James Packer parties with friends at his $50 million Cabo estate

Billionaire James Packer hangs out with friends — and a bikini-clad blonde — at his $50 million Cabo estate after revealing he’s the “happiest” he’s been in years.

After a rough few years, troubled billionaire James Packer recently said he was the “happiest” he had been in years after losing weight and coming off antidepressants.

And the 54-year-old businessman certainly seemed to be in good spirits as he hung out with friends at his $50 million estate in Cabo, Mexico, on Wednesday.

One of the party guests was a blonde in a bikini, who could be seen relaxing by the pool and looking at her iPhone.

Australian billionaire James Packer (pictured) appeared to be in good spirits at a gathering with friends at his $50 million estate in Cabo, Mexico, on Wednesday.

Australian billionaire James Packer (pictured) appeared to be in good spirits at a gathering with friends at his $50 million estate in Cabo, Mexico, on Wednesday.

The young woman sat alone by the water and hid her face behind a pair of sunglasses as she leaned back in a pool chair.

Some of Packer’s friends brought their children with them, making it a fun afternoon for all.

At one point, he joined several guests for lunch in the open air at a large circular oak table.

Packer, 54, (right) was all smiles as he was surrounded by friends at the luxurious property.

Packer, 54, (right) was all smiles as he was surrounded by friends at the luxurious property.

The casino and publishing mogul kept things casual in a navy blue T-shirt, dark sunglasses and shorts.

His girlfriend Kylie Lim was not seen with the group. The couple hasn’t been photographed together in about a year.

Packer’s luxury property in Cabo is located on the southern tip of Mexico’s Baja California peninsula.

He first bought the land in 2018, and construction took about three years.

One of the party guests was a blonde in a bikini who could be seen relaxing by the pool and looking at her iPhone.

One of the party guests was a blonde in a bikini who could be seen relaxing by the pool and looking at her iPhone.

The young woman sat alone by the water and hid her face behind a pair of sunglasses as she leaned back in a pool chair.

The young woman sat alone by the water and hid her face behind a pair of sunglasses as she leaned back in a pool chair.

The property occupies one of the largest beachfront blocks in Cabo San Lucas.

He reportedly paid $10 million for the site, which boasts direct beach access and uninterrupted views of the Sea of ​​Cortez.

Packer recently said he was “happiest” in years, after losing 55 pounds in 75 days and getting off seven mood-altering drugs he was taking to help with his mental health.

The former Crown Resorts chief executive will return to Sydney next March with his ex-wife Erica and their three children, Indigo, 13, Jackson, 12 and Emmanuelle, nine.

Some of Packer's friends brought their children with them, making it a fun afternoon for all.

Some of Packer’s friends brought their children with them, making it a fun afternoon for all.

At one point, he joined several guests for lunch in the open air at a large circular oak table.

At one point, he joined several guests for lunch in the open air at a large circular oak table.

“I’m about 130kg now and want to get back to 100kg by the end of 2022. I want to swim with my kids at Bondi when we’re all together in Sydney next year and weigh 100kg,” he told The Weekend Australian from his home in Mexico. .

The businessman said he had stopped the antidepressants and antipsychotic drugs he was prescribed in March and was now looking to “rehabilitate” his reputation in Australia.

“I’m really looking forward to seeing Crown Sydney…it hasn’t been appropriate for me to be in Australia for the last few years,” he said.

Packer's luxury property is located on the southern tip of Mexico's Baja California peninsula.

Packer’s luxury property is located on the southern tip of Mexico’s Baja California peninsula.

Packer sold Crown to private equity firm Blackstone for $8.9 billion in a deal that ended in June, pocketing $3.3 billion in the process.

The sale marked the end of an important chapter in his life, which has at times been mired in controversy amid investigations into the company and allegations of money laundering.

Despite investigations, the billionaire credited his casinos in Melbourne, Perth and Sydney with changing cities ‘for the better’.

The father-of-three said he was now excited to start his ‘third act’ and plans to return to public life in Australia.

Packer (pictured Oct. 26, 2017, in Melbourne) recently said he was

Packer (pictured Oct. 26, 2017, in Melbourne) recently said he was “happiest” in years after losing weight and coming off antidepressants.

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