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Tuesday, March 17, 2009

Celebs feeling the credit crunch too



Heir-head Paris Hilton is feeling the pinch.

The 28-year-old It Girl once commanded around £75,000 for a nightclub appearance in London but in November her “work” fee dropped to just £25,000.

And she can’t even fall back on a big inheritance either. In 2007, her grandfather, Barron, cut her original £50million potential windfall to just £2.5million, pledging the rest to charity.



MEGA-MINTED Roman Abramovich is thought to have suffered losses of up to £12BILLION thanks to the crunch.

The Chelsea FC owner has seen his stakes in Russian steel group Evraz and mining firm Highland Gold take a kicking, while his property investments and his main company Millhouse have also plunged in value.

The 42-year-old Russian tycoon may now have only a measly £3billion in his personal coffers now.

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