“Every bastard knew, don’t try anything with me because the first thing people have got to understand in public life, the most important qualification, is not having a price,” he said. It was through this method he raked in millions for the Liberal Party, with some of Australia’s richest men. Mr Heffernan spent a lot of time on the phone during his time in Canberra. “I used to do it by just rocking up and saying, ‘Listen, mate, have you got any spare change?’” he told The New Daily.
There’s no rulebook for political fundraising – but if there were one he should write it.
#Kerry packer 52 million win how to#
So what can we learn from one of the Liberal Party’s great fundraisers about how to stay on the straight and narrow? It is political fundraising that NSW’s Independent Commission Against Corruption is currently considering, with explosive evidence of a plastic Aldi bag stuffed with $100,000 delivered to the ALP’s Sussex Street office, suicide notes, and Chinese billionaires. Privacy Policy.It’s a term he would not approve of because he did not accept cash when he tapped the rich and powerful for party fundraising, but there’s no doubt in his day he was one of the best. Under which this service is provided to you. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018Ĭable News Network. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. Note: Pages will open in a new browser windowĮxternal sites are not endorsed by CNNmoney But like anyone who thrives on the flip of a card, he has also had his share of losses, once dropping about $10 million. On at least two occasions he has twice returned home from Las Vegas with millions of dollars added to his wallet. He recently blocked Murdoch's plans for an independent rugby league and then foiled the mogul buy capturing control of a pay-TV company Murdoch hoped to acquire.Īs a gambler, Packer has gained a world of fame. Much like the competitive venom spewed between Murdoch and CNN-founder Ted Turner, Packer has often enjoyed needling Murdoch. Packer runs Publishing and Broadcasting, a media giant that rivals Rupert Murdoch's News Corp.
#Kerry packer 52 million win free#
No word on whether he partook of the free buffet. After raiding the Hilton's coffers, Packer led the band to the Mirage. The Times of London reported Thursday that Packer, sometimes ranked as the wealthiest individual in Australia, went to Las Vegas with a party of 10 Asian acquaintances. "It's a highly volatile business with big swings both ways Unfortunately, we were on the short end of the swing." Sometimes you win, sometimes you don't, he said.
Hilton said earnings for the quarter fell from $63.1 million to $6 million, including at extraordinary charge of $74.1 million related to the acquisition of Bally Entertainment Corp.Ī Hilton spokesman, Marc Grossman, declined to comment on whether Packer was responsible for the gaming decline. "Fourth quarter earnings from operations were adversely affected by abnormally low baccarat drop and win percentage at the Las Vegas Hilton, resulting in a negative impact of approximately 11 cents per share," the company's earnings statement said. placed part of the blame for a decline in quarterly profits on the very tables where the Sydney-based tycoon made his fortune. So significant was Packer's run that on Tuesday Hilton Hotels Corp. He later added another $2 million playing around the corner at the Mirage. The tycoon, whose fortune is estimated at $2 billion, won a reported $20 million playing $250,000 hands of baccarat over Christmas. And sometimes, if you are Australian media mogul Kerry Packer, you win so much money at the Las Vegas Hilton that you cause a significant drop in quarterly earnings. NEW YORK (CNNfn) - You win some, you lose some.
Australian mogul Kerry Packer wins millions at Las Vegas casino
0 kommentar(er)
