#Kerry packer gambling story series#
In 1977, frustrated at the Australian Cricket Board's refusal to accept a AUS$1.5 million bid for the television rights to screen Australian Test matches and Sheffield Shield Cricket, he signed more than 50 cricketers to play in his own tournament.įor a while, the game was split between the establishment - the International Cricket Conference- and Packer's World Series Cricket, with Packer cast in the role of divisive rabble-rouser. This page details his biography as a gambler. In 1991 his attempt to increase his media empire by buying the Fairfax newspaper group foundered when members of parliament ruled that his control of the media was verging on a monopoly.Īnd it was another failed business bid that led to the greatest controversy cricket has known. one of the richest and most interesting high roller gamblers in history. There have been frustrations and set-backs, of course. Three years later, Bond was in financial trouble and Kerry bought the stations back for a quarter of the price.
#Kerry packer gambling story tv#
In one inspired moment in 1987 he sold two Channel Nine TV stations to businessman Alan Bond for AUS$1 billion. His father, Frank, a hard taskmaster who often patronised Kerry in public, built up the television and publishing business.Īs a visionary, however, Kerry proved to be in a class of his own. With that kind of money being thrown around, there are certainly some amazing high roller gambling stories here are the 10 best. Now the group, Publishing and Broadcasting, owns Australia's largest casino, Melbourne's Crown Casino, Nine Network television and 60 per cent of Australia's magazines. It won and he bought himself the boat fare to the mainland where he got a job as a journalist and started to build the family's media empire. His grandfather is said to have found a 10 shilling note in a Tasmanian street at the turn of the century and decided to put it all on a horse.
He became one of the world’s greatest gamblers, and his legacy was gambling away up to 200 million during his gambling career. Then there are the strokes that the 62-year-old has suffered - eight in all, and one of which left him "clinically dead" for (so legend has it) seven minutes in October 1990.Īnd there is the kidney donated by his helicopter pilot, British-born Nicholas Ross - "Biggles" to his long-time employer and friend.Īs a child, Packer was out of school between the age of four and nine with polio, an often fatal or crippling illness in the 1940s.Įven the story of the origins of the Packer empire beggars belief. Kerry Francis Bullmore Packer, an Australian media tycoon, born was born on 17 December 1937 in Sydney. Packer with Australian Prime Minister John HowardĪfter Packer had gone, she was given an envelope within which was a cheque in her name for the sum of the mortgage.
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