Packer, 46, and Kerr, 30, grew up in the same New South Wales town, Gunnedah, and Packer provided business advice to Kerr when she launched her line of Kora beauty products.
While Kerr has seen some career turmoil lately and was recently accused of photoshopping her Instagram photos, Packer is the son of the late media mogul, Kerry Packer and inherited control of the family company, Consolidated Press Holdings Limited.
BRW Australia ranked James Packer third in its May 2013 ‘Rich 200’ list with his wealth estimated at A$6.0 billion.
“Australian weekly magazine Woman’s Day, once owned by the Packer family, is publishing claims that Packer and Kerr are in new relationships after both announced, just 45 days apart, that their marriages were over,” notes PageSix.
“Both James Packer and Erica Baxter are longtime friends of Kerr and Bloom,” adds the report. “They were all pictured vacationing together with their families in Tahiti last year.”
Packer and Erica have three children, while Kerr and Bloom have a 2-year-old son, Flynn.
Reps for both have declined to comment.
Business Insider Emails & Alerts
Site highlights each day to your inbox.