Monday, December 26, 2011

FAMILY PROBLEMS

Many working class families face problems today with youth unemployment at its highest for years, but even the mega-rich have their problems. "Billionaire Bernie Ecclestone has accused his daughters of squandering the money he set aside to provide for his future grandchildren. The Formula 1 boss said he had put £3 billion in a trust fund for his glamorous daughters Tamara, 27, and Petra, 22, to invest in property . But he has now expressed his exasperation that the money has instead been used to fund Petra's lavish £12 million wedding earlier this year, and to renovate both girls' luxury mansions to cater to their whimsical, indulgent tastes." (Daily Mail, 12 December) RD

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