Alan Bond: Disgraced Australian entrepreneur dies aged 77

Alan Bond: Disgraced Australian entrepreneur dies aged 77

Sydney : Controversial Australian businessman Alan Bond has died at the age of 77, his family have announced.Mr Bond died on Friday morning at the Fiona Stanley Hospital in Perth days after undergoing heart surgery.
Mr Bond, who was born in the UK, became one of Australia’s richest men, funding Australia’s shock win of the America’s Cup yachting race in 1983.
But he fell from grace in 1996 when found guilty of Australia’s then biggest corporate fraud.
His children John Bond and Jody Fewster, speaking outside Fiona Stanley Hospital, said he had died earlier that morning. He had been in a coma since his heart surgery three days ago.His body “finally gave out after heroic efforts of everyone involved here at the intensive care unit at Fiona Stanley Hospital,” John Bond said.
Mr Bond paid tribute to his father, saying that to a lot of people, he was a “larger-than-life character” who started with nothing and rose to the heights of corporate Australia.
“He really did experience the highs and lows of life,” said his son.”To us, however, he was just Dad – a father who tried his best to be the best dad he could.”

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