Anthony Pratt is an Australian businessman with a $10 billion net worth. Anthony Pratt is the Global Executive Chairman of Visy Industries (Pratt Industries USA in the United States).
Anthony is the son of late industrial billionaire Richard Pratt, who took over Visy Industries after his father, Leon, died in 1969. The company’s website states that “Visy is a global leader in packaging and resource recovery, and has been a pioneer in sustainability since our inception.” The Pratt family’s net wealth is estimated to be at $12 billion.
Who is Anthony Pratt?
Anthony Joseph Pratt was born on April 11, 1960, in Melbourne, Victoria, Australia. He is the son of Polish-Jewish immigrants Jeanne Pratt (né Przecicki) and Richard Pratt (né Przecicki), and he has two sisters, Fiona Geminder and Heloise Waislitz. Anthony attended Mount Scopus Memorial College before graduating with a Bachelor of Economics (Hons) from Monash University in Melbourne in 1982.
Pratt served as co-chair of the United Israel Appeal’s Young Leadership Division’s fundraising committee in the 1980s. According to a newspaper report about Anthony’s bar mitzvah, he asked guests to donate to the Jewish National Fund rather than give him gifts. Richard was vice president of the Ketura Project, which was funded by the Jewish National Fund.
Anthony made headlines in October 2023 after reports that former President Donald Trump shared classified information about US nuclear submarines with him and that Pratt told “at least 45 others, including six journalists, 11 of his company’s employees, 10 Australian officials, and three former Australian prime ministers.”
How old is Anthony Pratt?
He is currently 63 years old.
What is Anthony Pratt’s net worth?
The Australian businessman is estimated to be worth $10 Billion.
What is Anthony Pratt Career?
Pratt joined the management consulting company McKinsey & Co. in 1982 before becoming a joint general manager of the Visy Industries board. Visy was formed in 1948 by Anthony’s grandfather, Leon Pratt, Leon’s brother-in-law, Max Plotka, and engineer Les Feldman with a £1,000 loan from Leon’s sister, Ida Visbord. After Leon’s death in 1969, Anthony’s father took over the company.
Pratt was designated Visy’s deputy chairman in 1988, and in 1991, he relocated to the United States to spearhead Visy’s expansion there, where the business would be known as Pratt Industries USA. The company’s revenue increased from $100 million to $3 billion between 1991 and 2016. Following Richard’s death in 2009, Anthony relocated to Australia to serve as Visy’s Global Executive Chairman. In 2013, New York City Mayor Michael Bloomberg designated September 17th as “Pratt Industries Day.”
Anthony opened a recycled paper business near Chicago in 2016, adding nearly $1 billion to his fortune. In 2020, “PaperAge” honored him “Executive Papermaker of the Year,” and he purchased Owens Illinois’ Australian operations for $1 billion, making him Australia’s largest glass bottle manufacturer.
Pratt announced his largest purchase in America, a $500 million paper mill in Kentucky, in July 2021, and later that year, he began building on a $500 million glass recycling factory in Australia, near Brisbane.
