If you also have a passion for horse racing, then check out the best horse racing betting sites where you’ll find plenty of wagering opportunities and competitive odds. Kerry Packer simply didn’t care that much about the money. Once, in 1987 on the Golden Slipper, he lost $28 million, then he asked to increase the amount of his bets and returned what was lost in no time. He is known as the worst fear of the local bookies. He enjoyed horse racing, and he was a regular guest on Melbourne’s Cup. This is also a known fact about Kerry Packer’s story. Kerry Packer – The Australian Horse Racing High Roller Once he gave $150,000 to a croupier after finding out about his house mortgage and struggles. Once, he played on seven blackjack tables at the same time and won $25 million in 40 minutes, something you can’t do at the most trusted online casino sites in Canada but you can sure try to! There are also stories of Kerry Packer’s generosity and kindness. It is also known that he was a regular in Las Vegas casinos, and more particularly, in MGM Grand. There was even a tale for a session when he lost over £19 million exactly in that room. Ritz Hotel in London had a dedicated room, especially for him, where he could play blackjack with a minimum of £10,000 per hand. He is known as one of the most famous horse racing high rollers in history. For Kerry Packer, gambling was one of the ways he blew off some steam. Kerry Packer became a casino legend thanks to the fact that he hated to lose. Although business was one of Kerry’s passions, today on focus is the Kerry Packer story so that we will continue with another love of his – gambling! Kerry Packer Gambling Passion From a corporate aspect, we showed you just the tip of the iceberg of the Packers’ multi-million network. You might find much more information and documents about their business on the web. You must understand that the Packer family was associated with, and it was part of over 200 companies. World Series Cricket – You may not know, but exactly Kerry Packer is the person who was able to put down all the pieces and establish a world tournament for Cricket in 1977.Publishing and Broadcasting Limited (PBL) – PBL is in some sense the legacy of Packer’s family because it combines both the Nine Network and Australian Consolidate under the same hat – PBL Media.Undoubtedly this was one of the largest TV media in Australia at that time. Later on, it was changed to National Nine Network, and in 1988 it was renamed Nine Network Australia. It quickly became a National Television Network. Nine Television Network – This is the second-largest family company used to control other assets of theirs.This company is a shareholder in many other companies of theirs like the Publishing and Broadcasting Limited. Consolidate Press Holdings – In 1954, Australian Consolidate Press combined forces with The Daily Telegraph and overtook a significant part of the media market in Australia back then. Australian Consolidated Press – Founded in 1936 by Frank Packer, this is maybe one of the family’s first successful companies.But of course, we will tell you where they had more influence. Therefore, to skip any confusion, we won’t get that deep, mentioning the exact percentages. First, you should know that the family participated in many companies with different percentages of shares. Kerry Packer Business EmpireĪs you already know, media was the family business, and Kerry Packer’s father and grandfather are the people who laid the foundation of their business empire. Despite the fact that his older brother was always the more favourite son. When their father, Sir Frank Packer, passed away in 1972, he left the multi-million business empire to Kerry. He tried as a professional sports player in many sports but without any success. Kerry Packer had a brother called Clyde Packer. Still, Kerry is the one who took advantage of the technical evolution in the 80s and improved significantly what his father once started. It is a fact that Kerry Packer was born a millionaire, and he received the whole media empire from his father, Sir Frank Packer.Īs you may know, both Nine Network and Australian Consolidated Press are founded by him.
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