Tag: James Packer

Billionaire babies: how James Packer and Lachlan Murdoch kept their eyes on the prize – Michael West

The Succesor by Paddy Manning

Australia’s own  MERITOCRACY is a fable. “If they can do it you can too in the land down under” is the myth preached just as you to can win the lottery and some do while the system guarantees you won’t because it’s designed that way. Inheritance ensures an increase in generational poverty and a flow up and an imaginary promise of a better trickle-down in the next decade. Remember Hawke’s promise that no child will be born in poverty well it worked for James and Lachlan

Billionaire media scions Lachlan Murdoch and James Packer have a close friendship which has endured the ups and downs of mega-deals including Australia’s ‘Super League’ war, the collapse of One.Tel, the rise of Realestate.com.au and failure of Channel Ten – some of the best and worst moments of Lachlan’s career. This edited extract from Paddy Manning’s new biography of Lachlan Murdoch sheds new light on their tumultuous business history.

Source: Billionaire babies: how James Packer and Lachlan Murdoch kept their eyes on the prize – Michael West

Arrested development: James Packer has been down, but he’s not out | The Monthly

“Ladies and gentlemen, I have made many, many mistakes in my life, but investing in China is not one of them.” – James Packer, speech to the Asia Society, 14 March 2013.

Source: Arrested development: James Packer has been down, but he’s not out | The Monthly

Do Scientologists Control Hollywood? AnonHQ

With some of Hollywood’s biggest stars in their congregation, including Tom Cruise and John Travolta, Scientology has gained an international following. But is the religion Scientology just a celebrity fad, or are they the real rulers of Hollywood?

Source: Do Scientologists Control Hollywood? AnonHQ