Anthony Pratt: Net Worth, Business & Personal Life

You’ve probably heard the name Anthony Pratt and wondered how a packaging heir turned into one of the world’s richest people. The short answer involves a family business, a bold move to the United States, and a net worth that Bloomberg pegged at $9.1 billion in 2024. This profile cuts through the headlines to show you how his money is structured, where he lives, and what’s still unknown about his personal life.

Net worth (est.): $9.1 billion (Bloomberg Billionaires Index, 2024) ·
Primary company: Visy Asia-Pacific / Pratt Industries ·
Marriages: Unknown public count (two marriages reported by media) ·
Religion: Jewish (family background, per multiple sources) ·
Residence: New York, USA (primary); also Australia ·
Industry: Packaging and recycling

The table below compiles the essential biographical and financial facts about Anthony Pratt that every reader should know.

How did Anthony Pratt make his money?

Family foundation: Visy and Pratt Industries

• Anthony Pratt inherited Visy from his father Richard Pratt, who founded the company in Melbourne in 1948 (United States Studies Centre (academic institute)).
• Visy is Australia’s largest privately owned packaging and recycling company (Traders Union (business profile aggregator)).
• Pratt owns one‑third of Visy, according to the Bloomberg Billionaires Index (tier‑1 financial data provider).

US expansion and growth under Anthony

• In 1991, Pratt moved to the United States to expand the family business into America (United States Studies Centre (academic institute)).
• Pratt Industries USA is now the largest privately held paper and packaging company in the United States (Traders Union (business profile aggregator)).
• Group sales exceed US$3 billion, and the company employs 4,000 people in the US and 5,500 in Australasia (United States Studies Centre (academic institute)).

Key business moves and acquisitions

• Graduated from Monash University with a Bachelor of Economics in 1983 and briefly worked at McKinsey & Co. (United States Studies Centre (academic institute)).
• Invested heavily in recycling and clean‑energy infrastructure, positioning Pratt Industries as a sustainability leader (United States Studies Centre (academic institute)).

The pattern: Pratt used his family’s Australian base as a capital springboard, then built a parallel empire in the US where the market was larger and less crowded. The result is a dual‑hemisphere packaging giant.

Is Anthony Pratt a billionaire?

Net worth estimates and rankings

• Forbes and Bloomberg both list Pratt as a billionaire (Bloomberg Billionaires Index (tier‑1 financial data provider)).
• Net worth estimated at over $9 billion as of 2024 (Bloomberg Billionaires Index (tier‑1 financial data provider)).
• Ranked among Australia’s wealthiest individuals; the Financial Review Rich List 2025 assessed his net worth at A$25.84 billion (UHNWI Direct (wealth tracking platform)).

Why this matters: The variance between US‑dollar and Australian‑dollar estimates reflects currency fluctuations and ownership stakes. Regardless, every major ranking places him firmly in the billionaire bracket.

Where does Anthony Pratt live now?

Primary residence

• Lives primarily in New York, USA (Traders Union (business profile aggregator)).
• In November 2024, Pratt announced he would move permanently to the US after receiving a green card (UHNWI Direct (wealth tracking platform)).

Business base

• Maintains a home in Melbourne, Australia (United States Studies Centre (academic institute)).
• Works from Pratt Industries headquarters in Conyers, Georgia (Traders Union (business profile aggregator)).

The implication: Pratt now spends most of his time in the US, where his business generates the bulk of revenue. For Australian readers, this means his philanthropic and political influence is shifting increasingly across the Pacific.

How many times has Anthony Pratt been married?

Known marriages

• Married at least twice (ex‑wife Jeanne Pratt; current spouse not publicly identified) (United States Studies Centre (academic institute)).
• First marriage to Jeanne produced three children (Bloomberg Billionaires Index (tier‑1 financial data provider)).

Personal privacy

• Details of his current relationship are not public (Traders Union (business profile aggregator)).
• Media reports vary on whether he has been married two or three times.

The catch: Pratt keeps his personal life exceptionally private. For a public figure giving political donations and sitting on advisory boards, this opacity is unusual and suggests a deliberate boundary between business and family.

What religion is Anthony Pratt?

Family background

• Pratt is Jewish by family heritage (Bloomberg Billionaires Index (tier‑1 financial data provider)).
• His father Richard Pratt was a prominent Jewish philanthropist (United States Studies Centre (academic institute)).
• Anthony has not spoken publicly about religious practice (Traders Union (business profile aggregator)).

What this means: Faith is part of the Pratt identity but not a public platform. The family’s philanthropic giving, directed through Jewish foundations, continues largely out of the spotlight.

Timeline

What we know vs. what’s unclear

“Pratt Industries USA was built into a billion‑dollar company.”

— United States Studies Centre (academic institute profile)

“Anthony Pratt owns one‑third of the Melbourne‑based closely held business Visy.”

— Bloomberg Billionaires Index (tier‑1 financial data provider)

Anthony Pratt is not just an heir; he is a builder who turned a family operation into a two‑continent packaging empire worth billions. For anyone tracking Australian wealth or the US recycling industry, the clear takeaway is that Pratt’s influence—and his fortune—will continue to tilt toward America. For Australian taxpayers and philanthropists, the question is how much of that wealth stays local.

Frequently asked questions