Richard Pratt was one of Australia's most successful, formidable and charismatic businessmen. Yet for all this he was unfailingly human, his life playing out like a drama even after the final act. Self-made billionaire, family man, generous philanthropist, patron of the arts and Carlton Football Club saviour were just a few of Pratt's many guises, and in this compelling biography the truth behind the headlines is revealed. The twists and turns of Pratt's life are chronicled with candour -- from humble beginnings in Poland to the heights of global business success tainted by the humiliating price-fixing scandal that earned Visy the largest corporate fine in Australia's history.Pratt's many achievements and controversies polarised public opinion but made him one of Australia's most enigmatic public figures. Though his legacy is debatable, no-one can deny that Richard Pratt was ... one out of the box.
Pratt believes that staying private allows him to deal with strategic issues without interference.
Through networking you often get in at the ground floor on a lot of deals.
Customers will remember a good night out more than a discount on a paper box contract.
B&F of Carlton Under 18's.
Took over there managing of Visy Group upon the date of his Father in 1969. Had $5m revenue. Richard was a Visy salesman before that.
Pratt Group found it hard in the 1990's as the recession hit because of falling paper prices and his involvement in the Battery Group.
Pratt could be contradictory. He has at times taken a very tough stance with his union employees despite claiming he treats his employees differently. He had a mistress for a number o years despite talking often about family values.
Tony Barber has been Pratt's employed entertainment officers since 1999.
Pratt strokes achievers in public and tackles their failing is private.
Keeping up with the latest efficiencies and savings available from new tech is the central operating principle.
Pratt sold Occidental and Regal from Battery Group to Heath Holdings, which ended up being a front for conman Phillip Carver. He started using the money in Occidental and Regal for personal use. Cost Battery Group $150m. Carver went to jail for 5.5 years.
Send your best people to expanding markets.
People who don't contribute to a meeting have no reason to be in the room.