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Kerry Packer Kerry Packer’s gambling VideoKerry Packer On Parkinson 12/28/ · Kerry Packer began his career in Sydney in the mids as a junior executive at Australian Consolidated Press, the company his father, Sir Frank Packer, founded in . 12/28/ · · Kerry Francis Bullmore Packer, businessman, born December 17 ; died December 26 Mike Selvey writes: Kerry Packer's rival World Series Cricket circus was a . 7/2/ · The late Kerry Francis Bullmore Packer was the richest man in Australia. A media tycoon with a taste for high-stakes gambling. In , just a year before his dead, Kerry Packer's net worth was estimated to be $ billion.
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A few days later, the official Australian team was humbled in the first Test against England at Brisbane, a precursor to a 5—1 thrashing for a side now captained by the unprepared Graham Yallop.
Even Yallop felt himself unsuited to the position, and his team was unable to compete with an experienced, professional England side. Although the Englishmen merely defeated the opposition presented, they further damaged the ACB's cause by playing slow, grinding cricket.
Consequently, attendances were poor and the media clamoured for the Australian team to return to full strength.
On the other hand, WSC, with its aggressive marketing, nighttime play and plethora of one-day matches, had increased both attendances and television ratings.
The targeted audience of women and children flocked to WSC, and the playing standard remained high. The Supertest final at the SCG between Australian and the World teams, played under lights, drew almost 40, spectators over three days.
The sixth Australia-England Test at the same venue a week later was attended by just 22, people for four days of play. This overkill further damaged the ACB's finances.
The Pakistanis played their WSC men in what turned out to be an ill-tempered series. WSC then headed to the Caribbean for a tense, hard fought series that players from both Australia and West Indies declared the best they ever played in.
The West Indies and Australia finished the series 1—1. By , the ACB was in desperate financial straits and faced the prospect of fighting an opponent who had seemingly endless cash resources.
In two seasons, the combined losses of the two biggest cricket associations, New South Wales and Victoria , totalled more than half a million dollars.
However, Packer too was feeling the financial pinch — many years later, WSC insiders claimed that the losses he incurred were very much higher than the amounts quoted at the time.
During March of that year, Packer instigated a series of meetings with then chairman of the ACB board, Bob Parish, which hammered out an agreement on the future of Australian cricket.
When Parish announced the truce on 30 May , a surprise was in store for followers of the game. Not only had Channel Nine won the exclusive rights to telecast Australian cricket, it was granted a ten-year contract to promote and market the game through a new company, PBL Marketing.
According to the issue of Wisden : . The feeling in many quarters was that when the Australian Board first found Packer at their throats, the rest of the cricket world supported them to the hilt; even to the extent of highly expensive court cases which cricket could ill afford.
Now, when it suited Australia, they had brushed their friends aside to meet their own ends. This left some disillusioned and apprehensive that they would suffer discrimination from the ACB in the coming years.
Both tours produced sub-standard Australian performances, and both were led by Kim Hughes. The season's schedule mimicked the WSC format.
England and West Indies toured, playing three Tests each against Australia, with a triangular one-day tournament the World Series Cup interspersed among the Tests.
Australia's results were mixed: in the Test matches, they defeated England 3—0 having lost 5—1 to the same opponents the previous summer but lost 0—2 to West Indies, and they failed to make the final of the one-day tournament.
The format of the season received heavy criticism,  but still made a healthy profit, much of which went to PBL rather than the ACB.
World Series Cricket changed the game in many ways. He also was said to interfere with the programming for his TV stations occasionally.
It was noted that Packer would often manipulate many broadcasts that involved cricket. He did this because he wanted to make sure that the end of the cricket match was appropriately broadcast.
In , the Nine Network had a cricket rights deal that somehow leads to a confrontation with cricket authorities. He along with top players from many countries did meet to join him at the cost of their international sides.
Wednesday, 9th December Shane Warne was another on his books until he was sacked in for his off-field indiscretions.
Packer, who had a kidney transplant in , had a history of serious illnesses and suffered severe health problems over the past couple of years. A statement from Channel 9 said he died "peacefully at home with his family at his bedside" on Boxing Day, The Australians keep a moment's silence in memory of Kerry Packer.
In , the charges were formally dismissed by Attorney-General Lionel Bowen. I like cash. I have a squirrel mentality. I like to keep money in cash.
It is by no means the most cash I ever had in my life. Notwithstanding the significant efforts made to preserve his security and privacy, Packer suffered two mysterious break-ins at his companies' headquarters in Park Street, Sydney:.
Packer broke the sports boycott of apartheid South Africa which prevented South African sportsmen from representing their country when he recruited a number of South African cricketers to play on his World Series Cricket Team.
His timing was criticised, coming just months after the Soweto riots and the death of Steve Biko , murdered by the members of the South African security forces.
Packer's primary schooling suffered greatly when he was stricken with a severe bout of poliomyelitis at age eight, and he was confined to an iron lung for nine months.
His father apparently thought little of his son's abilities, once cruelly describing him as "the family idiot", although Kerry subsequently steered PBL to heights far beyond anything his father or brother achieved.
The nickname his father gave Kerry made him strive to new heights in schooling, trying to achieve "A" grades. His end of year report said he was one of the most notable students.
In an interview, former employee Trevor Sykes stated that "He didn't read much on the printed page. If you didn't want Kerry to read something, you wrote more than a one-page memo.
Packer's grandfather Herbert Bullmore represented the Scotland national rugby union team in an international match against Ireland in Dublin in and worked as a doctor in Sydney for many years.
At the time of Packer's death, he and Ros had two grandchildren: Francesca then 10, and Ben, then 7, from Gretel's first marriage to British financier Nick Barham,  and Gretel and her husband Shane Murray were expecting their first child together, William born Packer conducted extra-marital affairs with a number of women including the model Carol Lopes—who reportedly committed suicide after being shunned by Packer—publisher and former ConPress employee Ita Buttrose , and Julie Trethowan, his long-time mistress and manager from of the Packer-owned Sydney city health and fitness club, the Hyde Park Club.
After his death, the Sydney Morning Herald reported that from about , Packer transferred control of multimillion-dollar Sydney real estate holdings to Trethowan.
In June , the Sydney Morning Herald reported that former federal opposition leader , and subsequently an Australian Prime Minister, Malcolm Turnbull — a former legal adviser and business associate of Packer — revealed to journalist Annabel Crabb that Packer had threatened to have him killed when they fell out over their attempt to take over the Fairfax newspaper group through their Tourang consortium.
Packer reportedly made the threat after Turnbull told Packer he was going to have him thrown out of the consortium by revealing Packer's intention to play an interventionist role in the newspaper group.
I didn't think he was completely serious, but I didn't think he was entirely joking either. Look, he could be pretty scary. He did threaten to kill me and I said to him: 'Well, you'd better make sure that your assassin gets me first because, if he misses, you better know I won't miss you.
He could charm the birds out of the trees, but he could be a brute. He was an advocate of the Australian Republic Movement.
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Your comments are always appreciated. His health was his other main preoccupation in the last years of his life.
The Packers always suffered from heart disease. Kerry's father and grand- father both died from heart failure, at the ages of 67 and 54 respectively, as did his mother at Kerry Packer himself once said that he would never live past And he was almost right.
In late , two months short of his 53rd birthday, he suffered a massive heart attack while playing polo in Sydney. Technically he died, when his heart stopped beating for seven minutes.
But he famously came back from the dead when he discharged himself from hospital a week later and returned to the same polo field, where he abused photographers who were trying to record his recovery.
It was not Packer's first brush with death, or his last. He had a cancerous kidney removed in London in after collapsing while playing golf at Gleneagles.
And in July , he had his private DC8 jet fitted out as a hospital and flew from Sydney to New York, where he underwent yet another round of heart surgery, at Cornell Medical Center.
Paul Barry, in his book The Rise and Rise of Kerry Packer , the most complete account of the secretive tycoon's life, described him aptly as "vast, superhuman, angry and unstoppable".
For the last five years of his life, Packer survived on a transplanted kidney donated by Nick Ross, his helicopter pilot. Kerry Packer began his career in Sydney in the mids as a junior executive at Australian Consolidated Press, the company his father, Sir Frank Packer, founded in the s.
Sir Frank was an old-fashioned, tyrannical proprietor in a city where the newspaper business was driven by cut-throat competition.
The building where the Packer family published two of Australia's most wealthy tabloid newspapers, the Daily Telegraph and the Sunday Telegraph, and its most profitable magazine, The Australian Women's Weekly, could have come straight from an old-fashioned Hollywood newspaper set.
The wood-panelled newsroom echoed to the din of reporters pounding on clanking typewriters stories of murders and city scandals, and of harassed sub-editors in eyeshades barking orders to copy boys.
Sir Frank Packer, a one-time champion boxer, was glimpsed by the staff only in lifts or his chauffeur-driven limousine. But his rule cast terror through the place, as his son's would do 20 years later.
Kerry Packer first sprang to public prominence in , soon after the young Rupert Murdoch had arrived in Sydney as a publisher from Adelaide. Murdoch quickly became embroiled with the Packers in a battle for control of an ailing suburban printing plant.
On the night of 7 June that year, the plant was occupied by groups of men from both sides, including the burly Kerry Packer and his equally burly elder brother, Clyde.
Punches were exchanged, and the plant's manager was shoved into the street. The enterprising Murdoch - who eventually won the battle in a legal settlement - had sent a photographer along, and splashed the story next day on the front page of the Daily Mirror, his recently acquired Sydney tabloid, under the headline, "Knight's Sons in City Brawl".
The incident foreshadowed a new landscape, which brought big changes for Kerry Packer. Consolidated Press was left with its profitable magazines and Channel Nine television stations.
Clyde Packer, always considered the intellectually brighter son, and the most likely heir, fought with his father, took his inheritance and left Sydney for California.
So, when Sir Frank died only two years later, in , it was the less prominent Kerry who succeeded his father in all corporate posts. To many people's surprise, Kerry Packer embarked vigorously, and with considerable acumen, on consolidating and expanding the dynasty.
He took a deep personal interest in the fortunes of Channel Nine, building it to a dominant role in Australian commercial television with slick, professional programming.
His formula centred on popular current affairs programmes and grasping control of the television rights for as many big sporting events as he could.
It was his obsession with television sport which introduced him to a shocked British public in , when he declared war on the cricket establishment in Britain and Australia with his outrageous World Series Cricket venture.
This amounted to buying the world's best cricketers to stage his own matches on Channel Nine, in order to wrest the rights held by the state-owned Australian Broadcasting Corporation.
His WSC one-day matches featured matches under lights, with players wearing coloured clothing and using a white ball. Later that year, after bans were imposed on Packer players, he took the Test and County Cricket Board to the High Court and won, with the judge ruling that the bans were an unreasonable restraint of trade.
Packer agreed to disband his cricket venture only after the Australian authorities eventually caved in and granted him long-term rights to televise and market cricket in Australia.