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Businessman Alan Bond dies after surgery [Jun. 5th, 2015|05:47 pm]
Alan Bond was a high-profile Australian entrepreneur who made headlines around the world for financing the racing yacht team of Australia II who successfully won The America's Cup from the New York Yacht Club, which had ever lost it in its 132-year history.

Much later he fell from grace after becoming embroiled in corporate scandals that lead to criminal convictions, a four year gaol (jail :P) term and bankruptcy.


Article Text

4:38 pm, Friday, 5 June 2015

Businessman Alan Bond has died after open heart surgery in Perth earlier this week, his family have said.

The controversial tycoon was transferred to Perth's Fiona Stanley Hospital following surgery to replace a heart valve.

He was placed in an induced coma, but never regained consciousness.

Mr Bond's first wife Eileen Bond had been due to arrive in Perth from London, while their three adult children John, Craig and Jody were by the former tycoon's bedside and made the announcement of his death.

Mr Bond's family said he was many things to many people.

'He really did experience the highs and lows of life. To us, however, he was just dad, a father who tried his best to be the best dad he could,' his son said.

He said Mr Bond's relationship with his ex-wife Eileen remained strong despite their split.

'Mum and dad were always soul mates who never broke their connection, even though he could be very infuriating to her.

'She was very sad she did not get back to see him one last time, though they did recently catch up and have a meal together in London.

The family also spoke of his love for his second wife, theatre producer Diana Bliss who died in 2012.

'He also loved Diana very much and missed her greatly in these past few years. We'll all miss him very much - he's had a great influence on many people and we're heartfelt in our thanks for all the kind messages of support we've received.'

It's understood the 77-year-old had fallen ill while in London and decided to return home for the surgery to replace a heart valve that was previously installed almost 20 years ago, and to undergo repair to two other valves.

Mr Bond is best known for being the first non-American to win the America's Cup sailing trophy, as well as the biggest fraudster in Australian history.

He was jailed in 1997 for a $1.2 billion fraud involving his takeover of Bell Resources but released in 2000 after a successful High Court appeal.

In 2008, BRW magazine named him among the 200 wealthiest people in Australia, with an estimated wealth of $265 million.

Mr Bond married theatre producer Diana Bliss - his second wife - in 1995. She died in 2012.