Anthony Pratt (businessman)
| Anthony Pratt | |
|---|---|
| Born |
Anthony Joseph Pratt 11 April 1960 Melbourne, Australia |
| Residence |
Melbourne, Australia New York City, United States |
| Citizenship | Australia |
| Alma mater | Monash University |
| Occupation | Executive Chairman of Visy Industries and Pratt Industries |
| Organization | Visy Industries and Pratt Industries |
| Net worth | |
| Board member of |
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| Partner(s) | Claudine Revere |
| Children | Leon and Lilly |
| Parent(s) |
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| Relatives |
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Anthony Joseph Pratt (born April 11, 1960 in Melbourne, Victoria), an Australian businessman and billionaire, is the Executive Chairman of Visy Industries and Pratt Industries in America, which is the world’s largest privately owned packaging and paper company. According to the 2016 BRW Rich 200, Pratt and his family have a net worth of A$10.35 billion; the second richest in Australia.Forbes assessed Pratt's net worth in 2016 at US$4.2 billion; listing his sisters' wealth independently.
Pratt is the son of former manufacturing magnate and President of the Carlton Football Club, Richard Pratt, and philanthropist, Jeanne Pratt AC.
Pratt was born in Melbourne, Victoria to Richard Pratt (né Przecicki) and Jeanne Pratt AC, both Polish-Jewish immigrants. He graduated from Monash University, Melbourne, with a Bachelor of Economics (Hons) in 1982.
Pratt joined McKinsey & Co, a management consulting firm, in 1982 before joining Visy as joint General Manager of its board. In 1988, he became Deputy Chairman of Visy Industries. Three years later, he moved to the United States to lead the company's expansion there. Over the next 15 years, Pratt Industries grew 15-fold in sales and earnings, through greenfield initiatives and the acquisition of several corrugated manufacturing companies that now form the heart of Pratt Industries. Company revenues grew from US$100 million in 1991; and by 2016 revenue was US$3 billion. During that time, Pratt Industries grew from the 46th largest corrugated box producer in the U.S. to the 5th largest. It is the only major paper container board company that is 100 percent recycled. In 2016, Pratt was awarded the RISI North American Packaging CEO of the Year Award. That same year, Pratt opened a 100% recycled paper mill near Chicago, adding about US$1 billion to his wealth.
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