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Richard Pratt: Visy Industries
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Richard Pratt is the Chairman of Visy Industries, one of Australia's largest privately owned companies and a market leader in the packaging and recycling industries, employing almost 8,000 people in Australia and the United States. Visy's total manufacturing sales now exceed $3 billion.
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While Richard Pratt rummages through Visy’s petty cash tin to come up with $38 million, those with long memories will know this isn’t Pratt’s first corporate escape. Alan Jury in the Chanticleer column in the AFR last week observed that:
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Richard J. Pratt was born in Danzig, of Polish parents, March 12, 1934, emigrating to Australia from pre-war Poland in 1938 via England. He graduated from University High School in 1952 and enrolled at University of Melbourne. At age 18, he was juggling study, theatre, and his position as company salesman for the family business, Visy Board. After a brief theatre career in London, he returned to Melbourne and the company,
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Pratt, Australia's third-richest man, is accused along with other executives of agreeing with Melbourne-based Amcor to fix prices in the country's corrugated box industry between 2000 and 2004. Visy, which strenuously denies anti-competitive behavior, says if the evidence shows breaches of the Trade Practices Act then the company will face the consequences.
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Richard J. Pratt, AC (born Ryszard Przecicki, 1934) is a prominent Australian businessman, chairman of the privately owned cardboard company Visy Industries, president of the Carlton Football Club and a leading figure of Melbourne society. As of 2007, Pratt's personal fortune was valued at A$5.3 billion, and he was Australia's third richest man.[1]
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The main subject of Pratt's correspondence until 1904 was the founding and administration of the Carlisle Indian Industrial School. His correspondence reveals Pratt's efforts to gain support for the school from Indians, the government, and private donors as well as the day to day difficulties in the actual management of the school. In addition, there is correspondence with former Indian students like Howard E. Gansworth, Dr. Carlos Montezuma, and Chauncey Yellow Robe on the position and problems of Indians in America.
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