Christopher Skase was a businessman born in Melbourne in 1948 and died in 2001. Throughout his life he was married twice and had a daughter-in-law. His career was as a stockbroker, then as a financial journalist. However, his business career began when he purchased a small tin mining company called Quintex in the mid-1970s. This company became a household name within 10 years and Skase bought national network Channel Seven and controlled 66%. of the Australian television market. In the 1980s, he was one of the most glamorous entrepreneurs and Quintex was worth $1.5 billion. He also owned 5 hotel complexes, including two called "Mirage" in Queensland. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an Original Essay Although he wished to be known for his life of luxury and good taste, he often appeared as a symbol of vulgar excess. For his 40th birthday in 1988 and a company Christmas party that cost $450,000. In 1989, Skase's attempt to buy the MGM-United Artists film studio for $1.5 billion seemed sidelined due to costly lawsuits. He was unable to pay the first part of the payment ($25 million). The prolonged pilots' strike damaged its tourism interests, and rising interest rates and tight credit helped unblock Qintex. Skase was forced to sell half of its hotel complexes to Japanese investors. Meanwhile, he also started transferring money to foreign bank accounts in July. In October, Skase began falling out with the Quintex board, demanding that the board pay $13.5 million to a private company he owned, but they refused. However, the money had already been withdrawn. He also threatened to leave if he didn't get a pay raise, but they refused. Qintex subsequently collapsed, leading to the collapse of the State Bank of Victoria. Ultimately, Skase had personal debts of $172 million and business debts of $1.7 billion. In 1991, he fled to Spain, a country without an extradition treaty with Australia, and thumbed his nose at the authorities and their claims of 60 criminal charges and debts amounting to 1.5 billion Australian dollars. He topped Australia's "most wanted" list for 10 years but, in what became known as the "Skase Chase", he managed to foil all attempts to translate him sued, claiming he was too ill to travel..