Episode

Nakhle Family Feud Sells Horse Racing Empire | Auckland News

Podcast
Auckland News Today | 2 Min News | The Daily News Now!
Published
Sep 12, 2026
Duration seconds
95
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https://sources.thednn.ai/292d9e4e5ca48b31
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Summary

A sprawling horse racing empire tied to the wealthy Nakhle family is being liquidated amid a bitter family feud, as legal battles over misused funds and disputed assets unfold. Daniel Nakhle faces allegations of siphoning $40 million from family businesses—Byerley Park and Karaka Estate—to keep them afloat, while he claims rightful ownership of over $60 million in assets. Now declared insolvent, the companies owe $16 million to creditors, including staff and suppliers, as liquidators rush to sell off land, buildings, and even livestock to recoup losses. With investigations underway for potential illegal transactions, this high-stakes drama exposes how family wealth can collapse under betrayal—and now, it’s being auctioned piece by piece. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/292d9e4e5ca48b31