Kerry Packer Once Tipped MGM’s Staff $1 Million After A Big Night
— Updated on 7 June 2021

Kerry Packer Once Tipped MGM’s Staff $1 Million After A Big Night

— Updated on 7 June 2021
Garry Lu
Garry Lu

Love him or hate him, once thing is irrefutable – 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 country’s 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 weren’t limited to the boardroom.

Throughout the entirety of the 80s and 90s, Packer’s “accomplishments” during recreational casino visits gained considerable notoriety. In all fairness, you’d probably play it fast and loose if you were a billionaire of his calibre too.

These “accomplishments” 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 Company’s Last $5,000 In Vegas To Save It From Bankruptcy.

kerry packer blackjack

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 doesn’t 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, I’d like to imagine a single card-dealer hitting the jackpot by simply being within Packer’s proximity. Still, a million split a handful of ways – two dozen ways, even – is a considerable amount of cheddar. 

If you ever find yourself trawling through the interwebs for more legendary punting exploits about the man himself, you’ll come across even more pure gold. Maybe the one about how Kerry Packer played £15 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, “I’m worth $60 million!” To which Packer produced a coin and asked “Heads or tails?” – ostensibly to show he was willing to throw away said Texan businessman’s entire net worth on a 50/50 chance. And there’s not a shred of doubt in anyone’s mind that he would have followed through with it.

Now that’s a big dick move. 

kerry packer

Subscribe to B.H. Magazine

Garry Lu
After stretching his legs with companies such as The Motley Fool and the odd marketing agency, Garry joined Boss Hunting in 2019 as a fully-fledged Content Specialist. In 2021, he was promoted to News Editor. Garry proudly retains a blue belt in Brazilian Jiu-Jitsu, black bruises from Muay Thai, as well as a black belt in all things pop culture. Drop him a line at [email protected]


Share the article