In this success post, we are going to share the story of Anthony Pratt, who serves as the global chairman for the Pratt or Visy Industries, one of the biggest privately-owned paper, packaging, and recycling businesses all across the globe.
His father, Richard Pratt, was a magnate in the manufacturing industry, and also the president of the Carlton Football Club, and his mother, Jeanne Pratt AC, was a philanthropist.
In 2015, BRW Rich 200 accesses his family net worth for $12 billion, which makes the second wealthiest family in the industry. Forbes Asia assessed the net worth of Anthony alone for the $5 billion, enlisting him among the 50 wealthiest people in Australia.
Anthony Pratt Personal Life
Pratt completed his Bachelor of Economics honours degree in 1983, from Monash University, after which he joined McKinsey & Co, a consulting firm. After that, he became the joint general manager in the Visy Board of Visy.
In 1988, he joined the Pratt Industries as a Deputy Chairman and took over as the company CEO and Chairman after his father death in 2009.
Anthony Pratt Business Activities
In 1991, Anthony entered the US to expand his company there, at the time when he acquired many corrugated companies which are still a major part of the Pratt. Since then, the company earnings and sales have increased manifolds and has more than 3000 employees at its box plans and mills all over the US. Pratt Industries is known as Visy in the USA, and the number of their American employees is more than those employed at any other Australian business.
Pratt Industries entered the US with only $100 million, and now the revenue is worth $1 billion.
Anthony is a part of the National Board of Muhammad Ali Centre, Kentucky, Louisville, and also takes part in several charity organizations all across the US and Australia.
He is also a member of the Climate Group, an environmental group established by Tony Blair, the British PM. Global Green USA of Mikhail, and Captain Planet Foundation of Ted Turner, have also awarded Pratt for his efforts. Considering the importance of recycling for the environment, Pratt committed to invest over $1 billion in the global initiative made by the former US President Bill Clinton.
Anthony Pratt net worth
Anthony Pratt is an Australian businessman who has a net worth of $8 billion.
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