Boyle's Financial Fears

SUSAN BOYLE lives in constant fear of squandering her fortune - because she has "no concept" of how much she has earned, according to her brother.
The Scottish spinster became a global phenomenon after appearing on U.K. TV contest Britain's Got Talent last year (09) and has since sold more than 8.5 million copies of her debut album, I Dreamed A Dream.
But her brother Gerry claims Boyle's millions are controlled by her management team, who provide the 49 year old with a weekly $450 (£300) allowance.
And Gerry admits his sister is "extremely distressed" over her finances, fearing she will lose all her earnings one day.
He tells Britain's News of the World, "When Susan realised she can't just walk into a bank and take out her own money she had a fit because she thought she was down to her last few quid (pounds).
"Her millions are ring-fenced but Susan has no concept of money. She was extremely distressed. She lives in fear of losing everything and returning to her old life before she made it big.
"Susan said to me, 'I've been told I get £300 a week because I'm a novice. I don't have the money to go and buy the furniture.'
"Susan is baffled about money. All she wants to do is sing... Susan isn't financially astute but she is worried about her situation... And she's got this paranoia that she's going to go back to square one, back to where she was before Britain's Got Talent."


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Comments

just a fan's picture

just a fan

hi there our special SUSAN,I feel for you, & it must be so hard not being able to receive money that is your,s, & not knowing why.Please stop worrying, keep on singing,, for you make the world a happier place & the rest will take care of itself. love you heaps, babe....... just a fan.
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no_shock's picture

no_shock

just shows what a retard she must be if they cant trust her with her own money
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sashay's picture

sashay

okay first of all that is really rude to call her retarded. MOST people could not handle the sudden fame and fortune, especially at her age, after having lived a very quiet and secluded life. Make no mistake...it has nothing to do with them TRUSTING her with her own money...they are managing her money for her and you can bet your ass that they are CHARGING her for the privilege. Hope they invest it carefully and it continues to grow. Sounds like her management team is taking extreme advantage here. yes of course she signed papers to agree to it..but I doubt she realized what she was signing...she "trusted" and signed whatever they put in front of her. Hope Pebbles is protected.
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Meryl Heasman's picture

Meryl Heasman

I am sure the truth of the situation lies somewhere in the middle of this controversy...here's hoping the whole matter is resolved as soon as possible.
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