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
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