Image: news.com.au
Though he has been dead for almost a decade, the legend of media mogul Kerry Packer, the risk-taking, larger-than-life billionaire business tycoon, still lives on today. The way he lived his life and ran his business should resonate with today’s business executives.
Kerry Packer was born 1937 into an already-successful media dynasty. His father, Frank Packer, controlled Australian Consolidated Press and Nine Network. All of this—an estimated net worth of $100 million—was passed on to Kerry upon his father’s death in 1974.
Packer established the World Series Cricket, but the interesting aspect of that story was how he developed the league.
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