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Taylor Swift Achieves Billionaire Status: Superstar Singer and Marketing Innovator

Taylor Swift has reached billionaire status, marking a significant milestone just 17 years into her illustrious music career, as reported on Thursday.  

At 33, the Look What You Made Me Do hitmaker joins the elite ten-digit club, with Bloomberg revealing her net worth now stands at $1.1 billion. 

Swift’s remarkable leap in net worth is largely attributed to her Eras Tour. This tour is not only a smashing success but is also on track to becoming the highest-grossing tour in history, further showcasing her enduring appeal.

Reaching this financial pinnacle is notable, as Swift is one of the rare individuals to achieve such wealth primarily through music and live performances.

However, one must question whether her ten-figure fortune is solely the result of musical success, or if it’s the culmination of over a decade of savvy business strategies and acumen.

Billionaire status: Taylor Swift (Pictured: in October 2023) has officially reached billionaire status - 17 years into her career as music's biggest superstar

Billionaire status: Taylor Swift (Pictured: in October 2023) has officially reached billionaire status – 17 years into her career as music’s biggest superstar

Record breaking: The success of the multi-Grammy Award-winning songwriter's Eras Tour - which is on track to becoming the highest grossing tour in history - is credited for skyrocketing her net worth

Record breaking: The success of the multi-Grammy Award-winning songwriter’s Eras Tour – which is on track to becoming the highest grossing tour in history – is credited for skyrocketing her net worth

Finally time for 1989: Taylor Swift finally re-released her 2014 hit album 1989 (Taylor's Version) on Thursday, sending fans into a frenzy

Finally time for 1989: Taylor Swift finally re-released her 2014 hit album 1989 (Taylor’s Version) on Thursday, sending fans into a frenzy 

Original album sales

Swift primarily earned her millions from a successful music career, which she began at age 16 with her eponymous debut album. 

Since then, her 10 studio albums have sold millions of copies both physical and digital.

In 2020, her albums Evermore and Folklore made up the bulk of her $23.8 million revenue, with Billboard calculating that the singer took home 46% of the royalties from sales and streaming, since she owned the masters.

The publishing rights that Swift owns for her previous albums are worth an estimated $200 million, according to Forbes. 

Taylor’s latest album, Midnights, sold 6 million album equivalent units worldwide in the first two months of its release – making Swift the only artist to have five albums with more than 1 million units sold during release week, Universal Music Group say. 

Success from the start: Swift primarily earned her millions from a successful music career, with her 10 studio albums have selling millions of copies both physical and digital

Success from the start: Swift primarily earned her millions from a successful music career, with her 10 studio albums have selling millions of copies both physical and digital

Let the numbers speak: The publishing rights that Swift owns for her previous albums are worth an estimated $200 million

Let the numbers speak: The publishing rights that Swift owns for her previous albums are worth an estimated $200 million

Midnight madness: Taylor's latest album, Midnights, sold 6 million album equivalent units worldwide in the first two months of its release

Midnight madness: Taylor’s latest album, Midnights, sold 6 million album equivalent units worldwide in the first two months of its release

Re-recording sales boom

The Lover hitmaker has been busy re-recording her first six albums after a dispute with her old label Big Machine Records.

She has so far released re-recording of Fearless (2008), Red (2012), Speak Now (2010 and now her beloved 2014 album titled 1989, which dropped on Thursday night, which has sent fans into a frenzy. 

Back in 2019 Taylor took to her Tumblr to reveal ‘bully’ Scooter Braun — who is the manager of Justin Bieber and former manager of Ariana Grande and Demi Lovato — acquired the label she was previously at Big Machine Records.

His company Ithaca Holdings LLC bought Big Machine Label Group for a reported $300 million. The deal included the master recordings of all six of her albums – all of her previous music and her legacy.

On her Tumblr post, Taylor slammed Scooter as well as Big Machine Label Group CEO Scott Borchetta and revealed she was not offered the opportunity to buy her own masters and that the former bullied her for years.

Braun then sold Swift’s masters to the private equity firm Shamrock Holdings in 2020 for a reported $300 million.

An angry Swift took to Twitter at the time to react to the ‘second time my music had been sold without my knowledge.’

She claimed to have received a letter from the firm that claimed ‘Scooter Braun had required that they make no contact with me or my team, or the deal would be off.’

Taylor also claimed that ‘Scooter Braun ‘will continue to profit off my old musical catalog for many years’ as part of the business deal.

Shamrock Holdings has since sold a minority stake to RidgeLake Partners.

Fan frenzy: Customers stand in line at Plaid Room Records to buy the re-recorded version of Taylor Swift's re-recorded album 1989 on October 27

Fan frenzy: Customers stand in line at Plaid Room Records to buy the re-recorded version of Taylor Swift’s re-recorded album 1989 on October 27 

Dispute: The Lover hitmaker has been busy re-recording her first six albums after a dispute with her old label Big Machine Records

Dispute: The Lover hitmaker has been busy re-recording her first six albums after a dispute with her old label Big Machine Records

Paying off: Taylor is believed to be raking in £6.7million in streaming royalties every month after re-recording some of her earlier albums

Paying off: Taylor is believed to be raking in £6.7million in streaming royalties every month after re-recording some of her earlier albums

Music stream royalties 

Taylor is believed to be raking in £6.7million in streaming royalties every month after re-recording some of her earlier albums.

The Shake It Off singer is said to have already earned more than £5,000,000 in estimated royalties following the release of Speak Now (Taylor’s Version) in June.

According to the latest reports, her re-recorded albums have a combined streaming total of 6,872,886,786.

The singer-songwriter, who has the most Billboard Hot 100 entries out of any female artist in the world, earns an estimated £6,738,785 a month in royalties solely from her three re-recorded albums.

Streaming royalties: The singer-songwriter earns an estimated £6,738,785 a month in royalties solely from her three re-recorded albums

Streaming royalties: The singer-songwriter earns an estimated £6,738,785 a month in royalties solely from her three re-recorded albums

Dominating Billboard: Taylor Swift is breaking records as she has the most Billboard Hot 100 entries out of any female artist in the world

Dominating Billboard: Taylor Swift is breaking records as she has the most Billboard Hot 100 entries out of any female artist in the world

Sell-out concerts and tours

Bloomberg reported that the 53 concerts Swift performed in the United States this year ‘added $4.3 billion to the country’s gross domestic product.’

This is because the massive tour led to extensive travel, ticket sales and merchandising opportunities for her legions of fans.

The outlet notes their analysis was a ‘conservative’ one as it is strictly based on figures that are publicly known such as her real estate portfolio, streaming deals, etc.

Swift kicked off her Eras Tour in the United States in March following a now infamous Ticketmaster debacle last November that left many ‘Swifties’ without tickets and, instead, saw them snapped up by resellers.

The site had crashed and fans found themselves booted from the virtual queues.

Swift spoke out amid the chaos, telling her devout fanbase that she was just as ‘pissed off’ as everyone else is.

At face value, the ticket prices ranged between $49 to $499 – but, on resale sites like StubHub and SeatGeek, they were going for thousands of dollars.

SeatGeek told U.S. News in August that the average price of an Eras Tour resale ticket was $1,619.

The tour is predicted to net the star a staggering $4.1 billion – the most an artist has ever made from a single tour in history – according to the Washington Post.

Historic: The Eras tour is predicted to net the star a staggering $4.1 billion - the most an artist has ever made from a single tour in history (Pictured: in 2023)

Historic: The Eras tour is predicted to net the star a staggering $4.1 billion – the most an artist has ever made from a single tour in history (Pictured: in 2023) 

Tour queen: Swift performing onstage during Taylor Swift The Eras Tour at Ford Field on June 09, 2023 in Detroit, Michigan

Tour queen: Swift performing onstage during Taylor Swift The Eras Tour at Ford Field on June 09, 2023 in Detroit, Michigan 

Bracelet bonkers: Fearless bracelets on display at The Little Words Project pop-up boutique in October 2023, following the viral beaded bracelet trend Taylor set off during her Eras Tour

Bracelet bonkers: Fearless bracelets on display at The Little Words Project pop-up boutique in October 2023, following the viral beaded bracelet trend Taylor set off during her Eras Tour 

Blockbuster Eras Tour film  

Taylor’s already massive paycheck is also set to expand as the Eras Tour film hit theaters on October 13 after raking in over $80 million in advanced sales alone.

As of now, it has grossed a whopping $130million worldwide.

It was filmed during one of the six of her sold-out Eras Tour shows at SoFi Stadium in Los Angeles in August.

The film was a major coup for AMC. Taylor made the unusual move of negotiating directly with the theater chain to have it serve as her film’s distributor — skipping the usual middle man — after she and her family became frustrated with the demands of distributors she had been working with.

AMC has also been working out contracts with rival theater chains to allow them to show the film as well.

The movie also isn’t eligible for AMC’s A-list subscription plan, and the tickets are more expensive than usual, meaning that the theater chain — and Taylor — will be making an even bigger pile of cash than usual.

Movie success: Taylor's Eras Tour film has grossed a whopping $130million worldwide - filmed during one of the six of her sold-out shows at SoFi Stadium in Los Angeles (Pictured: in October 2023)

Movie success: Taylor’s Eras Tour film has grossed a whopping $130million worldwide – filmed during one of the six of her sold-out shows at SoFi Stadium in Los Angeles (Pictured: in October 2023)

Sprawling property empire 

Swift also has a real estate portfolio worth more than $150 million, including luxurious beachfront mansions and property worth $45 million in Tribeca, New York City, according to The Wall Street Journal. 

Among her properties, Swift owns several units in a luxury-condo building in Nashville, Tennessee. She first purchased a penthouse at the Adelicia building when she was 19 years old for $1.99 million.

The Bad Blood singer also owns an estate in Forest Hills, Tennessee – worth an estimated $8 million. 

In Watch Hill, Rhode Island, Taylor also owns a seven-bedroom, nine-bathroom beachfront property, which she reportedly bought through an LLC for about $17.75 million in 2013. 

The nearly 12,000 square-foot home is now valued at about $30 million.

In 2015, the pop megastar purchased the historic Goldwyn Mansion in Beverly Hills, California for $25 million. 

The estate was built by Samuel Goldwyn, a Hollywood producer who was part of the famous Metro-Goldwyn-Mayer film studio. 

Swift restored the 1930s mansion to its former glory, and was granted permission to have the home pipped as a historic landmark. 

Swift street: Taylor Swift's properties on Franklin Street in Tribeca, New York City, as well as owning a property three doors down at 155 Franklin, turning the street into a Swift mini city

Swift street: Taylor Swift’s properties on Franklin Street in Tribeca, New York City, as well as owning a property three doors down at 155 Franklin, turning the street into a Swift mini city

Luxury kitchen: An interior view of a kitchen of singer Taylor Swift's town house in New York - where the monthly rent is $40,000 or nearly half a million dollars a year

Luxury kitchen: An interior view of a kitchen of singer Taylor Swift’s town house in New York – where the monthly rent is $40,000 or nearly half a million dollars a year

Lucrative endorsement deals 

According to Investopedia, Taylor has entered into partnerships throughout her career with major brands, such as; Coca-Cola, CoverGirl, Keds, AT&T, Target, and Sony Electronics. 

Swift has appeared in many advertising campaigns for the brands across print, television, and digital platforms.

Coca-Cola coins: Taylor (Pictured: in 2009) entered into partnerships throughout her career with major brands, such as; Coca-Cola, CoverGirl, Keds, AT&T, Target, and Sony Electronics

Coca-Cola coins: Taylor (Pictured: in 2009) entered into partnerships throughout her career with major brands, such as; Coca-Cola, CoverGirl, Keds, AT&T, Target, and Sony Electronics

Finance-savvy father 

Taylor’s financial success could also be attributed to the direct influence from her father, Scott Swift. 

Scott is a longtime Merrill Lynch (a Bank of America company) employee whose registered investment adviser The Swift Group is based in the family’s hometown of Wyomissing, Pennsylvania. 

A disclosure with the Securities and Exchange Commission lists him as linked to 10 companies affiliated with his daughter, according to Bloomberg. 

This includes merchandising and rights-management businesses and entities that own her tour bus, two private jets and real estate.

Proud parents: (L-R) Scott Swift, Taylor Swift and Andrea Swift attend the 48th Annual Academy of Country Music Awards in Las Vegas in 2013

Proud parents: (L-R) Scott Swift, Taylor Swift and Andrea Swift attend the 48th Annual Academy of Country Music Awards in Las Vegas in 2013

Gainesville Felon Gets 46 Months for Drug, Gun Offenses

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By Editorial Staff

In Gainesville, Florida, 20-year-old DaMorie Lamontay Miles has been handed a federal prison sentence of nearly four years for possessing marijuana with the intent to distribute and dealing with an unregistered firearm. This legal action was confirmed by John P. Heekin, the U.S. Attorney for the Northern District of Florida.

U.S. Attorney Heekin remarked on the case, underscoring its significance as another triumph for the Department of Justice. He reaffirmed the commitment made by former President Donald J. Trump and Attorney General Todd Blanche to leverage federal authority to ensure safe and drug-free communities for America’s citizens.

The Arrest and Subsequent Charges

Miles found himself in legal hot water following his arrest on September 3, 2025, in Gainesville. Arrested on state charges, he was accused of selling marijuana close to a school and operating a location for drug sales, activities uncovered during a house arrest when authorities executed a search warrant on his residence. Further complicating his legal troubles, Miles faced additional charges including attempted premeditated murder, shooting into a dwelling, and conspiracy to commit murder. These charges arose after local police alleged that he had directed two juveniles to fire into an occupied home.

Court records reflect that the defendant was communicating via text message and social media with others to buy and sell marijuana and to obtain a machine gun conversion device (MCD). The MCD and 600 grams of marijuana were found when the search warrant was executed at his residence.

“Our goal is to make Gainesville a safer place, and that means keeping dangerous drugs and illegal firearms out of the hands of those who would use them to harm others,” said Gainesville Police Chief Nelson Moya.

Miles’ sentence will run consecutive to another state sentence involving the possession of a controlled substance without a prescription and the possession of a weapon or ammunition by a Florida delinquent.

The case involved an investigation by the Bureau of Alcohol, Tobacco, Firearms, and Explosives and the Gainesville Police Department. The case was prosecuted by Assistant United States Attorney Christie S. Utt.

Storms Leave NW Indiana Dark; Power Outages to Last Days

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GARY, Ind. (WLS) — Efforts to restore electricity are underway across Northwest Indiana, yet officials warn that some areas may remain powerless for several more days.

It’s been over a week since severe storms wreaked havoc, cutting off power and leaving several counties in a precarious situation.

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NIPSCO has announced that areas including Gary should see their power restored by Tuesday.

The utility company reassures that they are diligently working to restore electricity as quickly as possible.

Yet, this offers little consolation to the thousands who have endured days without power, growing increasingly frustrated with the situation.

“We have no gas, no restaurants, no power. Now, we had to throw away everything at all refrigerators. And night is like Gotham City. You can’t see anything,” Gary resident Brittany Bankhead said.

SEE ALSO: Track power outages in your area with the ABC7 Chicago Power Outage Tracker

NIPSCO said more than 38,000 Gary customers were impacted by the August 11 storms.

The utility said before repairs could begin crews conducted an extensive damage assessment that included surveying 2,000 miles of power lines while dispelling claims on social media that restoration work is related to race or socioeconomic status.

“These aren’t simple repairs. These are lines that ordinarily take us, and systems that ordinarily take weeks or months that we are trying to accomplish in days or weeks,” NiSource Group Utilities President Melody Birmingham said.

Meanwhile people said the community is coming together and helping one another until the lights come back on.

Relief efforts continue in East Chicago.

Several groups are teaming up for a food giveaway at Greater Destiny Bible Church.

The food pantry runs from 9 a.m. until noon.

Then, a free community cookout runs from noon to four.

Other food giveaways are happening Thursday.

One starts at 8 a.m. at the Calumet Township Multi-Purpose Center in Gary.

Another begins at noon at Gospel Truth Apostolic Ministry in Gary.

And a third starts at 4 p.m. at Portage High School.

Copyright © 2026 WLS-TV. All Rights Reserved.

Release Date for the Upcoming Episode of ‘The Shards’ Revealed

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If there’s one thing more puzzling than the enigma of the Trawler in FX’s The Shards, it’s cracking the code of the show’s release schedule!

Seriously, here’s the deal: The first two episodes of The Shards debuted simultaneously on Wednesday, August 5. A week later, episodes 3 and 4 appeared on FX and Hulu. Naturally, you’d expect another two episodes last night, right? Wrong. Instead, just a single episode — The Shards Episode 5, ominously titled “Murder on the Dancefloor,” aired at 9 PM ET on FX and Hulu on Wednesday, August 19.

So, what’s going on? Honestly, your guess is as good as ours. Unlike the fictional Bret Easton Ellis (played by Igby Rigney) in The Shards, we aren’t cut out for detective work, even if Joan Didion’s The White Album is always on our reading list.

That said, we do have the scoop on the upcoming episodes. Wondering when to catch the next installment of The Shards on FX and Hulu? We’ve got you covered…

How Many Episodes are in The Shards?

The Shards consists of 9 episodes in total, with fresh episodes premiering each Wednesday from now until September 9.

When Does The Shards Episode 6 Come Out? The Shards Episode 6 Release Date:

The Shards Episode 6 “Homecoming Part One” will come out on FX and Hulu on Wednesday, August 26.

Fun fact! The Shards Episode 7 “Homecoming Part Two” will also come out next week, Wednesday, August 26, on FX and Hulu.

The kids in 'The Shards' Episode 5

Photo: FX

What Time Do New Episodes of The Shards Come Out?

New episodes of The Shards come out at 9 PM ET (or 6 PM PT) on FX and Hulu.

That means both The Shards Episodes 6 and 7 will be available to stream on Hulu at 9 PM ET on Wednesday, August 26.

When Do New Episodes of The Shards Come Out? The Shards Episode Guide

Utterly confused by when new episodes of The Shards come out on FX and Hulu? Here’s your Shards episode guide, so you don’t miss a second of the seedy action:

  • The Shards Episode 1 “Pilot”: Wednesday, August 5

  • The Shards Episode 2 “Don’t You Want Me”: Wednesday, August 5
  • The Shards Episode 3 “Help Me! Rhonda!”: Wednesday, August 12
  • The Shards Episode 4 “Robert’s Party”: Wednesday, August 12
  • The Shards Episode 5 “Murder on the Dancefloor”: Wednesday, August 19
  • The Shards Episode 6 “Homecoming Part One”: Wednesday, August 26
  • The Shards Episode 7 “Homecoming Part Two”: Wednesday, August 26
  • The Shards Episode 8 “Hamlet”: Wednesday, September 2
  • The Shards Episode 9 “Stairway to Heaven”: Wednesday, September 9
  • Homer Gere in 'The Shards' Episode 5

    Photo: FX

    How to Watch The Shards:

    Don’t have FX or cable? No problem! You can stream The Shards on Hulu. Don’t have Hulu?

    If you’re new to Hulu, the basic (with ads) price is $11.99/month. If you want to upgrade to Hulu ad-free, it costs $18.99/month.

    If you want to stream even more and save a few bucks a month while you’re at it, we recommend subscribing to one of the Disney+ Bundles, all of which include Hulu. These bundles start at $12.99/month for ad-supported Disney+ and Hulu and goes up to $32.99/month for Disney+, Hulu, and Max, all ad-free.

    The-Shards-Cast

    Pari Dukovic/FX

    The Shards Cast Guide: Kaia Gerber, Homer Gere, and More

    The cast of The Shards includes Vogue cover models, Tony award-winning producers, and actors you’ve seen before in projects like Midnight Mass, Yellowstone, Wednesday, The English Teacher, and Westworld.

    Who plays who in The Shards? Here’s your Shards cast guide:

    • Igby Rigney as Bret Easton Ellis

  • Kaia Gerber as Susan Reynolds
  • Homer Gere as Robert Mallory
  • Hayes Warner as Debbie Schaffer
  • Graham Campbell as Thom Wright
  • Wes Bentley as Terry Schaffer
  • Evan Rachel Wood as Liz Schaffer
  • Jordan Roth as Steven Reinhardt
  • Owen Painter as Matt Kellner
  • Daniel Dale as Ryan Vaughn
  • Ivy Wolk as Really Rhonda
  • Rising Maintenance Costs Challenge Sussexes at Montecito Residence

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    Experts suggest that Prince Harry and Meghan Markle might need to part with their Montecito estate following the announcement of their plans to return to the UK.

    The Duke and Duchess of Sussex are making headlines again with their decision to move back to Britain, having moved to California in 2020 after stepping away from their royal responsibilities.

    In a surprising twist, reminiscent of their original royal departure, they intend to settle in a private residence outside of London. Importantly, their children, Prince Archie and Princess Lilibet, are expected to start attending a school in the UK.

    Currently, there appear to be no hints of Harry and Meghan resuming their duties as working royals, implying they will continue to live as ‘financially independent’ private citizens.

    Their move from the US has left many speculating about the fate of their luxurious $14.65 million Montecito home. Additionally, they own a stunning villa worth £6.3 million along Portugal’s serene Melides coast.

    Harry and Meghan bought their sprawling nine-bedroom home in Montecito from Russian tycoon Sergey Grishin on June 18, 2020.

    The 14,563-square-foot home, known as ‘The Chateau’, sits on 5.4 acres of land and boasts a swimming pool, a tennis court and immaculate gardens.

    But a Santa Barbara real estate source has told the New York Post there ‘have been rumblings’ the couple will now sell it. Astonishingly, it costs more than $650,000-a-year in mortgage costs and taxes alone, the US outlet reports.

    The Daily Mail previously reported that Harry and Meghan bought the luxury property after securing a $9.5million mortgage, implying that they made a down-payment of more than $5million.

    Prince Harry and Meghan Markle may be forced to sell their Montecito mansion after announcing their sensational return to the UK

    Prince Harry and Meghan Markle may be forced to sell their Montecito mansion after announcing their sensational return to the UK

    Harry and Meghan bought their sprawling nine-bedroom home in Montecito from Russian tycoon Sergey Grishin on June 18, 2020

    Harry and Meghan bought their sprawling nine-bedroom home in Montecito from Russian tycoon Sergey Grishin on June 18, 2020 

    Meghan and Harry have since bought a sprawling nine-bedroom and 16-bathroom mansion (above) in upscale Montecito, Santa Barbara, for $14.65million on June 18, making them neighbors with celebrities Oprah Winfrey and Ellen DeGeneres, according to DailyMail.com

    The home was built in 2003. The estate has sweeping lawns, tiered rose gardens, tall Italian cypress trees, blooming lavender, century old olive trees, a tennis court, tea house, children’s cottage and a pool

    At typical interest rates, the couple would likely be paying around $40,000 a month or $480,000 a year in order to repay the mortgage on a standard 30-year term.

    County tax history obtained by The Post shows that the bill has increased every year the Sussexes have lived there, from $138,629 to $141,645, then $144,229, $146,930 before this year’s $149,668.

    That means Harry and Meghan have spent around $721,000 in property taxes alone.

    Adding insurance and maintenance of the grounds, the couple are said to be spending more than $650,000 a year before taking into account the cost of security.

    The Daily Mail previously reported that the Sussexes had hired $9,000-a-day security firm GDBA to protect them in Los Angeles.

    If GDBA were hired for 365 days a year at that rate, Harry and Meghan would be left with a $3.3million bill for security alone.

    ‘I cannot imagine ever wanting to let go of this beautiful piece of property, but hanging onto it comes at a steep cost, so they might have to,’ a source told the Post.

    ‘It likely will be a few months before they list, or maybe they will give the UK a year first to see how that plays out,’ the source added. ‘But if they do decide to plant roots in the UK, I don’t see a world where they will keep this home.’

    When Harry and Meghan stepped down as working royals, they became ‘members of the Royal Family with financial independence’. 

    Before doing so, 95 per cent of their income was generated through the Duchy of Cornwall, with the other 5 per cent covered by the Sovereign Grant. They are no longer entitled to this and they must fund their security themselves. 

    The Sussexes and other high-profile claimants also face paying millions towards the legal costs of the Daily Mail publisher Associated Newspapers after they lost their doomed phone hacking case.

    Associated said its costs are around £34million.

    Leading luxury real estate broker Jason Streatfield has estimated that Harry and Meghan could list the mansion for as much as $75million.

    He said there have been three sales in Montecito above $50million this year. 

    When the Sussexes bought it for $14.75million in 2020, it had been on the market for five years at an original listing of $34.5million.

    After getting a cut-price deal on it, they could now rake in millions, according to Mr Streatfield. He expects it to be sold for somewhere between $65 and $75million. 

    The house has nine bedrooms, 16 bathrooms and sits on 5.4 acres of land with immaculately clipped hedges bordering the estate’s stone-pillared entry gates.

    Property listings say the home took nearly five years to build and included a library, office, spa with a separate dry and wet sauna, a gym with a stripper pole, game room, arcade, theatre, wine cellar and five-car garage.

    The estate has sweeping lawns, tiered rose gardens, tall Italian cypress trees, blooming lavender, century-old olive trees, a tennis court, tea house, children’s cottage and a pool. It also boasts a two-bedroom, two-bath guest house.

    Since becoming ‘financially independent’ from the Royal Family, Harry and Meghan have tried multiple ways of forging their own brands and income.

    In 2020, they signed a reported $100million deal with Netflix through their Archewell brand. This included With Love, Meghan, the lifestyle series where the Duchess of Sussex cooked with her celebrity friends.

    Meghan also launched her Archetypes podcast with Spotify, but their $20million deal ended on bad terms when the royal couple were called f***ing grifters’ by an executive at the streaming service.

    Harry, meanwhile, signed a major book deal for his memoir Spare, where he sparked a major backlash for revealing explosive details about his family, and Meghan continues to sell jams and other lifestyle products through her As Ever brand.

    Tom Garcia-Bridgeman, a PR consultant at Rhizome Media Group, told the Daily Mail: ‘The book deals, Netflix documentaries and product launches were supposed to establish the couple as a global brand independent of the royals, but their return to the UK may suggest that approach hasn’t worked, or at least a rethink has happened.

    ‘The American dream promised an opportunity to forge an entirely new identity outside the Royal Family, yet years later it is still their connection to the monarchy that generates the greatest global interest.

    ‘Meghan still needs to use her Duchess of Sussex branding to sell blackberry jam and candles.’

    He added: ‘The biggest PR risk is appearing to want the benefits of royalty without the sacrifices. If they lean on royal associations heavily while remaining commercially independent, critics will revive the “half-in, half-out” argument.

    With Harry and Meghan’s finances under scrutiny, tax experts have weighed in on the timing of their move back to the UK.

    Nimesh Shah, CEO of Blick Rothenberg, said: ‘Good to see Harry and Meghan achieve 6 full tax years of non-UK residency to manage the “temporary non-resident” rules for capital gains tax. They have clearly had some good tax advice and the timing of their move back to the UK is immaculate.’

    Dhana Sabanathan, a leading partner at law firm Michelmores, added that ‘staying away a bit longer would have given them a much better tax result’.

    ‘If they had remained non-UK tax resident for 10 consecutive tax years before returning, they could have enjoyed relief on their non-UK income and gains for the first four years of their return. Staying away for 10 years could have also enabled Harry to protect his non-UK assets from inheritance tax.

    ‘The pattern we are seeing are expats who have been long term in the US, raised families, and established successful businesses there, relishing the opportunity to return or spend more time in the UK without bearing the full brunt of UK tax on their worldwide assets for a period of time.

    ‘US citizens remain subject to subject to worldwide US taxation even when they leave the US. There have been no public reports of Harry obtaining US citizenship, so his tax affairs are likely to be simpler than Meghan’s on his return.’

    Prince Harry speaks at a roundtable event about support for veterans in Washington last night

    Prince Harry speaks at a roundtable event about support for veterans in Washington last night

    Harry chats with fellow red-haired veteran William Bringer at last night's event in Washington

    Harry chats with fellow red-haired veteran William Bringer at last night’s event in Washington

    The Duke of Sussex in Washington yesterday during discussions about supporting veterans

    The Duke of Sussex in Washington yesterday during discussions about supporting veterans

    Harry in Washington yesterday with Sarah Verado from non-profit The Independence Fund

    Harry in Washington yesterday with Sarah Verado from non-profit The Independence Fund

    It comes as it emerged King Charles was only told by his son on Sunday that he plans to move back to the UK later this month, while the Prince and Princess of Wales have also been informed.

    It is understood that while he ‘welcomes’ the chance to see Harry and his family in a private and personal capacity, the King is clear that there will be ‘no alteration’ to the Duke and Duchess’s role and status as private individuals and non-working members of the Royal Family in keeping with their ‘clearly expressed wishes and agreement over past years’.

    Sources insist, however, it is not in the Sussexes’ ‘plan’ to return to the royal fold. The Daily Mail also understands that no mention of the family’s return was raised or discussed when Harry, Meghan and their children met with the King at Highgrove earlier this summer.

    Last night Harry was pictured broadly smiling at a roundtable event in Washington discussing increased support for veterans.

    Harry was already scheduled to visit Britain to attend a WellChild Awards event next month and was set to stay in a room at Buckingham Palace.

    But the Duke, 41, and Duchess, 45, no longer require accommodation for their stay with the whole family believed to be returning for an extended period within the next two weeks.

    Archie and Lilibet will be enrolling at a school in September but it is not yet known whether the move will be a permanent one. The location of Harry and Meghan’s new home has not been revealed for privacy reasons.

    Harry and Meghan’s representatives have been approached for comment. 

    Suspended Sydney Swans Players Speak Out: Acknowledging Failures to Partners and Families

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    After being embroiled in a controversy linked to a sexual assault investigation, the five Sydney Swans AFL players who were temporarily removed from the team have finally broken their silence.

    “We want to express our sincere apologies to everyone affected,” stated a heartfelt message shared on the Sydney Swans’ official website, attributed to the group of players.

    “We understand that we have disappointed our partners, families, club members, loyal supporters, teammates, the AFLW team, our corporate partners, and everyone affiliated with the Club and the broader community.”

    “We accept the sanctions imposed by the Club and regret the distress and disruption our actions have caused.”

    Previously, Andrew Pridham, chairman of the Sydney Swans, issued an apology to fans and corporate partners, addressing the inappropriate behavior exhibited by the players.

    But he did not apologise to the women affected in the incident, confirming the club had made no contact with them as it was a “police matter”.

    Pridham and Sydney Swans CEO Matthew Pavlich fronted media on Wednesday afternoon, hours after the club confirmed Riley Bice, Nick Blakey, Isaac Heeney, James Jordon and Chad Warner would not be considered for selection for the remainder of the season, including the finals.

    The sanctions follow an incident at the Pullman Hotel in East Melbourne that is being investigated by Victoria Police as an alleged sexual assault.

    Five players were linked to the investigation and have not been arrested or charged.

    It is not suggested the five players have been accused of sexual assault.

    However, they said the sanctions were in response to their own “standards breach” — including staying out late, drinking, and “bringing women back to the hotel” — and independent of the Victoria Police investigation.

    No contact with the women affected

    Asked directly whether the club had apologised to the women involved, Pavlich said the club would not be reaching out.

    “It’s a police matter, so we’re not going to interfere with that by reaching out to them,” Pavlich said on Wednesday afternoon.

    “We are deeply concerned about their welfare and the wellbeing of those women and we offer as much support as we can.”

    But Pridham’s own apology, delivered at the top of the press conference, was directed elsewhere.

    He offered a “sincere apology to the community, to our many fans, our corporate partners, who’ve been amazingly supportive of us and understanding that we are attempting to deal with this matter as quickly as we can, as honestly as we can”.

    He did not mention the women affected.

    Pavlich said the club’s AFLW team — who play a double-header alongside the men’s side this weekend — were “deeply disappointed” by the incident and that “their welfare is of the utmost importance to us”.

    The ‘standards breach’ behind the sanctions

    The club reached the sanction through its own internal process, including interviews with five players and other parties, Pavlich said.

    He detailed the standards breach: “It was staying out late, it was drinking, it was continuing to continue their night, it was bringing women back to the hotel.”

    A composite of the five Swans players stood down.

    “It was a long way short of what we expect of our players and we’re holding them to a really high standard,” he said, adding that there was no imposed curfew on the players.

    Reporters suggested that other players and staff had also been drinking after the match, but Pavlich said he had “no issue with them at all”, referring to a larger group of coaches, physios and players who had gone out drinking.

    The five players will remain part of the football club and welcome to use facilities.

    Asked about language he’d used earlier in the week, which described the players as having “found themselves” in the situation, Pavlich said he had been trying to “take ownership” of the process and “get on the front foot”.

    Pridham called it a “very significant sanction”, noting the club was willing to remove five of their “absolute best players” from finals contention.

    “To deny those five players and the rest of their teammates and everyone else involved — the fans — the ability to compete on a level playing field in the finals, we felt was a very, very significant consideration,” he said.

    “I hope it demonstrates that we’re not trying to brush anything under the carpet.”

    Matthew Pavlich and Andrew Pridham standing next to each other. Pridham is speaking.

    Asked how serious the underlying allegation was, Pridham said the club was only addressing the breach of standards, not the substance of the police matter.

    ‘Proud of our culture’

    Pridham repeatedly defended the club’s culture.

    “We’re very proud of our culture that we’ve built over many, many years at the club. We get more right than we get wrong,” he said.

    “Clearly, this is a very sad day for us and for everybody involved.”

    “I know that the five players involved — they’re extremely remorseful for their actions and having breached the club’s standards.”

    Asked what changes the club would make to address respect towards women, Pridham said the men’s team had “by and large” shown “complete respect for women”.

    “I don’t think that’s something of concern,” he said, adding that, “in time”, they will review if any changes need to be made.

    Victoria Police investigation ongoing

    Victoria Police attended the Pullman Hotel in East Melbourne on Monday to investigate a sexual assault report made in the early hours of the morning.

    The club’s board held a snap meeting on Tuesday night to determine sanctions after concluding interviews with the players involved, saying they were in “serious breach of expected club behaviour and standards”.

    “The Club also acknowledges that these serious allegations impact others and their wellbeing must be paramount.

    “The Sydney Swans condemn all forms of abuse and disrespectful behaviour towards women.”

    AFL CEO Andrew Dillon said the incident raised “broader issues for our game and our responsibilities as a sport”.

    “The woman who made the report to police is entitled to privacy and care, and that should be respected,” Dillon said in a statement on Tuesday evening.

    “Sexual assault allegations are serious, regardless of who is involved, what time of year it is, or what they may mean for a season.”

    Dillon said the AFL and the Swans would “consider the broader conduct of the players as more information comes to light”.

    The AFL released a statement on Wednesday afternoon indicating the players would no longer be eligible for selection in the upcoming 2026 All Australian squad.

    Victoria Police said on Tuesday that it was investigating the incident.

    “The exact circumstances are yet to be established and the investigation into the incident remains ongoing,” it said.

    “Police spoke to a number of people at the hotel, however no one has been arrested or formally interviewed at this time.”

    If you or someone you know is impacted by sexual assault, call 1800RESPECT on 1800 737 732, text 0458 737 732, or visit 1800RESPECT.org.au. In an emergency, call 000.


    Unexpected Surprises Unfold on School Visit to Mamdani’s Socialist Supermarket

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    In a bold, albeit controversial move, New York City Mayor Zohran Mamdani has unveiled plans for a series of government-operated grocery stores—the aim being one market for each of the city’s five boroughs. The ambitious project, branded by critics as a “taxpayer-funded socialist supermarket experiment,” is struggling to gain traction as anticipated.

    The reality? Less than promising.

    On Wednesday, an entourage of hopeful sellers descended upon Harlem for what was intended to be a showcase of progress. Clad in hardhats and high-visibility vests, they prepared for a tour of a buzzing construction site, eager to see this vision of state-run retail take shape.

    Instead, they found an underwhelming sight: an empty parking lot bereft of any construction activity. Litter scattered across the deserted space underscored the absence of development, offering little to suggest that Mamdani’s ambitious grocery project was on the brink of materialization.

    The tour devolved into an unimpressive visit to an East Harlem lot, where city officials hoped to demonstrate the impending value of Mamdani’s proposed $30 million grocery venture. Instead, they faced a landscape strewn with disappointment, underscoring the skepticism surrounding the initiative.

    The bidders wore hardhats on the city Economic Development Corporation-led tour to the under-the-Metro-North viaduct site next to La Marqueta, despite no work actually being done yet.

    The vendors didn’t seem one bit impressed by what they saw, with some voicing doubt about participating in Mamdani’s scheme. Others left the door open, but there are conditions that need to be met. 

    “We are very cautiously optimistic about this potential project and what this potential project means to the community and food deserts,” said Phillip Grant, founder and CEO of business consulting firm Phillip Grant & Associates. 

    “It has to be a full, transparent partnership. We also have to get the public involved. There’s other things we have to think about: market forces, transportation, weather. So we have to ensure whatever model an operator like myself or a group that we put together build, that it can be flexible enough to adapt to those concerns.”

    One local reporter who tagged along on the field trip talked to one prospective vendor who said he was happy that the mayor was doing something about rising food prices, but said he wouldn’t like to be put in the position of competing with the government-run stores.

    Of course he wouldn’t. 

    Private grocers and bodegas have to cover expensive things like rent, property taxes, payroll, utilities, insurance, and the full cost of their inventory; they then price their goods to cover those costs and maybe make a profit. Mamdani’s Socialist Safeways, by contrast, would have their costs absorbed or subsidized by taxpayers, allowing them to price their wares low and force competitors out of business. 

    The mayor’s office is trying to ease the fears of Big Apple grocers by promising them – via the “lead official for Mayor Mamdani’s NYC Groceries” – that there will be taxpayer money and free stuff for them, too. Everyone gets a handout!

    This vow by the city to “come alongside” them doesn’t seem to be easing the minds of immigrant-owned grocery stores. A coalition of them plan to sue to stop the city from using taxpayer dollars to bankroll competitors that can offer artificially low prices while avoiding the costs private grocers have to absorb to keep their doors open.

    That empty lot strewn with garbage is an apt metaphor for Mamdani’s grocery scheme: a socialist dream with a big price tag and not much reality underneath it.

    Editor’s Note: New York City is now facing the consequences of Mayor Zohran Mamdani’s socialist takeover.

    Help us continue to report on his radical policies and expose the Democrats who support him. Join RedState VIP and use promo code FIGHT to receive 60% off your membership.

    Colorado Black Bear Found Deceased After Getting Trapped in Unlocked Car

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    In a distressing incident in Colorado, a black bear met a tragic end after spending several days trapped inside a vehicle. In its desperate attempt to break free, the bear wreaked havoc on the car’s interior before it was discovered lifeless.

    Weighing approximately 300 pounds, the bear likely endured its ordeal for multiple days before being found in Colorado Springs. This unfortunate discovery was reported by The Denver Gazette, shedding light on the challenges wildlife face in developed areas. Read more here.

    Travis Sauder, a wildlife officer with Colorado Parks and Wildlife (CPW), explained to The Gazette that bears often have the intelligence and nimbleness required to open unlocked car doors during their search for food. However, they can frequently find themselves in a predicament if the door shuts behind them.

    “Usually, these bears open the door, get their food, and exit,” Officer Sauder noted. “But in some cases, the door closes, leaving them bewildered and unable to find their way out.”

    A black bear trapped inside a damaged vehicle in Colorado Springs, Colorado

    A black bear discovered trapped inside a vehicle in Colorado Springs illustrates the ongoing interaction between wildlife and urban settings. (Colorado Parks and Wildlife)

    The deadly encounter comes as Colorado experiences an unusually active year for bear sightings and conflicts.

    CPW received 6,129 reports of bear sightings and conflicts between Jan. 1 and Aug. 13, nearly double the 3,115 recorded during the same period last year, according to The Gazette.

    The number has already surpassed the 5,299 reports recorded during all of 2025.

    Wildlife officials have linked the increase in encounters to poor natural food conditions. Low snowpack and late freezes have reduced some of the food sources bears typically rely on, pushing the animals to travel farther and take greater risks in search of calories, Sauder told the newspaper.

    The timing adds to the concern as bears enter hyperphagia, the period when they consume large amounts of food and water to build fat reserves ahead of winter.

    Shattered glass, torn seats and damaged panels inside a vehicle where a black bear became trapped

    The interior of a vehicle is heavily damaged after a black bear became trapped inside in Colorado Springs, Colo. (Colorado Parks and Wildlife)

    CPW advises people living in bear country to eliminate potential food sources and other attractants that can bring bears close to homes, campsites and vehicles.

    Food, trash and scented items can draw bears searching for an easy meal. CPW advises keeping vehicles clean and removing anything that could attract a bear, including food and other scented products.

    “Treat your vehicle the way you would a campsite by removing any attractants,” Sauder told The Gazette. “Whether it’s pet food, a kid’s snack or even flavored bubble gum, get it out of your vehicle.”

    CPW also warns against intentionally feeding bears. Bears that become accustomed to food provided by people can lose their natural fear of humans, increasing the risk of conflicts.

    A Colorado Springs vehicle with shattered windows and extensive interior damage after a bear became trapped inside

    A vehicle’s interior was left heavily damaged after a black bear became trapped inside in Colorado Springs. (Colorado Parks and Wildlife)

    This year is on pace to produce the highest number of reported bear-human interactions since CPW began digitally tracking them in 2019, according to The Gazette.

    CPW did not immediately respond to News Media’s request for comment.

    Breaking Barriers: Students Empowered to Pay College Tuition with PayPal and Venmo

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    A new trend in higher education is emerging, as some universities have started accepting tuition payments via PayPal and Venmo, making the process potentially simpler for students and their families.

    Bellarmine University, Butler University, Kansas State University, Michigan State University, and Texas Tech University are among the pioneering institutions to embrace these digital payment options. More universities are anticipated to adopt this practice as the year progresses.

    While these payment methods offer convenience, they may also come with transaction or processing fees. The fees can vary depending on the university and the specific funding methods employed.

    These digital payment options are being integrated through several campus payment systems, including Illumia, Nelnet Campus Commerce, and TouchNet. These platforms are responsible for handling tuition payments for universities nationwide.

    “A modern tuition payment experience has to work for both sides of the transaction,” stated Don Smith, Illumia’s senior vice president and general manager of integrated payments, emphasizing the need for a seamless payment process.

    “Students and families want the flexibility to use payment methods that fit how they manage their money, while institutions need those options to work within the systems and processes their teams already rely on. This integration helps schools expand choice in a practical way, improving the payer experience without creating a disconnected path for campus teams,” Smith added.

    PayPal and its Venmo subsidiary have aimed to further expand their presence in higher education over the last year, offering student-athletes the opportunity to receive institutional revenue-share payments through their platforms. Venmo also expanded its presence on college campuses through NIL partnerships with student athletes, college-branded cards, student ambassadors and gameday activations.

    The digital payment systems are already used by many students and families for daily money transfers, including purchasing groceries, splitting rent and sending money to friends and family.

    “Tuition is one of the biggest payments a family will make, and it should come with the same flexibility and security that millions of people already count on PayPal and Venmo for every day,” Frank Keller, President of Checkout Solutions and PayPal, said in a statement.

    “That’s why we’re proud to bring that same choice and protection into the reliable systems schools have already built.”

    The companies said PayPal and Venmo use security measures including encryption and fraud monitoring. Consumer regulators, however, have cautioned that money stored in nonbank payment apps may not carry the same deposit-insurance protections as funds held directly in a federally insured bank or credit union.

    Certain eligible PayPal and Venmo balances may qualify for pass-through FDIC insurance when funds are placed at PayPal’s program banks, which currently include Goldman Sachs Bank USA, Wells Fargo Bank and JPMorgan Chase Bank. Not all PayPal or Venmo balances qualify for the coverage.

    But FDIC pass-through insurance “protects against the failure of a Program Bank, not the failure of PayPal. PayPal is not a bank, does not take deposits and is not FDIC insured,” PayPal said in a statement.

    Dior Executive Mathilde Favier Remembered Fondly by Her Children Following Her Passing

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    For the first time, the children of Mathilde Favier have spoken out about the untimely passing of their mother, who left the world at the age of 57.

    Favier, who served as the public relations director for Christian Dior Couture, tragically lost her life in a car crash in Western France. The accident also claimed the life of her partner, the 61-year-old film producer Nicolas Altmayer, earlier this week.

    On Wednesday, her children, Heloise Agostinelli, 27, and Carlo Agostinelli, 25, expressed their profound grief and shared touching memories of the close relationship they shared with their mother.

    “Words can’t describe the agony I’m feeling. My mom was everything to me. My world shattered the moment she left us,” Heloise shared in an emotional message on her Instagram Stories.

    She continued to express gratitude, “Thank you for all your beautiful and heartfelt messages. I’m feeling overwhelmed and unable to respond to everyone. I hope this nightmare ends soon. Life feels cruel and unjust.”

    She added in French, ‘I love you mom, my moon, my whole life. Rest in peace, my eternal angel.’ 

    Mathilde Favier's children, Heloise Agostinelli, 27, and Carlo Agostinelli, 25, have broken their silence following her shock death at 57

    Pictured with her son in an Instagram snap

    Mathilde Favier’s children, Heloise Agostinelli, 27, and Carlo Agostinelli, 25, have broken their silence following her shock death at 57

    Favier, the director of public relations at Christian Dior Couture, passed away in a car accident in Western France, alongside her partner, film producer Nicolas Altmayer, 61, on Monday

    Favier, the director of public relations at Christian Dior Couture, passed away in a car accident in Western France, alongside her partner, film producer Nicolas Altmayer, 61, on Monday

    Heloise also posted a childhood snap of her and her mother in a swimming pool.

    Carlo shared a poignant tribute on his Instagram, writing, ‘Maman, My heart aches and my brain is foggy. None of this makes sense, and I struggle to understand how any of it ever will.’

    ‘You were the incarnation of life, the definition of joy, and so much more than words could ever do justice. You loved and were loved more deeply than I think any of us will ever be able to understand.’

    He went on: ‘Life works in such unpredictable and mysterious ways, but as you always taught me, trust life’s plan, trust destiny, and let the rest take care of itself.’

    He then thanked his mother for ‘being such an incredible role model. Thank you for instilling in me the values that will remain at the core of who I am forever.’

    ‘Thank you for being the definition of what a mother should be and so much more. You were our superhero, and you always will be. I am strong because you taught me to be.’

    Carlo added that the close-knit family will continue to support each other.   

    ‘Heloise is with me, and always will be. Your beloved family, your sisters, your mother, your nephews and nieces, and all the friends who loved you so deeply are together, holding each other close, and we always will be.’ 

    'I have no words to describe the pain I am in. My mom was my entire world. My life ended the day she took her last breath,' Heloise wrote on her Instagram Stories

    ‘I have no words to describe the pain I am in. My mom was my entire world. My life ended the day she took her last breath,’ Heloise wrote on her Instagram Stories

    Heloise also posted a childhood snap of her and her mother in a swimming pool

    Heloise also posted a childhood snap of her and her mother in a swimming pool

    Carlo also shared a poignant tribute on his Instagram, writing, 'Maman, My heart aches and my brain is foggy. None of this makes sense, and I struggle to understand how any of it ever will'

    Carlo also shared a poignant tribute on his Instagram, writing, ‘Maman, My heart aches and my brain is foggy. None of this makes sense, and I struggle to understand how any of it ever will’

    'You were the incarnation of life, the definition of joy, and so much more than words could ever do justice,' he shared

    ‘You were the incarnation of life, the definition of joy, and so much more than words could ever do justice,’ he shared

    'Thank you for being the definition of what a mother should be and so much more. You were our superhero, and you always will be. I am strong because you taught me to be'

    ‘Thank you for being the definition of what a mother should be and so much more. You were our superhero, and you always will be. I am strong because you taught me to be’

    He also shared several heartwarming photos with his mother, including a beachside embrace and a few childhood memories

    He also shared several heartwarming photos with his mother, including a beachside embrace and a few childhood memories

    One photo showed the mother and son duo having lunch

    One photo showed the mother and son duo having lunch

    Another showed Carlo giving Mathilde a kiss on the cheek

    Another showed Carlo giving Mathilde a kiss on the cheek

    There were also sweet snaps from his childhood

    There were also sweet snaps from his childhood

    ‘You spent your life surrounding us with love, and that love will keep us together now. You don’t need to worry about us, Maman. We will look after one another, just as you always looked after all of us. I will make sure of it.’

    Carlo went on to say that he will ‘carry every lesson’ his mother taught him for the rest of his life.  

    ‘I’ll make it my life’s work to live in a way that will make you proud. I’ll make everything you gave me, everything you taught me, and every sacrifice you made count. That’s my promise to you and to the world.’

    He wrapped up his post writing, ‘Sleep well, Mamounette. I will love you forever, until we are reunited.’

    He also shared several heartwarming photos with his mother, including a beachside embrace and a few childhood memories. 

    Favier had Heloise and Carlo with her first husband Robert Agostinelli, a self-made billionaire who is chairman and co-founder of private equity firm Rhône Group.

    According to reports, Favier’s car collided with a ‘heavy goods vehicle’ while trying to pass another car.

    On Tuesday morning, Dior released a public statement remembering Favier as an ‘exceptional woman.’

    ‘Dior is deeply saddened to announce the accidental death of Mathilde Favier. In her role as Director of Public Relations, Mathilde Favier made an incredible contribution to the reputation of Christian Dior Couture through her commitment and elegance,’ the statement read.

    ‘She was an exceptional woman whose communicative joy, talent, and loyalty were exemplary.’

    According to reports, Favier's car collided with a 'heavy goods vehicle' while trying to pass another car; She is pictured with her partner Altmayer in November

    According to reports, Favier’s car collided with a ‘heavy goods vehicle’ while trying to pass another car; She is pictured with her partner Altmayer in November

    The statement also included a message from Dior’s CEO, Delphine Arnault, mourning the loss of a ‘loyal friend.’

    ‘Mathilde loved life with a passion. With the passing of Mathilde, Dior is losing an incredible professional, and I have lost a loyal friend,’ Arnault said.

    ‘Her optimism and courage commanded admiration. We will sorely miss her smile and her talent. I feel deeply saddened today; my thoughts are very much with her children, her mother, her sisters, her family, her many friends and her team she loved so much.’ 

    She had been at Dior for over 13 years after previously working at Glamour magazine and Prada.

    Altmayer was a prominent French producer who had worked on over 80 films.