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James Packer checks on progress of his mansion from $200M superyacht

by Eva Wink (2020-07-03)


Australian casino mogul and businessman James Packer was spotted on Thursday checking in on the progress of his $50million beachfront mega-mansion being built in Mexico's Cabo San Lucas. 

The 52-year-old billionaire observed construction from the comforts of his $200million luxury superyacht, that was docked out the front of his stunning new property.   

In 2017, James purchased three oceanfront blocks of land, each for about $9.7million, to make room for the large project.

Construction on the pad in the resort town popular with celebrities started in December 2018. 

Fit for a billionaire! James Packer's secret $50million beachfront Mexican mega-mansion takes shape in Cabo San Lucas

The good life: The 52-year-old billionaire observed construction from the comforts of his $200million luxury superyacht, that was docked out the front of his stunning new property

What a pad!

cd8ed7691db5f6e3e6e7d0a5cc3ead8a.jpgIn 2017, James purchased three oceanfront blocks of land, each for around $9.7million, to make room for the large project. The home is located near the One & Only Palmilla resort

In December 2018 it was reported that among local residents, the compound had become a controversial topic with local Mexicans concerned they could lose access to the public beach.

Some ex-pats have also been voicing concerns over the size of the project.  

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The home is located near the One & Only Palmilla resort and the area's only public beach, where James' good friend Karl Stefanovic got married. 

The new property has many lavish features, including an infinity pool.  

The billionaire already spends about three months a year at the exclusive resort, after being introduced to the town by former fiancée, Mariah Carey, 50.

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