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SYDNEY - Disgraced Australian businessman Alan Bond is set to make a second fortune from brokering foreign mining and energy projects.
The once-jailed entrepreneur is to publicly list a South African diamond company on a British stock exchange and a Madagascar oil business on the New York Stock Exchange, reports say.
Bond is also said to have several African gold exploration ventures and a US liquorice business.
The ventures may have al-ready paid off since it is understood he chartered a 70m luxury yacht to carry family and friends on a six-week cruise through the Mediterranean.
He is also reported to be building a yacht of his own costing A$12 million ($13.5 million).
Bond, who went bankrupt in 1992 and pleaded guilty in 1997 to a A$1.2 billion fraud involving his takeover of Bell Resources, was released from jail in 2000 after a High Court appeal.
He is said to spend three months a year in Australia, three months in London and six months travelling.
- AAP
