'I send them my love': James Packer shares touching message for Karl Stefanovic and his bride-to-be Jasmine Yarbrough after pulling out of their wedding ...as the 'real reason' for the billionaire's no-show is revealed
Australian businessman James Packer has shared a touching message to Karl Stefanovic after announcing he would no longer be a groomsman at his star-studded wedding.
The billionaire, 51, who is close friends with Karl, 44, had been tipped to stand alongside the Today Show host as he married Jasmine Yarbrough, 34, at the lavish event in Los Cabos this weekend.
Speaking to PS Sydney, James said that despite not being able to attend he wished the couple all the best.
'I send them my love': James Packer (left), 51, has shared a touching message after pulling out Karl Stefanovic's star-studded Mexico wedding to Jasmine Yarbrough (both pictured right)
'I wish them the best of luck, hope they have a life full of happiness together, and send them my love,' he said.
It was originally speculated that the billionaire would not attend the luxurious wedding after opting instead to help celebrate his mother Ros' 80th birthday.
However, according to the Sydney Morning Herald, James is reportedly concerned over the impact the huge amount of media attention surrounding the event could have on his 'sense of calm'.
An insider reportedly told the publication: 'He needs to take this time out for himself, to heal and to find a sense of calmness.'
Change of plans: According to a report James will not be attending the wedding due to concerns that the large amount of media attention the event is attracting
Karl is said to be 'disappointed' but understanding, the publication claims.
For the past year the casino mogul has been recovering from depression and anxiety.
In March he revealed that he was resigning from the board of the Crown casino company due to mental health issues before checking himself into an exclusive psychiatric hospital in America.
Karl and James have known to be close, with snaps first emerging of the pair on the multi-billionaire's super yacht in Bora Bora last year.
A happy bride: Karl and Jasmine's lavish wedding nuptials were kicked off on Thursday with a welcome dinner at the luxurious One&Only Palmilla resort in Los Cabos
Karl reportedly sat front row at James' wedding to Erica Baxter, 41, on the French Riviera in 2007.
And when Karl moved out of his marital home in 2016, he reportedly stayed at James' beachfront 'bachelor pad' in Sydney's Bondi - a sign of how close the two men are.
Karl and Jasmine's lavish wedding nuptials will be taking place at the luxurious One&Only Palmilla resort in Los Cabos this weekend.
Daily Mail Australia has reached out to James Packer for comment.
Best mates: Karl reportedly sat front row at James' wedding to Erica Baxter, 41 (right) on the French Riviera in 2007
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