Moss enjoyed money-filled festive seasonBy IANS
Sunday, January 9, 2011
LONDON - British supermodel Kate Moss enjoyed a lucrative Christmas holiday after she netted almost $10.5 million by winding up one of her private companies.
The catwalk queen launched Skate Enterprises in 1993 to hold her huge modelling fees. But the beauty decided to shut the business in 2008 following tax changes for big earners in Britain. However, the closure of the 15-year-old company was only finalised just before the recent festive period, reports thesun.co.uk.
Moss took away sumptuous amounts for each of her 100 shares, amounting to $10.3 million. She, however, won’t be able to spend the entire sum as the company is yet to pay a $2.2 million tax bill.