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Two Australian billionaires of World economy were pictured fighting like dogs in the street over supermodel Miranda Kerr.

As per the reports, Media mogul James Packer, 46, and Channel Nine TV boss David Gyngell, 47 started punching each other in the face over the Victoria’s Secret model this weekend, and a third billionaire had to come in and break the whole thing up. The entire scene were caught trading blows on camera by passers-by outside the former's Bondi Beach mansion in Sydney.

Packer was reported to be angry his former best man has used camera crews to follow him and 31-year-old Kerr, ex-wife of British actor Orlando Bloom.

Gyngell is said to angry that Packer, who recently split from his second wife Erica Baxter, has become close to the Aussie underwear model.

Gyngell and Packer are best friends from private school, and Gyngell was best man at Packer’s wedding to model Erica Baxter, from whom Packer separated in September.


Bondi resident Chris Walker claimed the pair 'went at it hammer and tongs'.

"Packer packered (sic) a punch but copped a couple of hits straight to the jaw. Then they all fell on the concrete fence and I think the other guy broke his face. They were looking for teeth after he left," Chris posted on Facebook.

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