Anthony Pratt: is there a family office?

Anthony Pratt: is there a family office?

Anthony Pratt is an Australian billionaire with an estimated family net worth of A$28BN. Pratt is the Executive Chairman and heir of Visy Industries and Pratt Industries. The firm belongs to the world’s leading paper-processing and packaging companies. If there would be a Pratt family office, it certainly would be one of the largest Australian family offices.

Focus on private family business

To the extent of the knowledge of our research team, there is no dediated family office for Anthony Pratt and his family. Pratt is focused on leading and growing the family company Visy Industries, which realized revenues over A$3BN in 2020. Pratt took over the leadership of the company after the death of his father in 2009. In 2020, Pratt acquired Owens Illinouis for A$1BN, which would create Australia’s leading glass bottle producer. Although Pratt has no dedicated family office, his daughter Fiona heads the single family office Kin Group together with her husband Raphael Germinder. Germinder is the executive chairman of Pact Group.

Picture source: Media Modifier

This article directly stems from the research process for our Australian single family office database. Our list of Australian single family offices includes the most important family investment vehicles that invest in various areas, such as financial markets, real estate, venture capital, private equity and renewables.

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