![]() ![]() On top of his financial woes, his private life never really left the spotlight. However, disaster struck again with the Global Financial Crisis in 2008.īy 2009, he saw the value of his assets, including casinos, pay TV stations, ski resorts and financial service providers, halve in a year, from $6 billion to less than $3 billion. In the years that followed, Mr Packer followed his dad’s advice and moved away from his family’s traditional media businesses to focus on creating a worldwide gambling empire. The elder Packer passed away later that year, aged 68. Their relationship remained that way for many years until a call between them in 2005, in which the elder Packer told his heir apparent to carve out his own path in life. James Packer and Tom Cruise became good friends. Mr Packer’s relationship with his father Kerry Packer – who was reportedly furious at his son’s business failure – also became strained that year. It was also in 2002 that his two-year marriage with glamour model Jodhi Meares broke down, sparking waves of headlines about their private lives in the nation’s gossip columns. ![]() The pair became good mates, but Mr Packer has since distanced himself from the church. It was in the States that Mr Packer found a way to cope with his world falling down around him – Scientology – and he was brought into the church by none other than its poster boy and megastar Tom Cruise. He said to me, ‘I feel like a general without an army’,” former Victorian Premier Jeff Kennett told author Damon Kitney in a biography on Mr Packer. “When One.Tel collapsed, I ran into James down at the Capital Golf Course. James Packer’s business venture One.Tel collapsed in 2001. In the latest slap-down to Mr Packer, who is Crown’s biggest shareholder, the NSW independent Liquor and Gaming Authority (ILGA) said corporate “arrogance” was a driving factor in the company turning a blind eye to illegal money laundering within its Melbourne and Perth venues. He had been looking for an escape route from his casino group Crown Resorts for years, so he can retreat into a more sheltered life – but every time it looks as if he’s about to break free, he is served another devastating blow. That experience inspired Carey to write one of her most emotional songs of all time, "Butterfly.There is an old adage that money doesn’t make you happy, and in the case of one of Australia’s richest men you can begin to understand what it means.īillionaire businessman and investor James Packer, 53, has this week topped off 20 years of misfortunes, public humiliations and scandals with a crushing blow.Ī damning new report has served a brutal roadblock to his $2.2 billion Barangaroo Crown casino project in Sydney – which he saw as his golden ticket out of the corporate world that has brought him so much misery. On the premiere episode, Carey discusses a past troubled relationship that she went through before Packer where she felt like she was trapped in a castle. One of the ways Carey moves on after a breakup is by working on music, which she calls her "saving grace." She explains, "No it's just, you know, all things in life it's just like you gotta see what's meant to be and if it's meant to be it's meant to be and if it's not then ultimately you just have to accept that and move on." When asked if it's hard to now relive those moments Mariah says, "No." In the premiere episode of "Mariah's World" we'll see Carey making wedding plans. ![]() Mariah Carey is opening up about her split from James Packer.īack in October it was revealed that Carey and her fiance had ended their relationship and now the "Mariah's World" star is talking about her breakup in an exclusive interview with E! News. ![]()
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