Re: Portnoy out...
Just because you look like you’re rich doesn’t mean you are.
That's why credit is so popular.
And in fairness, it’s not just famous people either. You’ve probably seen some suit drive past you in a nice BMW and thought, “hmmm, looks like someone has done well for themselves...”, when in reality, that person could be up to their eyeballs in debt and have been getting dunning notices from their lenders.
If people actually had to display the amount of money they owe on their foreheads, you would be surprised.
When people earn more money it gets them access to a larger line of credit.
Even Simon Cowel went bankrupt in the early 90s. He confessed to it in his autobiography that although he had the big house, the car and all the other accessories of the high ife, it was bought on credit.
The only person who truely knows how much MP is worth, is MP and his accountant.