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The $30m man - Joe Hachem



AUSTRALIA'S world poker champion, Joe Hachem, is on his way to becoming a very rich man.

Only days since winning the World Series of Poker, the former Preston chiropractor is negotiating to triple his $10 million winnings through a series of commercial contracts.

Hachem, a father of four, has spent the past week in a $3600-a-night suite in Las Vegas sifting through dozens of business proposals including a plan to become Crown Casino's poker ambassador, an offer to star in a series of TV commercials in the US, sponsorship from elite clothing manufacturers and deals with internet gambling sites.

"I think I am averaging two meetings a day with people," he said. "And we are going to take everything into account. We are not going to knock back anything at this stage."

"I'm no longer Joe from Preston."

Last weekend, Hachem, 39, beat 5619 poker players from throughout the world in a nine-day Las Vegas competition and yesterday said he was quitting his job as a mortgage broker to play up to six poker tournaments a year overseas and the Aussie Millions at Crown in January.

"Poker is a passion," he said. "It was a hobby."

Hachem was joined in his exclusive Wynn Casino suite this week by his wife of 16 years, Jeannie, and their four children.

Emotional Hachem said he could not have beaten the best players in the world without his wife's support.

He said he was "dying here without my family" and spoke to his wife every night during the tournament. She had told him: "You're destined for this tournament; don't give up."

With a glass of champagne in her hand, Jeannie Hachem said she knew her husband was going to have a big win.

"But I didn't think it would be this soon," she said. "I'm still in shock, you have no idea."

The Hachems said they planned to spend the winnings on their children's education and help other members of their family.

They arrived in Australia from Lebanon in 1972 and have suffered several setbacks including family deaths and a crippling blood disorder that forced Hachem to give up his job as a chiropractor three years ago.

"I was having counselling for 12 months," he said. "I was lost. Chiropractic was my passion. I studied for five years and practised for 13 years."

Hachem said he then turned to mortgage broking to make ends meet, but "unfortunately I entered mortgage broking on the cusp of the property downturn -- so it started off really well, but this last year has been a real tough slog".

But today, Joe's biggest problem is having to fend off the circling "sharks" in Vegas.

"Everybody is trying to spin me," he said. "There's this guy I met, just to say hello, who suddenly wants to be my agent and I don't know him from a bar of soap."

Tony Hachem, an accountant, has taken over managing his brother's affairs.

Joe Hachem can still not believe what he has won.

"Whatever time I wake up, if it's the middle of the night or not, I just expect it to be gone," he said.

The Hachems expect to leave Las Vegas next week.

 

 

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