James Packer opens up about his secret new life in Israel
August 22, 2015 Charles Miranda News Corp Australia Network
http://www.couriermail.com.au/news/national/james-packer-opens-up-about-his-secret-new-life-in-israel/story-fntzoymg-1227494647608
SITTING in his apartment in Jaffa in the ancient quarter of Tel Aviv in Israel, James Packer marvels at his surrounds.
He talks enthusiastically about his new-found beachside suburb home, that he rightly declares has been civilised for thousands of years, in contrast to his other beach pad on the opposite side of the world in Sydney's Bondi Beach.
The Australian businessman then stops.
"Everyone knows what I think about Israel and I think I have said enough about it, I don't want to sound like a preacher and I don't want to go on about it," Packer says.
But he can't resist, going on to share his views on contemporary regional issues related to Iran, Gaza, China and US's apparent shift in Middle East foreign policy.
"I love Israel, it is an amazing place and I'm incredibly lucky, it is one of the most interesting places in the world and I've been lucky to find it," he says.
Indeed his enthusiasm for this new-found love is matched only by another new fondness -- Mariah Carey.
Packer is seeking to strengthen his closeness to both as he looks to the future, personally and professionally.
The 47-year-old first turned an eye to Israel several years ago attracted by its strength in start-ups and emerging eco-tech innovation companies.
His Australian-headquartered venture capital fund Square Peg Capital has already made four Israel-based investments including Glide, a live video-based chat service founded in Jerusalem by two Americans and Australian Adam Korbl. In two years Glide has attracted 10 million users.
Packer has already employed an Israeli-based PA to handle his affairs and appointments as he looks to make further business and personal inroads into the country specifically in the technology, data storage and security, and social gaming.
MORE: James Packer's mansion sells for a fortune
His shift toward Israel was no doubt in part at the encouragement of 82-year-old Jewish American gambling magnate Sheldon Adelson who like Packer has considerable interest in the Macau casino gambling scene.
In Israel, Adelson bankrolls the Israel Hayom newspaper, a free widely circulated newspaper known for its unflinching support for Prime Minister Benjamin Netanyahu.
Packer and Adelson were invited by Netanyahu to hear his address to the US Congress regarding the perceived threat to Israel posed by a nuclear-powered Iran.
The three men sharing a strong bond personal bond.
About a year ago, Packer bought a 30-year-old mansion -- small, relative to new developments going on about him -- in the ancient township of Caesarea about 45 minutes north of Tel Aviv.
The town dates back to the 25-13BC and Herod the Great's establishment of a major deep harbour maritime and trade port city named in honour of Julius Cesear. It would go on to be sacked, destroyed and rebuilt over the centuries by various including the Arabs, Egyptians, Greeks and Crusaders and later abandoned to become a tiny fishing village, albeit with spectacular ruins.
By the 1950s the French side of the banking Rothschild dynasty owned the area and began to establish a unique private township developed into gated "clusters" of homes for the rich, mostly Jewish and those seeking privacy.
Packer's home, bought for under $2 million, is in leafy Cluster 6, also known as Hayam (sea) Cluster, and sits right next door to the private home, as opposed to official residence, of Netanyahu who he considers a good friend and whom he comfortably calls Bibi.
The pair, with their partners, Sara Netanyahu and Packer's girlfriend Carey, dined recently at the Netanyahu home and Sara caught up with the pair again this week backstage after Carey's first ever gig in Israel.
The new Packer home is about a 1000sqm block with a sea-fronting 300sqm home originally built by an elderly Italian Jewish lady. For the past six months it has been undergoing a total revamp at Packer's instructions with the property to go up a storey or two and include a new 16m by 7m swimming pool and large entertainment area.
It is arguably one of the safest houses in Israel sitting next door to Netanyahu and benefiting not just from the Cluster 6's boom-gate, closed each night from 9pm with numberplate recognition cameras allowing in locals with visitors to report to a guard's box, but also several heavily armed guards, security cameras and a second boom gate on a section of his Hadar Street road monitored 24/7.
No-one enters that section of road without being questioned as to their business by a man with a machine gun, of course tasked with protecting the Netanyahu home whether the PM is in residence or not.
"It will be finished when it's finished," is all Packer will say of his new home which could be a while hence the need now for his modest Jaffa apartment.
His neighbours on Hadar Street are mostly rich Jewish families, many from the United States, France and Britain but proudly displaying in the front of their homes.
There is an Australian-Russian Orthodox millionaire on his street, a well-known doctor as well Russian oligarch Valery Kogan who is building a home to the plans of the Palace of Versailles in France, complete with gold leaf adornments on gates and pillars and an army of painters including a team of Italians who normally work exclusively on the upkeep of the Vatican. Such is the opulence and wealth, the oligarch, who among other things owns Moscow Airport, bought two adjoining properties, demolished both homes with one now used just to store sea containers laden with imported marble for the expansion of his palace. Nearby lives fellow Russian-born Israeli oligarch Arcadi Gaydamak, a controversial figure accused of money laundering fraud and arms dealing in Angola but acquitted for all.
Local estate agents say there can be no value placed on the property since there is no market for it but say it is in the hundreds of millions.
"This place is a cocoon and when you drive through the gates of Caesarea, it's different, it is no longer Israel," said one agent.
"And with the security, well let's just say everyone sleeps well here at night."
Under the management of a corporation, all roads and flower-laden nature strips are kept in immaculate condition to the point of seeming almost unreal.
If Packer ever gets bored there is Israel's only full-length golf course and country club, a sailing club, the world-class Ralli Museum boasting a fine collection of Dali and Rodin, and seafront restaurants among the Old Harbour's ancient ruins including a Roman Circus and Amphitheatre which today is used as a performance venue to attract headline acts.
Packer has already visited the spectacular Old Harbor site, where almost everyday Israeli couples come to have their wedding photos taken, and the beach close to his home which has the ruin of a Roman aqueduct running along its length.
It's a new colourful start on all fronts for Packer who has never looked happier and pleased with the new direction he is taking.
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