Mel B is broke but how? DM article

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Mel B is broke but how? DM article

Postby kamel » 03 Jul 2017, 01:37

http://www.dailymail.co.uk/tvshowbiz/ar ... w-out.html

After tasting global success with the Spice Girls, you might think Mel B was financially set for life.
But the former Scary Spice told a court in Los Angeles last week that she has blown the entire £38 million she made during her career. One company is down to its last £961. She is, it appears, broke.

All their community income was being spent and then some. In this marriage, that would be Miss Brown's income from the Spice Girls

But the question is, how on earth did Scary Spice go bust?
The answer, at least in part, must lie in the 'spend, spend, spend' lifestyle enjoyed over the past decade by the 42-year-old and Belafonte, her second husband.

Their luxury purchases included an armoured car costing £200,000. They have travelled on holiday on private jets, renting villas with a butler.
Her jewellery collection includes huge diamond rings, she owns enough designer handbags to stock a boutique — and let's not forget her lavish birthday gifts for Belafonte, which included a private island and a surprise party she threw for him featuring fire-eaters and elephants.
Here's how Scary broke the bank..


FLASH WHEELS
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For most millionaires, a black Bentley Continental GTC costing around £165,000 and a Ferrari California worth only a little less would suffice. Not Mel B.
She has both of these — then in 2013 she ordered a seven-seater Cadillac Escalade ESV, customised with armour plating and capable of delivering an electric shock to anyone who grabs the door handles.
The attack-proof motor, capable of withstanding bullets, bombs and chemical attacks, set her back £200,000.

It was delivered to her home by the president of the Texas Armoring Corporation, which did the work.
She was so delighted, she then ordered an armoured Range Rover and Mercedes Benz S-Class as well, both costing a similar amount.
That brings her spend on cars to not far short of £1 million.

BAGS OF BLING


She regularly sports 3.5-carat diamond earrings which cost around £50,000. Her pear-shaped diamond ring, with a surround of pavé diamonds and a platinum setting, is worth about £425,000, and her huge yellow diamond ring is worth about £200,000.
She also has a diamond engagement ring worth about £50,000, which husband Stephen 'upgraded' for her in 2014. 'He's sweet like that,' she said at the time.
She often wears two Cartier yellow gold 'love' bangles with diamonds, costing £8,100 each, and favours a £20,000 Rolex Everose gold Daytona watch.

HANDBAG HEAVEN

Mel has least four Birkins (deep blue, tan, pale tan and grey), each worth around £20,000, more branded Louis Vuitton than she can carry and dozens of other designer bags on which she will comfortably have spent £500,000.
Among the stars of her collection are an Yves Saint Laurent Muse Bag and Downtown tote, Louis Vuitton Artsy Hobo, Eole Rolling Duffel Bag and Chanel Cocoon bag.
The list goes on and on.


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LAVISH HOLIDAYS

Scary has three daughters — Phoenix, 18, by her first husband, Dutch dancer Jimmy Gulzar; Angel, ten, by comedian Eddie Murphy; and Madison, five, by Stephen Belafonte. The family is known for taking lavish holidays.
Last year they went by private plane from Los Angeles to Las Vegas to watch Jennifer Lopez in concert — meaning they spent £12,000 in one evening.
In an interview, Mel B cited a three-week break in a villa in Hawaii, complete with full staff and a butler, as their best break yet. She said: 'Because I'm always travelling with my kids, I always need something for their entertainment. There also has to be snorkelling and lovely sunsets.'
For a time the couple owned a holiday home in Miami, Florida, costing around £3 million, but this seems to have been sold.

BUST BUSINESSES

She may well have other business interests in America or elsewhere in the world, but as far as her UK companies are concerned, Mel B is not sitting on a fortune.
One firm, Moneyspider Productions, which was set up to receive income from her (failed) solo recording career, has only £961 in its accounts, according to documents filed at Companies House in February this year.
Mel is also a director of Spice Girls Limited and Octopus Direct Limited. She owns 20 per cent of Spice Girls Limited, which as of August 31, 2016, held £109,987 — with the remainder divided equally between the other former Spice Girls.

HIGH-COST HUBBY

Belafonte is a small-time film producer whose two most recent movies have flopped horribly.
In 2008 he produced Mutant Chronicles, a sci-fi thriller with a £19 million budget which grossed only £1.6 million worldwide.he taken that money from her fortune

he following year he co-produced the Nicolas Cage vehicle Bad Lieutenant: Port Of Call New Orleans, which had a £16 million budget but grossed only £1.2 million in America.
He was an executive producer on the reality TV show in which he and Mel appeared in 2010, but does not seem to have worked in film since then.
Movies aside, he is reportedly an investor in a Sydney nightclub — and he and Mel B also formed a partnership with the owners of the Serafina restaurant chain to open a branch on Sunset Strip in Los Angeles last year.

PAYING OFF EXES


he first significant nibble into Mel's Spice Girls earnings came when her two-year marriage to dancer Jimmy Gulzar collapsed in 2000. The divorce cost a reported £1.6 million in alimony.
Gulzar has since moved to Los Angeles so he can maintain contact with their daughter, Phoenix, who turned 18 earlier this year.
Belafonte came into the marriage with a child from a previous relationship. He and estate agent Nicole Contreras have a daughter , 12-year-old Giselle. In court papers, Mel B claims he paid £247,000 of her money, without her knowledge or consent, to support the child. However, Miss Contreras later said she had received no child support from Belafonte.

nd now? Well, that payment to Gulzar is starting to look like a bargain. Belafonte — whom she wed in a £15 quickie ceremony in Las Vegas in 2007 — has asked for £3,263 a month for groceries, £1,520 a month for clothes, £8,350 to cover his rent and £570 to cover his mobile phone bill. Mel B has declined.
Instead, she claims Belafonte owes her £800,000 in money taken without her permission during the marriage. Her team wrote in court papers: 'We do not believe your client is entitled to much, if any, of the community, but will owe Mel for the amounts he has taken from her without her knowledge or consent.'

LOTS OF STAFF
It takes quite a few people to run Scary's life. Mel B has an agent, a publicist, a PA and a nanny. To look after the house there is at least one housekeeper, plus gardeners and pool technicians.
It is estimated that the total staff cost is at least £250,000 a year.




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Re: Mel B is broke but how? DM article

Postby PeruvianSpice » 03 Jul 2017, 07:37

oh my god!!!

really? that sounds sad... she seemed to be the most prolific in recent years but oh well, with a scumbag lke him...

does she needs to pay alimony to Jimmy forever? or when does it end?
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Re: Mel B is broke but how? DM article

Postby Archie » 03 Jul 2017, 08:27

I don't believe it. Even with a lifestyle like this she will never be broke. I'm sure she made it all to look broke only for the court. Yeah, maybe her company that work only for music projects have only £961, but she have other companies. Really, she's playing not a clean game
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Re: Mel B is broke but how? DM article

Postby King » 03 Jul 2017, 12:02

Ha ha. I wonder where all the millions she gets from AGT go, probably on offshore accounts. There is no way she is broke. She's constantly working, she's constantly hired for the last 10 years. TV pays good money and she's constantly getting TV jobs.
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Re: Mel B is broke but how? DM article

Postby Javi » 03 Jul 2017, 12:25

You know that, for someone like her, the "broke" status isn't the same as it would be for us, right?

You're not broke when you have 0 money in your bank account. You're broke when your expenses are higher than your income and you struggle to pay for them, specially if you're in the middle of a divorce and your ex-husband is asking for more than 15,000 dollars per month.

The thing that really makes me wonder how kind of "tricks" she might be playing here is that, before she met Eddie Murphy and her celebrity status started rising again, she was labeled "poor Spice" because she, supposedly, had wasted most of her SG days money and was living a low-key (for her standards) life. So whatever money she wildly spent since she met Stephen must be the money she made from Dancing With The Stars onwards, including the ROTSG tour benefits, not the 90s money she made back then.
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Re: Mel B is broke but how? DM article

Postby kamel » 03 Jul 2017, 13:49

The two flop movies Stefan did produced from Mel B money,that why she is broke,Stefan is the reason why she is broke
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Re: Mel B is broke but how? DM article

Postby PeruvianSpice » 03 Jul 2017, 17:44

Javi wrote:You know that, for someone like her, the "broke" status isn't the same as it would be for us, right?

You're not broke when you have 0 money in your bank account. You're broke when your expenses are higher than your income and you struggle to pay for them, specially if you're in the middle of a divorce and your ex-husband is asking for more than 15,000 dollars per month.

The thing that really makes me wonder how kind of "tricks" she might be playing here is that, before she met Eddie Murphy and her celebrity status started rising again, she was labeled "poor Spice" because she, supposedly, had wasted most of her SG days money and was living a low-key (for her standards) life. So whatever money she wildly spent since she met Stephen must be the money she made from Dancing With The Stars onwards, including the ROTSG tour benefits, not the 90s money she made back then.


yeah, you're right
i remember the lesbian photos where she looked really normal... so yeah, i remember her being labeled "poor" (not saying she is)... but she got a 180 degrees change
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Re: Mel B is broke but how? DM article

Postby MJ » 03 Jul 2017, 23:00

It is completely ridiculous for Stephan's lawyers to claim that Mel B is broke unless they are almost sure they are not getting any money from Mel B with the way her finances are presented in court papers. They are frustrated and they want to make her pay by "tarnishing" her reputation. And I can't wait to celebrate Stephen's not getting a single cent even if Mel is labelled "poor" all over again.

However just recently Mel B's net worth was in more than €55 millions, this was also mentioned many times in tabloids when she presented 3 shows in 3 different continent at the same time. Also during the 2014 radio interview with Howard Stern when Howard basically said he respected Mel as a thoughtful business woman and was impressed with the fortune she made. Even if you deduct the amounts mentioned it is still tens of millions, unless some actions had been taken.

That money is not and should never be Stephen's, it's her money, her 3 kids' money. Phoenix Chi has just turned 18, she is perfectly eligible of having an account on her name with a nice sum of money, might be a mystery solved.
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Re: Mel B is broke but how? DM article

Postby PeruvianSpice » 04 Jul 2017, 02:04

Well maybe she did't tell Howard how Stephan was spending a lot of money with the promise of "paying it back" when his projects take off... we know that never happened but who knows...
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Re: Mel B is broke but how? DM article

Postby Thom » 04 Jul 2017, 09:12

with a celebrity status like Mel's, it's important to keep up appearances. it's all about the EGO.

if Howard Stern makes statements like that, she is not gonna go against that and just knot yes.

nobody is gonna hire/is interested in a poor ex-popstar.
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Re: Mel B is broke but how? DM article

Postby MJ » 04 Jul 2017, 13:34

Alright, so now we have an official accountant for Mel's case. What I do not understand is why does the possibility of her being poor makes you so happy.

Nobody was hiring Mel B for her money in the first place. She gets the jobs because she is entertaining, because she has never lost the spark or the energy, even people who dislike her cannot deny that.
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Re: Mel B is broke but how? DM article

Postby PeruvianSpice » 04 Jul 2017, 19:37

I'm actually sad if she's in financial problems.
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Re: Mel B is broke but how? DM article

Postby kamel » 05 Jul 2017, 02:13

PeruvianSpice wrote:I'm actually sad if she's in financial problems.

We should start a GoFundMe page for Mel?
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Re: Mel B is broke but how? DM article

Postby kamel » 05 Jul 2017, 02:15

PeruvianSpice wrote:I'm actually sad if she's in financial problems.

We should start a GoFundMe page for Mel?
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Re: Mel B is broke but how? DM article

Postby kamel » 05 Jul 2017, 02:44

PeruvianSpice wrote:I'm actually sad if she's in financial problems.

We should start a GoFundMe page for Mel?
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Re: Mel B is broke but how? DM article

Postby Filip » 05 Jul 2017, 13:38

I do not believe she is broke. If there's any truth in it, it's all Stephen's fault for sure. He was the one in charge of their her money. He was obsessed with lavish lifestyle judging from his social media posts. Mel appears humble next to him.
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Re: Mel B is broke but how? DM article

Postby PoshInMaine » 05 Jul 2017, 19:14

Why doesn't she ask Victoria for a handout? :devil:
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Re: Mel B is broke but how? DM article

Postby PeruvianSpice » 05 Jul 2017, 21:42

kamel wrote:
PeruvianSpice wrote:I'm actually sad if she's in financial problems.

We should start a GoFundMe page for Mel?


Hmm nah. I'm sure she'll come out ok
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Re: Mel B is broke but how? DM article

Postby Thom » 06 Jul 2017, 07:50

PeruvianSpice wrote:I'm actually sad if she's in financial problems.


èh? when ur that famous and when you splash out 50 million no sadness her!
you brought it on yourself
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Re: Mel B is broke but how? DM article

Postby Thom » 06 Jul 2017, 07:51

Filip wrote:I do not believe she is broke. If there's any truth in it, it's all Stephen's fault for sure.


Melanie has always been known for her spending ways. Even before Stephen.
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Re: Mel B is broke but how? DM article

Postby kamel » 06 Jul 2017, 09:58

Thom wrote:
PeruvianSpice wrote:I'm actually sad if she's in financial problems.


èh? when ur that famous and when you splash out 50 million no sadness her!
you brought it on yourself


No it was Stefan who has access to her money, he did produce two flop movies from her money,he did take a lot of money like near 30 millions
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Re: Mel B is broke but how? DM article

Postby felx » 06 Jul 2017, 14:04

kamel wrote:
Thom wrote:
PeruvianSpice wrote:I'm actually sad if she's in financial problems.


èh? when ur that famous and when you splash out 50 million no sadness her!
you brought it on yourself


No it was Stefan who has access to her money, he did produce two flop movies from her money,he did take a lot of money like near 30 millions


and you know it for sure cause you are their personal assistant or banker..... :rolleyes:
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Re: Mel B is broke but how? DM article

Postby kamel » 06 Jul 2017, 14:25

felx wrote:
kamel wrote:
Thom wrote:
PeruvianSpice wrote:I'm actually sad if she's in financial problems.


èh? when ur that famous and when you splash out 50 million no sadness her!
you brought it on yourself


No it was Stefan who has access to her money, he did produce two flop movies from her money,he did take a lot of money like near 30 millions


and you know it for sure cause you are their personal assistant or banker..... :rolleyes:


I know it from that Daily mail article and i believe it because i know he has an access to her money, she said it before
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Re: Mel B is broke but how? DM article

Postby -Claudia- » 06 Jul 2017, 15:21

Her net worth will also include assets aswell so no money in the bank doesn't mean she's completely broke - her houses, cars, shares etc all count too. So the Daily Mail are overreacting to those business accounts.

But, if they've not been paying tax - which Mel's lawyer seems to be saying - then that can really build up. You can't evade tax, and it'll be a hefty bill if she's been earning a lot over all these years.
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Re: Mel B is broke but how? DM article

Postby RobKelly666 » 06 Jul 2017, 19:50

She will have been advised to "gift" her surplus assets if she doesn't want him to get a penny. Her mum will have it.

As Danielle's post indicated when directed to Stepen - to the left to the left, everything you own in the box to the left!

Damage limitation - making sure he gets as little as possible!

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