Introduction
Max Clifford was one of the most prominent and successful publicists of his time. He rose to fame by representing some of the biggest names in the entertainment industry. However, his career came to a shocking end when he was found guilty of sexual offenses and sentenced to prison. Despite his tainted reputation, he left behind a considerable net worth. In this post, we will uncover the shocking net worth of the late Max Clifford, including the sources of his income and where his fortune went after his death.
Early Life and Career
Max Clifford was born in the UK in 1943 and grew up in a working-class family. He started his career as a journalist but soon realized that he had a flair for publicity. In the 1980s, he founded his own PR agency, Max Clifford Associates, which grew rapidly and became one of the most successful in the industry. He represented some of the biggest names in entertainment, including Simon Cowell, Kerry Katona, and Jade Goody.
Net Worth at the Time of his Death
Despite losing everything due to his criminal convictions, Max Clifford left behind a fortune at the time of his death in 2017. His estimated net worth was £8 million, which he had accumulated through his PR business. However, he lost a significant amount due to the legal fees and compensation claims resulting from his criminal convictions.
Sources of Income
Max Clifford’s main source of income was his PR business. He charged high fees for his services, which made him one of the wealthiest publicists in the UK. He also made money through his autobiography, which was published in 2005 and became a bestseller.
Investments and Properties
Max Clifford was known to be a savvy investor. He owned several properties, including a £3.5 million mansion in Surrey, a holiday home in Spain, and a £1.6 million apartment in central London. He also invested in stocks and shares, which added to his fortune.
Charity Work
Max Clifford was known to be a generous philanthropist who supported several charities. He was involved in fundraising for children’s hospitals and cancer research charities, among others.
Legal Troubles
Max Clifford’s career came to a shocking end when he was found guilty of sexual offenses in 2014. He was sentenced to eight years in prison, which he served until his death in 2017. The legal fees and compensation claims resulting from his criminal convictions cost him a significant amount of his fortune.
Legacy
Max Clifford is remembered as one of the most successful publicists of his time. However, his legacy is tainted by the criminal convictions that he faced later in life. His fortune was largely dispersed among his family and some of his favorite charities after his death.
Conclusion
Max Clifford was a prominent figure in the entertainment industry who amassed a considerable fortune through his PR business. Despite his criminal convictions, he left behind a net worth of £8 million at the time of his death. His legacy is tarnished by the legal troubles he faced in his later years, but he is remembered as one of the most successful publicists in the UK.
FAQs
1) What was Max Clifford’s estimated net worth?
At the time of his death, Max Clifford’s net worth was estimated to be £8 million.
2) How did Max Clifford make his money?
Max Clifford’s main source of income was his PR business, and he also made money through investments and his autobiography.
3) Did Max Clifford own any properties?
Yes, Max Clifford owned several properties, including a mansion in Surrey, a holiday home in Spain, and an apartment in central London.
4) Was Max Clifford involved in any charity work?
Yes, Max Clifford was involved in fundraising for several charities, including children’s hospitals and cancer research charities.
5) What happened to Max Clifford’s fortune after his death?
Most of Max Clifford’s fortune was dispersed among his family and some of his favorite charities after his death.