April 11, 1995 |
Australia is a big country of vast resources and monumental financial moguls. Some of the latter: RUPERT MURDOCH Murdoch, 64, is probably flying somewhere between his homes in New York City, Aspen and a sheep ranch at Yass, near Canberra, Australia's capital. Starting in 1951 with a family inheritance of a tabloid newspaper in Adelaide, Murdoch became not only the dominant newspaper owner in Australia but a media baron in Britain and the United States.
May 30, 1992 |
Alan Bond Sentenced to Prison: The bankrupt Australian tycoon was sentenced to 2 1/2 years in prison for dishonesty, but his lawyers said he plans to clear his name. Bond, 54, was jailed in Perth, Australia, by Judge Peter Blaxell one day after a jury found him guilty under Western Australian securities law of dishonesty in relation to an attempted rescue of failed Perth finance company Rothwells Ltd. in 1987.
May 4, 1992 |
Tycoon to Be Investigated: A bankruptcy court trustee is expected to launch a worldwide investigation into the business dealings of Alan Bond, the bankrupt financier who controlled one of Australia's largest corporate empires in the 1980s. Bond, best known for financing Australia's surprising triumph in the 1983 America's Cup yacht race, last week filed financial disclosure statements with an Australian court listing his remaining assets. He filed for bankruptcy last month.
April 15, 1992 |
Bond Declared Bankrupt: Alan Bond, the bombastic Australian businessman once hailed as a national hero, was declared bankrupt after a yearlong legal battle. The 53-year-old Bond was ordered to surrender his passport, and a court-appointed trustee said he will launch an investigation to determine Bond's true financial position. Bond faces a trial next month on charges that he violated securities laws.
August 6, 1991 |
Alan Bond was the highest of this nation's high fliers, the wildest of its Wild West entrepreneurs. He was the loud-mouthed Aussie who stunned the sporting world in 1983 by winning the America's Cup yacht race. Four years later, he astounded the art world by paying $53.9 million for Van Gogh's "Irises," a then-record price for a painting. Bond was the British-born sign painter who rose from this backwater town to run an $8-billion corporate empire that spanned five continents.