Cara banks £10m
MODEL’S PROPERTY EMPIRE IS BOOMING
MONEYBAGS supermodel Cara Delevingne’s property empire has seen its value rocket by £10million in two years.
New figures show the Delevingne family business saw the worth of its properties soar from £35.3m in 2020 to £45.7m by the end of May this year.
The firm, which employs five staff, caused controversy when it was found to be claiming furlough cash during the pandemic.
Government records showed it claimed up to £10,000 for December 2020 and a similar amount the following year. This year the firm paid out almost £1m to its directors in dividends.
Cara, 30, who is Britain’s wealthiest model, is a director of Harvey White Properties alongside her father Charles and her two older sisters, Poppy and Chloe. The company owns a block of property in Kensington, West London, which is home to several luxury fashion shops.
Its total assets, including cash are £48.7m.
The furlough schemes were available to all eligible businesses and there is no suggestion the firm did anything wrong in claiming the money.