The Economic Times News

Gretel Packer, billionaire daughter of media tycoon Kerry Packer, buys $59m property next to her Bellevue Hill home; check her real-time net worth and where she stands among Australias richest

Billionaire Gretel Packer has purchased a neighbouring property in Bellevue Hill for $59 million. This significant acquisition, made off-market, more than doubles the size of her existing Sydney estate. The deal, including stamp duty, pushes the total cost beyond $60 million. Packer, daughter of the late Kerry Packer, continues to expand her impressive property holdings.