James Packer’s incredible transformation

OSTN Staff

The 54-year-old businessman cut a fit figure in pictures of him jogging around Antibes in the French Riviera on Monday, the picturesque resort town in which his $283 million superyacht was moored this week.Wearing a loose black T-shirt, trackies and sneakers, the controversial Australian investor appeared to be sticking to his health kick, after telling The Weekend Australian last month that he was ready to start the “third act” of his life as he looks towards a return to Australia. Stream more entertainment news live & on demand with Flash. 25+ news channels in 1 place. New to Flash? Try 1 month free. Offer ends 31 October, 2022 >“I’m roughly 130kg now and want to be back to 100kg by the end of 2022,” Packer told the publication.Speaking to the Sydney Morning Herald around the same time, Packer divulged he was down 33kg after quitting alcohol, limiting his calorie intake and exercising daily.He told the newspaper his life was “pretty good right now”, adding: “My mental health is the best it’s ever been.”Last week, he was seen working out at the gym on-board his yacht, shortly after he was spotted partying with actor and business partner Robert De Niro.It comes as the identity of a woman who has been spending time with Packer as he makes his way around the Mediterranean in recent weeks has been unveiled.Danish model Josefine Hanning Jensen was identified by Sunday Confidential, and she has reportedly been on-board the billionaire’s superyacht since at least July 6. There’s no word yet on whether Packer and Jensen are romantically linked, or whether she will join him when he heads back to Sydney.Packer admitted to The Australian that it “hasn’t been appropriate” to be in Australia amid years of scandals at Crown Casino – which he previously owned a major stake of – including staff getting jailed in China, and several inquiries which found the casino operator enabled money laundering and links to criminal gangs.With the $8.9 billion sale of his company shares to US private equity firm Blackstone’s finalised on June 24, which saw Packer pocket an enormous $3.36 billion, he’s now ready to plan his return home.“I want to swim with my kids at Bondi when we’re all in Sydney together next year and be 100kg,” he said from his home in Mexico.Elsewhere, he revealed his mental health had also taken a turn, having quit the antidepressants and antipsychotic drugs he was taking.The Federal Court approved Blackstone’s takeover of Crown Resorts in June, meaning it is now a private company and no longer required to report to the ASX.It marks the end of an era for Mr Packer who first became involved in Crown in 1999, and is understood to have wanted an escape route for many years.The deal was finalised on June 24, which is understood to have been the date he received his payout.

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