Nicola Peltz, the model and actress, is said to be receiving an astonishing $1,000,000 (approximately £725,000) each month as an allowance from her billionaire father, Nelson Peltz. This revelation comes amidst ongoing tensions within the Beckham family, following recent public statements by her husband, Brooklyn Beckham.
Family Drama and Financial Support
Brooklyn Beckham, 26, recently made headlines by accusing his parents, David and Victoria Beckham, of attempting to control him and undermine his marriage to Nicola, which began in 2022. In response, Nicola has removed all references to her in-laws from her social media profiles, while sharing images of a luxurious holiday in California with her husband.
On a recent episode of The Rest is Entertainment podcast, presenter Marina Hyde disclosed insights into the financial dynamics between the families. Hyde suggested that while the Beckhams provide financial support to Brooklyn, it is not at the same extravagant level as Nelson Peltz's contributions to his daughter. She quoted Nelson as allegedly stating, "I give my daughter a million dollar a month allowance." This has sparked discussions about prenuptial agreements and family expectations.
Nelson Peltz: The Billionaire Behind the Fortune
Nelson Peltz, aged 83, is an American billionaire businessman and investor, best known as the co-founder of Trian Partners, an alternative investment management fund based in New York. His career includes directorships at major corporations such as Heinz, Mondelēz International, and Ingersoll Rand, and he previously served as CEO of Triangle Industries.
With an estimated net worth of around $1.7 billion (£1.3 billion), Nelson has been recognised by Forbes as one of the highest-earning hedge-fund managers. He has also been involved in political fundraising, notably for former US President Donald Trump. Nelson is married to Claudia Heffner, a former fashion model, and together they have eight children, including Nicola.
Lavish Spending and Lifestyle
Nelson Peltz has not been shy about spending on his daughter. For her wedding to Brooklyn, he reportedly allocated $3.5 million (£2.5 million) for the celebrations, held at the family's $103 million (£74 million) estate in Palm Beach, Florida. The event featured performances by Snoop Dogg and significant expenditures on hair and makeup for the bridal party.
The couple currently resides in an £11 million mansion in Hollywood, with reports indicating that Nicola is the primary owner. A source previously commented to The Sun on the financial disparities between the Peltz and Beckham families, highlighting differing attitudes towards wealth and independence.
How Could $1 Million Be Spent Monthly?
Spending such a substantial sum regularly might seem challenging, but potential allocations include:
- Mortgage Repayments: Up to £60,000 for their luxury home.
- Luxury Holidays: Around £30,000 for stays at high-end locations like San Ysidro Ranch in California.
- Dining Out: Approximately £20,000 exploring LA's culinary scene.
- Pet Care: £30,000 on grooming for their four dogs, with additional funds for animal charities.
- Fine Wine: £32,000 on exclusive bottles, such as Château d'Yquem.
- Personal Items: £10,000 on designer handbags and other luxuries.
Despite these estimates, it underscores the extraordinary nature of such an allowance in everyday terms.
Career Pursuits of Nicola and Brooklyn
Nicola Peltz has built a career in acting, with roles in productions like Bates Motel and Transformers: Age of Extinction. She has also ventured into writing and directing, recently promoting her work in the thriller Pretty Ugly.
Brooklyn Beckham has explored various professions, including modelling, photography, and cooking. His endeavours have sometimes faced criticism, such as accusations of nepotism in his photography work. He currently runs a cooking series and has launched a hot sauce brand, though his recipes have been met with mixed reactions.
As this family saga continues to unfold, the financial aspects reveal deeper layers of the dynamics between two high-profile families, blending personal relationships with substantial wealth.
