Australian billionaire James Packer has taken the necessary steps to relieve himself from day-to-day stress as he continues to recover from his mental illness.

The Sydney Morning Herald reported that Packer has stepped down from the board of his private investment company, Consolidated Press Holdings (CPH), in June as part of his plan to reduce his work commitments.

His departure from CPH came four months after the Aussie billionaire resigned from his position as director of Crown Resorts. CPH, which has been the Packer family’s primary bread and butter for more than 60 years, owns 46 percent of Crown Resorts.

In an e-mailed statement to SMH, a CPH spokesman confirmed Packer’s resignation from the company board as the Australian billionaire “continues to recover from illness” that was triggered by his failed overseas expansion, his very much publicized breakup with singer Mariah Carey, and connections to a corruption scandal involving Israel Prime Minister Benjamin Netanyahu.