James Packer has reportedly split from American model Renee Blythewood for the second time after a year of on-again off-again dating.

A source told news.com the Australian billionaire, 57, who met Blythewood in 2023, has already moved on to another former flame.

The pair are believed to have broken up in February, just a few weeks after the couple attended a dinner with US president Donald Trump and Tesla boss Elon Musk.

Blythewood photographed the intimate gathering in January, which took place at Trump’s Palm Beach estate Mar-a-Lago, and posted it to her Instagram account, tipping off the media about the private dinner.

In the image, Trump could be seen engrossed in conversation, with Musk and Packer’s Ratpac business partner Brett Ratner also in attendance.   

The photos were later deleted and it’s said Packer and Blythewood split just a few weeks later.

Packer appeared to have a new lease on life after going public with Blythewood at the Cannes Film Festival in May last year. 

The billionaire, who started dating the blonde beauty near the end of 2023 after they were introduced by a member of his inner circle, said in July he was ‘looking forward to the future’ with Blythewood.

Though it appears they had a tumultuous relationship as they reportedly had a brief separation in September before rekindling their romance. 

‘I’m doing OK. Better in some ways than others, but overall can’t complain at all, and am looking forward to the future,’ Packer told The Daily Telegraph during the height of their romance. 

The father-of-three also spoke about his fluctuating weight and admitted it remains a ‘constant struggle’ for him as he addressed his recent weight gain.

Packer said he found it tough to lose weight when he was taking medication for his bipolar disorder, which he was diagnosed with in 2016.

But the businessman attempted to wean himself off the medication and adjust his lifestyle by quitting sugar, smoking and drinking, and going on ‘long walks’.

While that helped him shed the kilos down to 110, Packer said he was ’embarrassed’ to admit he started eating sugar again in February 2024 because he ‘loves it so much’.

Just a few months earlier in May, Packer had gone public with Blythewood when they were spotted at the star-studded Cannes Film Festival together.

In photos shared to Instagram, Blythewood smiled alongside the mega-wealthy businessman as they posed for a picture with a group of friends on the red carpet.

The pair reportedly enjoyed a string of low-key dinners together during their time in Cannes, while Blythewood is said to have joined James on his luxury yacht.

The lavish yacht had reportedly been moored off Antibes, France, for the week after travelling over from Barcelona for the esteemed film festival.

Blythewood, who shares son Levi, 16, with a former partner, carved out a successful modelling career for herself at the young age of 10.

Packer was previously married to Erica Packer. They got married in 2007 and split in 2013, but continue to co-parent their children—Indigo, Jackson and Emmanuelle.

Erica reportedly received a $100million divorce payment, and purchased a family home in Los Angeles shortly after the break-up.

Packer also bought an $80million Los Angeles mansion so he could be closer to Erica and their children whenever he is in town.

When Erica visits Sydney, she often lives with her former husband and their children at his $72million Crown penthouse home.

Erica has since found love again with Shannon Bennett and they have reportedly bought a house together.

Shannon shares kids Phoenix, Hendrix, Xascha, Xanthe, Xahlia and Margaux with ex partner Madeleine West.

Before his relationship with Erica, Packer was married to Jodhi Meares and they have remained friends ever since their split.

They tied the knot in a lavish ceremony in Sydney in 1999, where around 750 guests attended and Elton John performed.

However, they separated three years later in 2002 and divorced shortly after.