $115,385 per week in the event of a divorce, up to a maximum of $30 million, adjusted pro-rata on a weekly basis. Anytime you get married to somebody (it does) - and I should know. Because there’s things that are specifically mine, and he’s got huge friggin’ conglomerate stuff, and I’m not looking to take that from him. “We would like for (a prenuptial agreement) not to be a big thing, but the reality is it has to be. Clarke/FilmMagicĬarey told Complex magazine that she was in favour of a prenup. “There were already problems trying to negotiate our prenup,” Packer recalls, without commenting further on the details.

Plans were made for the couple to wed on Bora Bora in French Polynesia on March 1, 2016. It would have been the third marriage for both of them. Packer chose the New York three-Michelin-star restaurant Eleven Madison Park to get down on one knee and propose to Carey on the evening of January 21. Packer and his staff also did their best to tolerate the whims of Carey’s (then) personal assistant and manager Stella Bulochnikov.īulochnikov took Packer ring shopping in New York, where he bought a massive 35-carat Wilfredo Rosado-designed engagement ring from her uncle in the city’s jewellery quarter on 45th Street. Packer is currently building a house in the Mexican resort town of Carbo San Lucas, scheduled for completion next year, which will put him closer to Baxter and his three kids, who live in Los Angeles.ĭespite beaming in from IJE to last year’s NSW inquiry into Crown’s casino licence, while floating off Tahiti, Packer has spent much of the past 12 months dividing his time between LA and Colorado.Mariah Carey was well known for her diva antics, and they came at a time James Packer’s fortune was in trouble.Īustralian gossip magazine Woman’s Day later reported that while she was dating Packer, Carey was spending $100,000 a month ordering exotic flowers from around the world to be delivered wherever she happened to be. However it is thought his sale of IJE has more to do with personal arrangements than financial emergency. Burgess YachtsĬrown’s travails, alongside COVID-19, have dented the value of Packer’s stake, with its shares closing at $9.52 on Wednesday, $3 per share beneath pre-COVID levels. James Packer’s superyacht, IJE, is for sale for $282 million. Crown Resorts, his 37 per cent stake in which represents the majority of his wealth, is battling to retain its licences for the casinos it operates in Victoria and WA, and must still convince NSW regulators it is fit to run the high-roller facility it planned at Sydney’s Barangaroo.

James packer marriages