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Peter Dracakis began their work experience in 1988 as a Director at an unknown company, which they continued with until the present. In 1995, they worked as a Diamond Setter at Cerrone for a year. From 1999 to 2005, they worked as a Jeweller at Sweeney Australia. In 2016, they became the President of the Manly/Warringah Hellenic Branch for the Liberal Party of Australia.

Peter Dracakis attended Pittwater House from 1979 to 1982 and SCECGS Redlands from 1983 to 1988. No degree or field of study information is available for either school.