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Born
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Kerry's older brother Clyde Packer fails the company
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Clyde Packer and the father left the country permanently
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Business LIfe Began
Kerry's independent business life began after his father's death in 1974 -
Kerrys Portfolio
As pointed out by internet news outlet Crikey if $100 million had been invested in the Australian sharemarket in September 1974 through a balanced portfolio of the top 200 companies, that portfolio would be worth a lot more than $6.9 billion in December 2005, possibly as much as $11 billion -
Kerrys fortune
In 1987 Packer made a fortune at the expense of disgraced tycoon Alan Bond. -
Deposit of rubies was discovered on one of his properties.
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He passed away