Watch: Two Billionaires Brawl on the Street Over Miranda Kerr

Two Australian billionaires, James Packer and David Gyngell, were seen getting in to a brawl after Gyngell waited outside of Packer's home and confronted him. 

The two have been friends since childhood and were photographed fighting on the streets of Sydney. Allegedly the pair had a falling out over Packer's treatment towards his ex-wife who he separated from last year.

Gyngell was not happy with how Packer was behaving, including his new rumored relationship with model Miranda Kerr, which he didn't feel was fair to his former partner. Both were fined $500 after the fight and no one is pressing charges. A rep for Gyngell commented:

"He fully accepts that he was the instigator of the incident. Clearly, had he not turned up at Packer's premises in an angry mood then the confrontation would never have occurred."

Miranda has remained quiet on the topic and hasn't confirmed her relationship with Packer as of yet.

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