Packer vs Gyngell fist-fight

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I’m not one to buy into goss usually but this is a bit hard to ignore:

A set of explosive photos showing billionaire gaming mogul James Packer embroiled in a vicious fist fight with his former best man and the head of Nine Entertainment Group David Gyngell have hit the market this morning.

The images were taken outside Packer’s multimillion-dollar Bondi Beach home on Sunday afternoon, and show the pair in the midst of throwing and receiving punches.

…According to alleged witness claims, people were spotted looking for teeth outside Packer’s home shortly following the exchange.

…Sources close to both men told PS this morning that their life-long friendship soured soon after Packer and his second wife, Erica, announced their shock separation six months ago.

…A media bidding war is breaking out this morning for the rights to publish the images.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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