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Review of the late Alan Bond's life

(L-R) Former Australia II skipper John Bertrand, Australia II owner Alan Bond and and former Prime Minister Bob Hawke in Sydney 2013 (AAP)
(L-R) Former Australia II skipper John Bertrand, Australia II owner Alan Bond and and former Prime Minister Bob Hawke in Sydney 2013 (AAP)

Alan Bond - one of Australia's most colourful businessmen, has died at 77.


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Updated

By Peggy Giakoumelos, Jin Sun Lane

Source: SBS



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Alan Bond - one of Australia's most colourful businessmen, has died at 77.


High-profile Australian businessman Alan Bond has died in a Perth hospital after complications arising from open heart surgery.

From humble beginnings, the 77-year-old went on to become one of Australia's wealthiest and most notorious businessmen.

Alan Bond has inscribed the pages of Australia's history books, both as the first non-American to seize the coveted America's Cup sailing trophy and for his conviction over the country's biggest-ever fraud.

One of Australia's richest men during the 1980s, Alan Bond's fall from grace began in 1992 when he declared bankruptcy.

 


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