Alan Bond (businessman)

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Alan Bond (22 April 1938 – 5 June 2015) was a British-born Australian businessman.

Bond was known for his role in the WA Inc scandals of the 1980s. He was also known for bankrolling challenges for the yachting trophy the America's Cup. Because of this he won the Australian of the Year in 1978, along with Galarrwuy Yunupingu. He finally won the trophy in 1983, which had been held by the New York Yacht Club since 1851. In 1987, he paid $1 billion for the Nine television network from Kerry Packer's PBL, before selling the network back to PBL in 1990 for $250 million. In 1997, he was sentenced to seven years in prison for fraud, and was released in 2000.[1]

Bond was born in Hammersmith, London, England. He moved to Western Australia in 1950 at the age of 12. He was married to Eileen Hughes from 1955 until their divorce in 1992. He was later married to Diana Bliss from 1995 until her suicide in 2012. He had four children.[2]

Bond suffered issues after open heart surgery and was put into an induced coma on 2 June 2015 at a Perth hospital.[3] Bond died on 5 June 2015 after surgical complications at the age of 77.[4]

References[change | change source]

  1. "Australian businessman Alan Bond walks free from jail". wsws.org. 11 March 2000. Retrieved 4 June 2015.
  2. "Tragic death of Bond's wife". The Sydney Morning Herald. 28 January 2012. Retrieved 4 June 2015.
  3. "Alan Bond in intensive care at Fiona Stanley Hospital". WA Today. 3 June 2015. Retrieved 4 June 2015.
  4. "Alan Bond dies in Perth hospital after heart surgery complications". Australian Broadcasting Corporation. 5 June 2015. Retrieved 5 June 2015.