“I read a lot about Cengiz Khan: he wasn’t very attractive, but he was bloody and effective,” was probably what Packer said at the time. For a while, the game was split between the International Cricket Conference and Packer’s World Series Cricket. Then he signed more than 50 cricket players to participate in his own tournament. In 1977, Packer was refused by the Australian Cricket Board to sell the rights to televise the games. Packer’s other failed business proposal led to the biggest scandal in the history of the game of cricket. But the Australian Parliament ruled that Kerry already had too much control over the media and banned the deal. In 1991, he tried to increase his empire by wanting to buy the Fairfax group of newspapers. Eventually, Kerry almost monopolized all the media in the country. Three years later, he bought them back for a quarter of the price. That was a lot more than they were actually worth. So in 1987, he sold two television stations to businessman Alan Bond for a billion dollars. Kerry Packer later proved to be a stronger businessman and visionary than his father. Despite a difficult relationship, Kerry always admired his father and initially ran the business like him. In 1974, Frank Packer died and Kerry inherited the business. After graduation, he went straight to work for his father. Kerry graduated from high school when he was 19. My method of survival in school was sports,” Packer said. Luckily, thanks to a passion for sports, he almost fully recovered. In school, the future famous player returned only at age nine, very behind his peers. The disease was very difficult, Kerry spent nine months in bed with a respirator, which helped him breathe. At the age of five, he went to boarding school, and a year later he fell ill with polio. Kerry’s childhood years were spent in loneliness and illness. Later in 1979, in a radio interview, Kerry spoke about his upbringing: “I think my father and I had a lot of contradictions because we belong to different personality types. had a difficult temper, being totally immersed in his work and paying little attention to his children, Kerry and Clyde. This allowed Kerry’s father to constantly expand the business. In 1933, he began publishing specialized magazines, which were very popular. The future billionaire’s father, Frank Packer, continued the family business. Now the Publishing and Broadcasting group, founded by Kerry Packer’s ancestor, owns the country’s largest Crown Casino, a television station, and 60 percent of all periodicals in Australia, including the popular women’s magazine Belle and the Sydney’s Daily Telegraph, the most widely read newspaper in the country. Arriving on the mainland, Packer’s grandfather got a job as a journalist and began building a media empire. He won and used the proceeds to buy his way to Australia. “According to a legend,” his grandfather found 10 shillings on a London street and decided to bet it at a horse race. The origin story of Packer’s empire is a legend for beggars who believe in getting rich. However, losses of this size are unlikely to deter Packer from continuing his beloved hobby. And in three weeks he lost 13 million, breaking all records for losses in Great Britain. He easily bet £250,000 on all seven boxes when playing blackjack at Crockford Casino in London. He is a passionate gambler who has no regrets about losing $20 million over three days of gambling in Las Vegas (one of the biggest losses in that city’s history). His capital is estimated by various estimates at between 3 and 6 billion Australian dollars. Whales are eligible for instant credit of up to $5 million and in some cases up to $10 million.Ī legendary personality in the world of gambling, Australian media mogul Kerry Packer is one of the most global players in the world. Most whales gamble away from tourists – in lounges set up, especially for them. The only money they have to have is for gambling. The Whales are given a presidential hotel room for free, and offered all sorts of services for free, including the use of a private casino jet. Eighty percent of these whales are Asian, including the Sultan of Brunei, arms dealer Adnan Khashoggi, and tycoon Jimmy Goldsmith. Casino operators use the term “whale” to refer to players capable of winning or losing millions of dollars.
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