Alan Bond was an Australian businessman noted for his high-profile business dealings, including his central role in the WA Inc scandals of the 1980s, and what was at the time the biggest corporate collapse in Australian history; for his bankrolling the successful challenge for the 1983 America's Cup, the first time the New York Yacht Club had ever lost it in its 132-year history; and also for a criminal conviction that saw him serve four years in prison. (Taken from Wikipedia)
Cause of Death: Complications from Heart Surgery∼77; an Australian businessman noted for his high-profile business dealings, including his central role in the WA Inc scandals of the 1980. Raised in Australia since he was 12 years old. He was the son of Frank and Kathleen Bond
Known for his bankrolling the successful bid for the 1983 America's Cup, the first time the New York Yacht Club had ever lost it in its 132-year history; and also for a criminal conviction that saw him serve four years in prison.
In 1992, Bond was declared bankrupt with personal debts. He was subsequently convicted of fraud and imprisoned after pleading guilty to using his controlling interest in Bell Resources to deceptively siphon off funds into the coffers of Bond Corporation. The funds were used to shore up the cash resources of the ailing Bond Corporation, which spectacularly collapsed, leaving Bell Resources in a precarious situation. Following release, he became active in various mining investments, predominately in Africa, including Madagascar Oil PLC and Global Diamond Resources, and was included in Business Review Weekly's "Rich 200 List" in 2008.
Bond underwent open heart surgery at Fiona Stanley Hospital in Perth to replace and repair his heart valves. There were complications and he was placed on life support in an induced coma; he did not regain consciousness.
Cause of Death: Complications from Heart Surgery∼77; an Australian businessman noted for his high-profile business dealings, including his central role in the WA Inc scandals of the 1980. Raised in Australia since he was 12 years old. He was the son of Frank and Kathleen Bond
Known for his bankrolling the successful bid for the 1983 America's Cup, the first time the New York Yacht Club had ever lost it in its 132-year history; and also for a criminal conviction that saw him serve four years in prison.
In 1992, Bond was declared bankrupt with personal debts. He was subsequently convicted of fraud and imprisoned after pleading guilty to using his controlling interest in Bell Resources to deceptively siphon off funds into the coffers of Bond Corporation. The funds were used to shore up the cash resources of the ailing Bond Corporation, which spectacularly collapsed, leaving Bell Resources in a precarious situation. Following release, he became active in various mining investments, predominately in Africa, including Madagascar Oil PLC and Global Diamond Resources, and was included in Business Review Weekly's "Rich 200 List" in 2008.
Bond underwent open heart surgery at Fiona Stanley Hospital in Perth to replace and repair his heart valves. There were complications and he was placed on life support in an induced coma; he did not regain consciousness.
Alan Bond was an Australian businessman noted for his high-profile business dealings, including his central role in the WA Inc scandals of the 1980s, and what was at the time the biggest corporate collapse in Australian history; for his bankrolling the successful challenge for the 1983 America's Cup, the first time the New York Yacht Club had ever lost it in its 132-year history; and also for a criminal conviction that saw him serve four years in prison. (Taken from Wikipedia)
Cause of Death: Complications from Heart Surgery∼77; an Australian businessman noted for his high-profile business dealings, including his central role in the WA Inc scandals of the 1980. Raised in Australia since he was 12 years old. He was the son of Frank and Kathleen Bond
Known for his bankrolling the successful bid for the 1983 America's Cup, the first time the New York Yacht Club had ever lost it in its 132-year history; and also for a criminal conviction that saw him serve four years in prison.
In 1992, Bond was declared bankrupt with personal debts. He was subsequently convicted of fraud and imprisoned after pleading guilty to using his controlling interest in Bell Resources to deceptively siphon off funds into the coffers of Bond Corporation. The funds were used to shore up the cash resources of the ailing Bond Corporation, which spectacularly collapsed, leaving Bell Resources in a precarious situation. Following release, he became active in various mining investments, predominately in Africa, including Madagascar Oil PLC and Global Diamond Resources, and was included in Business Review Weekly's "Rich 200 List" in 2008.
Bond underwent open heart surgery at Fiona Stanley Hospital in Perth to replace and repair his heart valves. There were complications and he was placed on life support in an induced coma; he did not regain consciousness.
Cause of Death: Complications from Heart Surgery∼77; an Australian businessman noted for his high-profile business dealings, including his central role in the WA Inc scandals of the 1980. Raised in Australia since he was 12 years old. He was the son of Frank and Kathleen Bond
Known for his bankrolling the successful bid for the 1983 America's Cup, the first time the New York Yacht Club had ever lost it in its 132-year history; and also for a criminal conviction that saw him serve four years in prison.
In 1992, Bond was declared bankrupt with personal debts. He was subsequently convicted of fraud and imprisoned after pleading guilty to using his controlling interest in Bell Resources to deceptively siphon off funds into the coffers of Bond Corporation. The funds were used to shore up the cash resources of the ailing Bond Corporation, which spectacularly collapsed, leaving Bell Resources in a precarious situation. Following release, he became active in various mining investments, predominately in Africa, including Madagascar Oil PLC and Global Diamond Resources, and was included in Business Review Weekly's "Rich 200 List" in 2008.
Bond underwent open heart surgery at Fiona Stanley Hospital in Perth to replace and repair his heart valves. There were complications and he was placed on life support in an induced coma; he did not regain consciousness.
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