![]() ![]() Outside of the boardroom, a decent portion of the stories you’ll hear about Kerry Packer relate to his first love: gambling. RELATED: The Millionaire Playboy Antics Of Jack Nicholson You Didn’t Know About Kerry Packer Stories: Billionaire Antics & A Life Well Lived Just the tip (it’s more than enough) Here are some of the most notable billionaire antics witnessed from one Kerry Francis Bullmore Packer AC: high roller, shot caller, and unapologetic baller. And although 90% of the stories you’re about to read involve the spending of his money, this isn’t an article about how Kerry Packer turned his $100 million family estate – inherited upon the death of Sir Frank – into one of the greatest media empires the country has ever known. This isn’t even an article about his business philosophies, at least not in the strictest sense. This isn’t an article about overcoming polio, dyslexia, or a cruel and callous father in Sir Frank Packer. Suffice it to say, having a net worth of $6.5 billion and broadcast rights across the nation tends to help in this regard. While he passed away at the relatively early age of 68, the billionaire media tycoon and (formerly) Australia’s most influential man experienced more in a single year of his life than most do over the course of an entire decade. The vote, which was nonbinding, was done at the behest of striking writers.The stories of Kerry Packer are the stuff of pub chat legend. In June, Netflix shareholders voted against a pay package for co-CEO Ted Sarandos, which combined a $3 million salary, $20 million in stock, and a possible bonus of up to $17 million. ![]() Shareholders and investors are starting to look skeptically at executive pay. The firm points to reduced equity awards for executives for the drop. Over 20 CEOs earned over $100 million in 2021, notes C-Suite Comp. Still, fewer CEOs broke the $100 million threshold in 2022 than did so the year before. Hertz CEO Stephen Scherr, Peloton CEO Barry McCarthy, Sarepta Therapeutics CEO Douglas Ingram, and Pinterest’s new CEO Bill Ready round out the list. Who else is paid more than $100 million?Ĭamara is one of just nine CEOs with pay packages exceeding $100 million.īlackstone CEO Stephen Schwarzman tops the list with a $253 million pay package last year. Only three of the nine CEOs making over $100 million work at S&P 500 companies: Alphabet’s Pichai, Live Nation’s Michael Rapino, and Oracle’s Safra Catz. The company stock price peaked at $65.88 in September 2021, but has since fallen 87% to hit $8.40 as of today.ĬS Disco generated $135.2 million in revenue in its 2022 fiscal year but reported a $70.8 million net loss, up from a $24.3 million net loss the previous year.ĬS Disco did not immediately respond to Fortune’s request for comment. The company’s shares have performed poorly since then. The company debuted on the New York Stock Exchange in July 2021, trading under the snappy “LAW” ticker. The firm argues on its website that its services help “lawyers spend their time doing what matters most: securing justice for its clients and winning the most important disputes in the world.” What’s CS Disco?įounded by Camara in 2013, CS Disco offers new technologies, like artificial intelligence and cloud computing, to lawyers and law firms. Circuit Court of Appeals held Thomas-Rassett liable for $222,000 in damages in 2013. At one point, Thomas-Rassett was held liable for $1.92 million, or $80,000 per song. While Thomas-Rassett was found guilty of copyright infringement, the trial lasted for years as both parties argued how much she owed in damages. In 2006, four record labels sued Jammie Thomas-Rassett for downloading and sharing 24 songs on Kazaa, a peer-to-peer network. He apologized for using the term but claimed in a 2009 interview with ABC News that the incident stopped him from getting a high-profile job at a law school.Ĭamara later founded a law firm, Camara & Sibley, which worked pro bono to represent the defendant in one of the first cases on file sharing. The use of the phrase spurred an outcry among his fellow students and resurfaced in the years since. In 2002, the then-16-year-old law student uploaded his class notes online, revealing that he had used a racial slur to refer to legal covenants barring Black people from purchasing land. Yet his time at Harvard Law was marked by controversy. ![]()
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