Gretel Packer Net Worth

Gretel Packer has an estimated net worth of $1.7 billion, according to Forbes Real-Time Billionaires, Gretel Packer profile (figures as of October 20, 2026). That is up from $1.6 billion in 2019.

Gretel Packer is an Australian investor and philanthropist known for managing a low public profile while taking on major arts and charity roles. She chairs the Packer Family Foundation and has served with the Art Gallery of New South Wales and the Sydney Theatre Company. She was also the driving force behind the National Philanthropic Fund, a $160 million fund set up in 2014 and backed by the family foundation.

Her wealth came from family investments after the 2005 death of her father, Kerry Packer. A 2015 split of the family estate with her brother, James Packer, left her with stakes including investments in Crown Resorts and other companies. Forbes placed her among the world’s billionaires in 2019. On October 20, 2026, Forbes' real-time tracker put her net worth at $1.7 billion.

How Gretel Packer built her fortune

Packer’s wealth is tied to investments and sits in Forbes’ Finance & Investments category. She became a billionaire after the family estate was divided 10 years after her father’s death in 2005. That split with her brother in 2015 gave her investments in Crown Resorts and other companies. Rather than building a public operating career, she is best known for holding and overseeing assets that came from the family estate.

She is also known for philanthropy and arts leadership. In 2014, she helped establish the $160 million National Philanthropic Fund. The fund is supported by the Packer Family Foundation, which she chairs. Her board roles include the Art Gallery of New South Wales and the Sydney Theatre Company. Those positions do not define her wealth source, but they show where she has focused much of her public work.

Forbes net worth over time

Forbes first listed Packer at $1.6 billion in 2019. Its estimate then moved to $1.5 billion in 2020 and rose to $2.3 billion in 2021. After that, Forbes put her at $1.9 billion in 2022 and $1.4 billion in 2023. The swings fit the fact that her fortune is based on investments, which can move from year to year as asset values change.

The estimate later turned up again, with Forbes placing her at $1.7 billion in 2024, $1.6 billion in 2025, and $1.8 billion in 2026 on the annual billionaires list. Forbes' real-time tracker later showed $1.7 billion in October 2026. Publicly, Packer remains low-profile, so most of the money story is about the inherited investment base and how Forbes values it over time.