James Packer severed his family's deep ties to the media business in 2012 when he sold pay-TV company Consolidated Media Holdings to News Corp, pocketing $1 billion. That left him to focus on his gaming empire Crown Ltd., which owns casinos in Australia and has a joint venture--Melco Crown Entertainment--in Macau and Manila with billionaire Lawrence Ho. Packer inherited a $5 billion business when his father Kerry Packer died in late 2005. The family fortune was built on media assets. James operates a charitable foundation named for his father. He seeded it with $10 million in 2006. He has been a strong supporter of a program to help indigenous Australians move into corporate jobs. He owns Los Angeles film company RatPac Entertainment with Hollywood director Brett Ratner.