Australian billionaire Anthony Pratt has been thrust into the spotlight after US press reports claimed former President Donald Trump passed secrets about US nuclear submarines to the businessman.
ABC News first reported that Trump discussed the potentially sensitive information with Pratt — who is a member of his Mar-a-Lago Club — shortly after leaving office. The report claims the businessman then shared that information with several others following the revelations at Trump’s private club.
Here’s a quick overview of what you need to know about Australia’s ‘cardboard king’.
Who is Anthony Pratt?
He is chairman of both Visy and Pratt Industries, two major paper and packaging companies. Visy, founded by his father, is Australia’s second-largest private company, while Pratt Industries is the group’s US corrugated packaging company, with about $12 billion in assets.
What is its main activity?
In Australia, his company is intensively involved in the recycling of paper, glass and other products. In the US it is mainly cardboard boxes. Trump even visited a Pratt paper recycling plant in Ohio in 2020 and described it as “really amazing.”
How much is Anthony Pratt worth?
According to the Bloomberg Billionaires Index, he is worth $9.2 billion. That makes him the 213th richest person in the world, the data shows.
Where does he stand politically?
Pratt is known to support both sides of politics, both in Australia and the US.
What was he doing at Mar-a-Lago?
Pratt joined Mar-a-Lago in 2017. He divides his time between Melbourne and New York, where he has lived for many years.