Sydney, May 5 ANI | 1 year ago

Billionaire James Packer was reportedly seen in a fistfight with Nine Entertainment Group CEO David Gyngell.

According to, a channel Nine's news van was parked in the street, which caused the furious phone call to Packer, in which Gyngell said he was going to punch him and as packer's car pulled up, the two men just went at each other.

Photographers have captured the two men aggressively fighting, before falling to the ground in a headlock.

However, both the billionaires claim that they have been best friends for 35 years, and they still are.

They added that they have had their share of ups and downs, and both of them respect each other.

(Posted on 05-05-2014)

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