Tamara Ecclestone’s beauty business is in the red. The 36-year-old heiress' business lost £22,916,004, according to accounting documents filed in November 2019 and seen by The Sun.
Tamara, who is the daughter of Formula 1 billionaire Bernie Ecclestone, is a major shareholder in company SBD International Ltd - with a 75 per cent stake in the business - and the mother-of-two is estimated to be worth £215million.
Despite the colossal losses, shareholders have agreed to provide financial support for at least the next year, reports claim.
The business - launched as Tamara Ecclestone Brands Ltd in 2010 before rebranding as SBD International Ltd in 2015 - retails several flashy items, such as a £55 hair perfume and a £155 Swarovski-jewel
Read more on mirror.co.uk