After 2017 , James Packer ranked below the 8th richest Australian with more than 5.25 billion in net worth .
In May 2016 , Packer 's net worth was assessed as 5.00 billion by the BRW Rich 200 , ranked as the seventh-richest Australian ; having been the richest person in Australia in 2006 and 2007 .
James Packer