Australian billionaire and TV executive in vicious street brawl

Police in Australia are investigating a very public fight between one of the country’s richest businessmen and a top television executive in an exclusive Sydney beachside suburb.

News Corp reportedly paid more than 200,000 US dollars (€144,000) for pictures of the brawl between casino mogul James Packer and his long-time friend David Gyngell, chief executive of Nine Entertainment, outside Mr Packer’s luxury apartment at Bondi Beach on Sunday.