His spectacular fall from grace has spilled all kinds of treasures – including a £ 30 million collection of Old Masters, a £ 6 million mansion in Kensington and what has been described as Ireland’s finest house.
But in a dramatic development at the Supreme Court, former Tory party treasurer Lord Magan – declared bankruptcy last November, as I announced – fought to overturn his bankruptcy.
Magan, whose fortune was once estimated at £ 200 million, was represented in court by his son, Ed Magan, 46.
Former Tory Party Treasurer Lord Magan (photo with Lady Magan), who was declared bankrupt last November, fought to annul his bankruptcy
In a spirited defense, Magan Jr. made a startling charge against the trustees now handling his father’s affairs, drawing particular attention to the fate of his father’s private pension, which, he told the High Court, was a whopping £ 354,606. pays out. -year.
“We believe that the trustees are trying to get this pension plan for themselves to cover their costs,” he said.
He explained that his mother and father, Wendy, are currently dependent on the state pension.[My father] made over £ 100 million, but he went to great lengths to trust. He has no assets. ‘
Such poverty was unimaginable in Magan’s heyday.
He earned £ 20 million after the 1995 sale of private equity firm Hambro Magan.
Magan then acquired a £ 25 million estate in Shropshire and then, in 1999, Castletown Cox in Ireland, which had its own ballroom and formal gardens designed by Mollie, Marquise Dowager of Salisbury.
Lord Magan, whose fortune was once estimated at £ 200 million, acquired Castletown Cox in Kilkenny, Ireland in 1999
In addition to becoming Tory treasurer – and donating £ 1.49 million to the party – he also became a director of the Bank of Ireland and a trustee of the Royal Opera House and London Philharmonic.
According to his son, Magan was too ill to attend yesterday’s hearing – even remotely. “He’s on his back and can’t move,” said Ed Magan.
Stuart Cottingham of Libertas Associates Ltd, the trustees, says the company cannot comment on Lord Magan’s health, but tells me: within a corporate entity. ‘
Judge Barber adjourned the hearing and ordered a medical report to be drawn up.
Despite her model genes, actress Poppy Delevingne – Cara’s older sister – claims that her physical flaws once destroyed her self-esteem.
‘I got acne when I was 29. Literally one morning I woke up and there it was. I had it for almost a year, unexplained, and it shattered my confidence, ”says project developer Charles’s 34-year-old daughter.
‘I used to be ashamed of it, but not anymore. Nobody is perfect.’
She adds, ‘I’ve had chronic eye bags since I was little, which I used to be bullied about in school.
“Now I try to hug my panda-like eyes.”
Tchenguiz’s love staggers with tulips
Real estate mogul Robert Tchenguiz’s live-in lover, Julia Dybowska, played the image of her Barbie doll this week
Who says you can’t taste with money? Real estate mogul Robert Tchenguiz’s live-in lover, Julia Dybowska, capitalized on her Barbie doll image this week as she celebrated her 30th birthday at his £ 20 million home in Kensington.
The Polish model, who lives with Tchenguiz, 60, on the fourth floor of his mansion, while his estranged wife Heather Bird, 51, sleeps three floors below, showed off her tan from her recent trip to Mexico in a bright pink mini dress and matching stilettos.
She called herself the ‘birthday girl’ and posed with a bunch of tulips.
Tchenguiz once hosted a party where he transformed the house, which overlooks the Royal Albert Hall, into a miniature palace of Versailles, complete with acrobats from the Cirque du Soleil.
Alienated Firths tuned for pop star son
Colin Firth and estranged wife Livia (left) reunite in support of their son Luca, 20, (right at the Isle of Wight festival)
Oscar winner Colin Firth and his estranged wife Livia have reunited in support of their son Luca who released his debut solo single Wings this week.
‘Written, sung and produced by him without the input of his parents,’ gushes his mother, Livia, who describes herself and Colin as ‘incredibly proud’.
Exeter student Luca, 20, recorded the song while isolating himself in his college halls during the pandemic.
“It’s a kind of autobiographical explanation of where I was at the time,” explains Luca. “I was confused and struggled to imagine what I was going to do with my life — as so many people were at the time.”
Luc started his music career with a bang when he played at the Isle of Wight festival in 2018.
Judging from his lyrics, it seems he has inherited the natural exuberance of his Italian-born mother: ‘I felt loved by those I need. I felt free. I could breathe. And when I grow wings, I release you. ‘
The lead role of Vanessa Kirby in the new film, Pieces Of A Woman, has won Best Actress nominations from the Golden Globes, Baftas, SAG Awards, Critics’ Choice and Academy Awards.
But the 32-year-old admits she’s struggling to adapt to these virtual ceremonies, which she ‘attends’ from her cozy South London bedroom.
“You do these Zooms from the ceremonies – they usually get here at 4am because it’s LA time,” she says.
‘I drag my sister out and we sit there giggling, and they come over and you clap. Then the computer shuts down and we eat a bar of chocolate at 5 in the morning, laughing in our pajamas at any TV. ‘
Did royal snapper crack?
One of the people created by photographer Hugo Burnand is modeled after Heston Blumenthal
He’s a photographer with a royal appointment, but Hugo Burnand has turned the camera on himself – with surreal results.
“I hadn’t photographed anyone in years, so I thought I would make people,” he tells me.
‘The hands are mine. I picked up pots and clothes from all over the house and these characters came out. ‘
One of them is modeled after Heston Blumenthal, whom he playfully called ‘Heston Bloomin’tools’.
The ‘Make New Friends’ series consists of 12 photos, signed and embossed with the Royal Warrant, at £ 50 each with the winnings to Age UK and The Silver Line, of which the Duchess of Cornwall is patron.
“Thank goodness I didn’t have to run a marathon to raise money for a good cause,” jokes Prince William’s wedding photographer. “I’m a terrible runner.”
Former Made In Chelsea lothario Spencer Matthews, who is married to Irish model Vogue Williams, claims infidelity in their marriage wouldn’t be a deal-breaker.
“I would probably forgive her and take her back. I can’t worry about the whole divorce. We have children, ”says Pippa Middleton’s old Etonian brother-in-law.
“If she went and shot a duke, I’d keep it in the back of my mind and think, ‘That’s the life, isn’t it.” Stylish, huh?