Packer first appeared on various wealth lists in 2006, following the death of his father the previous year and the intergeneration transfer of the bulk of Kerry Packer's wealth to his son, James. James Packer's wealth was valued at A$7.25 billion. A television report on 21 June 2007 alleged that Packer had lost in excess of A$1 billion over the previous six months in 2007 due to poor investment decisions and falling profits. The 2008 "BRW" Rich 200 listed Packer as the third-richest person in Australia with a personal wealth of A$6.1 billion, behind Fortescue Metals Group chief executive Andrew Forrest and Westfield Group's Frank Lowy. That was the first time in 21 years that a member of the Packer family had not topped the list. According to "BRW", Packer's wealth dipped to an estimated A$3 billion during 2009. In its 2013 "BRW Rich 200" list, Packer was ranked third with his wealth estimated at A$6.0 billion, a boost of A$1.1 billion on the previous year. In the 2014 wealth rankings by "BRW", Packer's wealth was assessed at A$7.19 billion, making him the third-richest Australian. In 2015 "BRW" Rich 200, Packer's net worth was assessed at A$6.08 billion, making him the seventh-richest Australian.