Billionaire James Packer shows off his slimmed-down figure after 33kg weight loss as he goes for a walk with ex-wife Jodhi Meares in LA after spending Christmas together

James Packer has lost a whopping 33kg.

And on Wednesday, the Australian billionaire looked trim and healthy as he spent time with his ex-wife Jodhi Meares in Los Angeles.

The casino mogul and former model were spotted strolling through Beverly Hills with some friends for the second time in a few weeks.

The Australian businessman, 56, opted for a loose blue shirt and wide trousers for the training session.

Despite having company, he wore Apple AirPods and completed his look with a pair of sneakers.

Meanwhile, Jodhi showed off her fit physique in a sleeveless white top paired with dark blue leggings.

The Sydney fashion designer wore her hair in soft, natural waves and also wore sunglasses.

The former couple were spotted in the area just before Christmas and are said to have spent the holidays together.

Jodhi, the founder of activewear label The Upside, has a close relationship with her ex-husband and considers him a “good friend and advisor.”

The former couple married in a lavish ceremony in Sydney in 1999. About 750 guests attended and Elton John performed at the reception.

However, they separated three years later in 2002 and divorced shortly after. Even though their marriage fell apart, they have remained friends.

The billionaire casino mogul and former model were spotted strolling through Beverly Hills with some friends

A recent authorized biography, The Price of Fortune: The Untold Story of Being James Packer by Damon Kitney, highlighted James’ close bond with his exes.

He told the author, “Jodhi is a great source of happiness and friendship in my life.”

James added that he also still talks to his second wife, Erica Packer (née Baxter), whom he split from in 2013 after six years of marriage, “several times a day.”

“I’m so lucky to have them both in my life,” he said, referring to Jodhi and Erica.

James currently splits his time between LA and Aspen. He plans to continue living in the US to stay close to Erica and their children: Indigo, Jackson and Emmanuelle.

Jodhi, the founder of activewear label The Upside, has a close relationship with her ex-husband and considers him a ‘close friend and advisor’

The former couple married in 1999 in a lavish ceremony in Sydney. However, they separated three years later in 2002 and divorced shortly after. (Pictured here in the late 1990s)

Meanwhile, James has lost more than 70 pounds (33 kg) in the past two years and has also come off the psychiatric medications that altered his mood for so long.

James told The Weekend Australian in June 2022 that he was ready to embark on the ‘third act’ of his life, including a planned return to his hometown of Sydney.

‘I now weigh about 130 kg and want to weigh 100 kg again by the end of 2022. “I want to swim at Bondi with my kids next year when we’re all together in Sydney and weigh 100kg,” he said from his home in Mexico.

James revealed he had stopped taking the antidepressants and antipsychotics he was taking, and now wanted to ‘rehabilitate’ his reputation in Australia.

In a subsequent interview with The Sydney Morning Herald, James said he had lost a total of 33kg by quitting alcohol, following a strict diet and exercise regime and limiting his daily calorie intake.

James has lost more than 70 pounds (33 kg) in the past two years and has also left the psychiatric medications that altered his mood for so long. In the photo 2017