Love him or hate him, once thing is irrefutable โ the Packer dynasty knows how to ball out. Especially Kerry Packer himself.
The Aussie media tycoon, who was once considered to be one of the countryโs most powerful men, built an empire that earned him a net worth of $6.5 billion by the time of his passing. As it turns out, his legendary exploits werenโt limited to the boardroom.
Throughout the entirety of the 80s and 90s, Packerโs โaccomplishmentsโ during recreational casino visits gained considerable notoriety. In all fairness, youโd probably play it fast and loose if you were a billionaire of his calibre too.
These โaccomplishmentsโ reportedly got so out of hand that the present-day recounts of them blur the line between fact and fiction. To this day, many remain unclear on what did and did not happen. A story that is perennially mentioned, however, involves a single night at the MGM Grand, Las Vegas (as all good stories do).
RELATED: FedEx CEO Once Punted The Companyโs Last $5,000 In Vegas To Save It From Bankruptcy.
RELATED: James Packer Checks Out His Cabo Beach Shack From $290 Million Superyacht
On this particular night, Kerry Packer was making the rounds and allegedly playing US$250,000 hands at several (yes, several) tables. This apparently ended very fortunately, as the high-rolling punter won a total of US$20 million. But the story doesnโt end there.
As many have claimed, Packer was in such good spirits about taking home his newly generated millions that he saw fit to tip the MGM staff as much as US$1 million. Between how many staff has never been confirmed. Personally, Iโd like to imagine a single card-dealer hitting the jackpot by simply being within Packerโs proximity. Still, a million split a handful of ways โ two dozen ways, even โ is a considerable amount of cheddar.
If you ever find yourself trawling through the interwebs for more legendary punting exploits about the man himself, youโll come across even more pure gold. Maybe the one about how Kerry Packer played ยฃ15 million on four different roulette tables only to lose it all. Or perhaps the time a Texan businessman tried to out-piss Packer by yelling, โIโm worth $60 million!โ To which Packer produced a coin and asked โHeads or tails?โ โ ostensibly to show he was willing to throw away said Texan businessmanโs entire net worth on a 50/50 chance. And thereโs not a shred of doubt in anyoneโs mind that he would have followed through with it.
Now thatโs a big dick move.