As the son of late media mogul Kerry Packer and the grandson of Sir Frank Packer, the 49-year-old Sydney native comes from a long line of wealth.
James' great-grandfather, Robert Clyde Packer started the family's association with the media as a newspaper editor and founder of The Daily Guardian. Sir Frank carried the baton after working his way up the ladder at his father's paper, starting as a journalist and rising to become a director of the company.
In 1956, Sir Frank, along with competing newspapers, ventured into broadcasting. The family company, Consolidated Press Holdings, launched an Australian broadcast station when television was first introduced to the country and, from there, the family's media interests continued to grow.
Now, James has turned much of his attention to the movie business. In 2013, he partnered with Brett Ratner to form the production company RatPac Entertainment, which has been behind films like San Andreas and The Lego Movie.