Behind every billionaire there is a story!

James Packer and his model wife Erica Baxter are expecting their first child in June.

The pregnancy caps off a dream year for the Packers, who celebrated a lavish four-day, $6 million wedding on the French Riviera last June.The couple have told friends they are delighted about the impending new addition to their family.

Due back in Sydney later this week after a summer holiday in the US, the Packers have been able to enjoy some privacy during Baxter’s first trimester.

“They are delighted,” a source close to the Packers said.

“They can’t believe they haven’t been in the spotlight yet, but Erica has a noticeable bump now, so they know it’s going to end.”

The Packers enjoyed a family Christmas in Sydney and spent Boxing Day on their luxury yacht, the Arctic P, before jetting to the United States for a break.

The new Packer heir will be born into one of Australia’s most prominent families, to a father who took over the role of patriarch from the late Kerry Packer, who died on Boxing Day, 2005.

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