Alan Bond was an Australian businessman noted for his high-profile and often corrupt business dealings. These included his central role in the WA Inc scandals of the 1980s; the biggest corporate collapse in Australian history; and also his criminal conviction that saw him serve four years in prison. He is also remembered for bankrolling the successful challenge for the 1983 America's Cup, the first time the New York Yacht Club had lost it in its 132-year history. He is also the founder of Bond University, Gold Coast, Australia.
Alan Bond
Lippo Centre in Admiralty, Hong Kong Island, 1988; bought from Alan Bond
WA Inc was the name for a set of public-private partnerships in Western Australia in the 1980s associated with the Western Australian Development Corporation, which became a political scandal. The state government, which was led for much of the period by premier Brian Burke, engaged in business dealings with several prominent businessmen, including Alan Bond, Laurie Connell, Dallas Dempster, John Roberts, and Warren Anderson. These dealings resulted in a loss of public money, estimated at a minimum of $600 million and the insolvency of several large corporations.
A John Curtin Foundation gathering Left to right, rear: Denis Cullity, John Horgan, Alan Bond, Laurie Connell, Ric Stowe, James McCusker, Rod Evans; Front: Kevin Parry, prime minister Bob Hawke, state premier Brian Burke, John Roberts and former Perth lord mayor Ernest Lee-Steere