Arab Today, arab today australian mogul packer gives away 188m
Last Updated : GMT 15:50:29
Arab Today, arab today
Arab Today, arab today

Australian mogul Packer gives away $188m

Arab Today, arab today

Arab Today, arab today Australian mogul Packer gives away $188m

Australian billionaire James Packer
Sydney - AFP

Billionaire James Packer, one of Australia's richest men, on Tuesday announced he was setting up a philanthropic foundation to give away Aus$200 million (US$188 million).
The casino tycoon, who runs worldwide gambling empire Crown, said the cash would go to charities promoting the arts and those supporting the broader community, particularly indigenous education.
Half of the money, to be donated in Aus$20 million installments for the next 10 years, will come from Crown Resorts, and the rest from the Packer family.
"This exciting collaboration between Crown Resorts and our family creates a platform from which to contribute towards strengthening communities in Australia and developing our artistic future," said his sister Gretel, who will administer the fund.
Philanthropy Australia chief executive Louise Walsh said she hoped it would encourage more of the country's corporate boards and wealthiest people to do the same.
"We are starting to see some serious mega gifts happening now in Australia and this is fantastic," she told reporters.
The son of late media baron Kerry Packer, James Packer is one of Australia's wealthiest people, with a personal fortune estimated at Aus$7.2 billion.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today australian mogul packer gives away 188m Arab Today, arab today australian mogul packer gives away 188m

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today australian mogul packer gives away 188m Arab Today, arab today australian mogul packer gives away 188m

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday