Fresh off her split from Orlando Bloom, Miranda Kerr has reportedly moved on with a billionaire.
Kerr is allegedly romancing James Packer, an Australian business mogul whose net worth tops $7 billion, the Sydney Morning Herald reports. On Monday (Dec. 2), Woman’s Day magazine -- which was previously owned by Packer's family -- ran a cover story about the supposed relationship with the headline "Head Over Heels: The Billionaire, The Supermodel and Their Red Hot Romance."
While neither party has officially confirmed the romance, Women's Day editor Fiona Connolly is "standing behind the story 100 percent," according to the SMH. The two are supposedly treading lightly because each is coming out of a marriage.
Kerr announced her split from Bloom in October after three years of seemingly wedded bliss. In September, Packer and his wife of six years, Erica Baxter, ended their marriage. She got a $100 million payout in November, according to the Daily Telegraph.
The moneyed Aussie and the Victoria's Secret bombshell were apparently good friends while they were both married to their significant others. The New York Post's Page Six reported Kerr, Packer and their families vacationed together in Tahiti last year. He also allegedly gave her advice when she was starting her beauty line, Kora Organics.
Still, the 30-year-old stunner seems to be on great terms with her ex. The former couple reunited in New York City this weekend when she took their son, Flynn, to watch the actor rehearse for "Romeo and Juliet" Saturday.
A rep for Kerr was not immediately available for comment.