Personal Life
Philippoussis declared that all his money was gone and that he will lose his home of residence. In a writ lodged with the Supreme Court on 15 May, it is alleged Philippoussis took out a loan through his company Mergis Pty Ltd which he personally guaranteed. The writ claims Mergis – of which Philippoussis is the sole director, secretary and shareholder – defaulted less than a year later. The lender is seeking $1,313,351.96, plus interest, costs and possession of the house, or is threatening to go to trial. The Perpetual Trustee Company Ltd is listed in court documents as the plaintiff, but a company spokesman said her firm had provided funds to another company which was the one foreclosing. The other company is not detailed on the writ, but Philippoussis said it was Pepper Home Loans – a company that provides loans through mortgage brokers. Once ranked as the eighth best male player in the world, Philippoussis took out a mortgage in February, 2008. Philippoussis said he was three months behind, adding that each monthly payment was more than $10,000. "I haven't played tennis since 2006, and tennis is one of those sports where if you don't play, you don't get paid", he said.
He was engaged to actress Jennifer Esposito. Philippoussis is reportedly single.
Read more about this topic: Mark Philippoussis
Famous quotes containing the words personal life, personal and/or life:
“The dialectic between change and continuity is a painful but deeply instructive one, in personal life as in the life of a people. To “see the light” too often has meant rejecting the treasures found in darkness.”
—Adrienne Rich (b. 1929)
“Personality and mind, like moustaches, belong to a certain age. They are a deformity in a child.... Leave his sensibilities, his emotions, his spirit, and his mind severely alone. There is the devil in mothers, that they must provoke personal ... response from their infants.”
—D.H. (David Herbert)
“Life has no other discipline to impose, if we would but realize it, than to accept life unquestioningly. Everything we shut our eyes to, everything we run away from, everything we deny, denigrate or despise, serves to defeat us in the end. What seems nasty, painful, evil, can become a source of beauty, joy and strength, if faced with an open mind. Every moment is a golden one for him who has the vision to recognize it as such.”
—Henry Miller (1891–1980)