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James Packer invited some of his famous friends on a $250 million superyacht in the South of France last Tuesday. The Australian billionaire, 54, joined his longtime friend Karl Stefanovic, his wife Jasmine and their two-year-old daughter Harper. It was a family affair with Jasmine’s sister Jade Yarbrough also on board with her new boyfriend, former Australian cricket captain Michael Clarke. James Packer (left) invited some of his famous friends on a $250 million superyacht off the South of France last Tuesday. He is seen here with Karl Stefanovic’s wife Jasmine (second from left), his sister Jade Yarbrough (right, holding his niece Harper) and other friends (center) Jasmine, 38, a former model turned shoe designer, looked breezy in a white shirt and designer sunglasses as she chatted with James on deck. Bikini-clad Jade, 30, stood nearby holding her nephew Harper on her hips. Michael, 41, was also seen enjoying a day on the water with the cash crowd, wearing a black ...

“Phil Ruthven has a big vision for the future of Australian business based on facts and research,” he said. “We will miss his advice and advice.” Ruthven was everywhere in the 1980s, when she was for a time Australia’s highest-paid professional speaker, partly because she used her understanding of statistics and macroeconomic trends to tailor every address. When Packer had $805 million to play with after selling his television interests to Alan Bond in 1987, it was Ruthven and IBISWorld that he turned to for advice. The fortune teller was instrumental in Packer’s decision to expand his pastoral holdings with an emphasis on cotton, cattle and wool, to the point that he became Australia’s second largest landowner. “Agriculture is going through an interesting watershed that will see the industry reborn,” said Ruthven Australian Financial Overview reporter Martin Peers at the time. “This is one of the most underrated industries in Australia....

Billionaire James Packer has backed up his recent claim of being the happiest in years with a warm public hug from ex-wife Erica, mother of three. Having lost more than 30 kg and stopped taking the drugs that took so long to change his mood, Packer seems to have forgotten the series of problems behind him. The 54-year-old, who recently sold his stake in Crown Resorts for $3.3 billion, said he was ready to embark on the ‘third act’ of his life and plans to return to his hometown of Sydney. On Wednesday he showed his newfound satisfaction when he joined 44-year-old Erica for a holiday in Saint-Tropez. The former couple, who have remained best friends after their split nearly a decade ago, were spotted docking their yacht at the world-famous beachside restaurant Club 55. James Packer looked happier than ever when he joined his ex-wife Erica for a holiday in Saint-Tropez on Wednesday. In a rare public display of affection for the former couple, who split in 2013, Packer ...