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Kerry Packer: Death
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Packer courted controversy by breaking the sports boycott of apartheid South Africa which prevented South African sportsmen from representing their country. Packer chose to break it by recruiting a number of prominent South African cricketers to play on his World Series Cricket Team. His timing was heavily criticised, coming just months after the Soweto riots and the death of Steve Biko, murdered by the members of the South African security forces.
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The Australian ruling elite has spent much of the holiday season eulogising the late Kerry Packer, who died December 26. Packer was Australias wealthiest individual, with a personal fortune estimated at $7 billion (US$5.1 billion) at the time of his death. His Publishing & Broadcasting Limited company has a range of interests spread across television, magazines, and casinos and gambling.
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At the time of his death, Packer was the richest and one of the most influential men in Australia. In 2004 Business Review Weekly magazine estimated Packer's net worth at AUD 6.5 billion ($6.5 billion; about USD 5.4 billion).
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Kerry Packer’s other great sport achievements were Rugby and Golf, and days before his death he took over negotiations for the rights to Aussie Football, the AFL, with a $780 bid from the Nine Network. A few days after his death, the rights were awarded to channels 7 and 10 who made a combined bid to match Mr.Packer’s offer.
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