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James Packer and his ex-wife Erica venture into his $ 200 million luxury yacht in Cabo

Billionaire James Packer and his ex-wife Erica were joined by an army of close friends when they enjoyed the sun earlier this week in Cabo, Mexico.

The Australian casino magnate and his company gathered in a speedboat to travel to his nearby $ 200 million luxury yacht.

The 52-year-old, who has been closely watching the construction of his controversial $ 50 million beachfront mansion in the resort town, made a relaxed impression while enjoying some rest with his neighbors.

On the road: Billionaire James Packer and his ex-wife Erica were joined by an army of close friends when they enjoyed the sun earlier this week in Cabo, Mexico

On the road: Billionaire James Packer and his ex-wife Erica were joined by an army of close friends when they enjoyed the sun earlier this week in Cabo, Mexico

James enjoyed the sun in a navy blue top and printed shorts and finished off the look with a few shades.

His ex-wife Erica, 42, looked casually chic in an oversized white blouse while enjoying her company.

The friendly exes – who broke up in 2013 after six years of marriage – ventured out on a speedboat with a bunch of friends.

It seemed that they were headed for James’ $ 200 million superyacht, which was finally completed after four years in April last year.

Lush Lifestyle: The Australian casino magnate and his company were spotted in a speedboat traveling to his nearby $ 200 million luxury yacht

Lush Lifestyle: The Australian casino magnate and his company were spotted in a speedboat traveling to his nearby $ 200 million luxury yacht

Lush Lifestyle: The Australian casino magnate and his company were spotted in a speedboat traveling to his nearby $ 200 million luxury yacht

Calmly: The 52-year-old cut a relaxed figure while enjoying some time with his loved ones

Calmly: The 52-year-old cut a relaxed figure while enjoying some time with his loved ones

Calmly: The 52-year-old cut a relaxed figure while enjoying some time with his loved ones

James named the impressive boat IJE – the first initial of the names of his three children, Indigo, 11, Jackson, 10, and Emmanuelle, seven.

The yacht was built by Benetti in Livorno, Italy and is 108 meters long, according to a report by The Sydney Morning Herald in April last year.

Meanwhile, James’ $ 50 million beachfront Cabo mega mansion is still under construction

Summery style: James took the sun in a navy blue top and printed shorts, finishing the look with a few shades

Summery style: James took the sun in a navy blue top and printed shorts, finishing the look with a few shades

Summery style: James took the sun in a navy blue top and printed shorts, finishing the look with a few shades

Looking good: his ex-wife Erica, 42, looked casually chic in an oversized white blouse while enjoying her company

Looking good: his ex-wife Erica, 42, looked casually chic in an oversized white blouse while enjoying her company

Looking good: his ex-wife Erica, 42, looked casually chic in an oversized white blouse while enjoying her company

Sailing: The friendly exes - who broke up in 2013 after six years of marriage - ventured out on a speedboat

Sailing: The friendly exes - who broke up in 2013 after six years of marriage - ventured out on a speedboat

Sailing: The friendly exes – who broke up in 2013 after six years of marriage – ventured out on a speedboat

Opulent: Looked like they were headed for James' $ 200 million superyacht, which was finally completed after four years in April last year

Opulent: Looked like they were headed for James' $ 200 million superyacht, which was finally completed after four years in April last year

Opulent: Looked like they were headed for James’ $ 200 million superyacht, which was finally completed after four years in April last year

James bought three blocks of oceanfront land, each for about $ 9.7 million, to make way for the big project.

Construction of the path in the popular resort town started in December 2018.

At the time, it was reported that the compound had become a controversial topic with local Mexicans worried they might lose access to the public beach.

Ongoing: James' $ 50 million beachfront Cabo mega mansion is still under construction

Ongoing: James' $ 50 million beachfront Cabo mega mansion is still under construction

Ongoing: James’ $ 50 million beachfront Cabo mega mansion is still under construction

Savings: James bought three blocks of oceanfront land, each for about $ 9.7 million, to make way for the big project

Savings: James bought three blocks of oceanfront land, each for about $ 9.7 million, to make way for the big project

Savings: James bought three blocks of oceanfront land, each for about $ 9.7 million, to make way for the big project

Palatial Project: Construction of the path in the resort town popular with celebrities began in December 2018

Palatial Project: Construction of the path in the resort town popular with celebrities began in December 2018

Palatial Project: Construction of the path in the resort town popular with celebrities began in December 2018

Some ex-pats have also expressed concerns about the size of the project.

The house is near the One & Only Palmilla resort and the only public beach in the area, where James’ close friend Karl Stefanovic married.

The billionaire has spent about three months a year at the exclusive resort after being introduced to the city for 50 years by former fiancé, Mariah Carey.

Disputed: In December 2018, it was reported that the compound had become a controversial topic with local Mexicans fearing they might lose access to the public beach

Disputed: In December 2018, it was reported that the compound had become a controversial topic with local Mexicans fearing they might lose access to the public beach

Disputed: In December 2018, it was reported that the compound had become a controversial topic with local Mexicans fearing they might lose access to the public beach

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