The Fin

Succession part 2: The Pratts

Sep 25, 2024
Join billionaire Anthony Pratt, along with his sisters Heloise and Fiona, as they delve into the dramatic legal battles surrounding their family's fortune. Discover how their father Richard's complex succession plan ignited disputes, especially involving their half-sister Paula. The siblings share insights on the tension between wealth, legacy, and the public fallout from their father's controversial relationships. With Anthony's ties to Donald Trump also under the microscope, their narrative reveals the intricate balance of business and family ties.
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ANECDOTE

Visy's Origins

  • Leon Pratt, a Polish immigrant, founded Visy after devising cardboard boxes for apple growers.
  • Richard Pratt, his son, expanded Visy into a multi-billion dollar packaging empire.
ANECDOTE

Pratt's Influence

  • The Pratts became influential through lavish parties at their Raheen Mansion, hosting politicians and celebrities.
  • Richard Pratt's presidency at Carlton Football Club further cemented his public image.
ANECDOTE

Visy's Controversies

  • Visy faced controversy, including a $36 million fine for price-fixing, the largest in Australian history at the time.
  • Richard Pratt was charged with perjury, but charges were dropped the day before his death.
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