Born in Poland, Richard Pratt escaped with his family to Australia on the eve of World War II. He is Chairman of Visy Industries, which employs more than 7,000 people in Australia and the U.S., where it is known as Pratt Industries. The company's New York paper mill is the only mill ever built in New York City, and the largest manufacturing investment of any kind in the City in 50 years.
Visy and Pratt Industries are world leaders in conservation. The New York mill alone, producing 100% recycled paper, saves 4,000 trees per day, and uses 1,000 tons of paper daily that would otherwise have gone to landfill.
Richard Pratt and his family are among Australia's major private philanthropists. In 1998 he was awarded Australia's highest honor: the AC-the Companion of the Order of Australia.