Advertisement

Billionaire James Packer breaks his silence on break-up with Mariah Carey

One of Australia's richest men, James Packer, has broken his silence on his split with singer Mariah Carey.

Mr Packer and the pop singer got engaged in January 2016 but broke it off less than 10 months later.

His explanation for his split with Carey was simple - it's complicated.

"I was at a low point in my personal life," Mr Packer said.

The couple at a movie premiere in 2015. Source: AAP

"She was kind, exciting and fun. Mariah is a woman of substance. She is very bright. But it was a mistake for her and a mistake for me."

He also reportedly revealed he once had more than $5 billion of debt in his two biggest companies.

The gaming tycoon held more than $3 billion of debt at Crown and $2.3 billion of debt in his private company Consolidated Press Holdings two years ago.

In October 2016, Crown casino staff were arrested in China - the same month that Packer broke off his engagement with US singer-songwriter Mariah Carey.

  • New H7N9 bird flu strain in China has pandemic potential

  • Quarter of Aussie baby formula goes to offshore shoppers

  • Sunken trawler found as families prepare for the worst Sunken trawler found off Queensland coast as families prepare for the worst

Mr Packer leaves a Crown AGM in 2013. Source: AAP

"I was terrified," Mr Packer said in a story by the Weekend Australian.

"Then a year later I've got China falling apart, the Australian casino businesses missing budgets by big amounts, I've got Mariah breaking up with me and I'm thinking 'f***'."

Mr Packer has returned to Australia for the first time in two years to attend the annual general meeting of his company Crown Resorts in Melbourne next week.