James Stunt Is Declared Bankrupt Even After He Promised To Sell Several Of His Cla s sic Artworks.
The gold tyc* * n James Stunt, who once enjoyed a lavish lifestyle with over 200 luxury cars, has now been unable to pay off his ma s sive debts totaling in millions of pounds. The decision will definitely be highly embarra s sing for James.
The 37 years old tyc* * n had promised to sell a host of artworks to pay his long list of creditors including a painting by Claude Monet that worth £2.1 million.
CAPTION: James Stunt SOURCE: thesun Likewise, the godson of Terry Addams will also sell £1.6 million painting by modernist painter Marc Chagall and two paintings by Camille Pissarro that values at £400,000 per piece.
The gold bullion dealer, who has been ordered to come up with funds in Aprils, has promised to sell his collection of fine wines that cost around £400,000.
Yesterday, a bankruptcy court in London revealed that the tyc* * n could not guarantee he would raise the money.
CAPTION: James Stunt SOURCE: The Sun The High Court reported that James faces debts an immediate of more than £5 million that includes an unpaid of £3.9 million to Christie’s auction house for a Pica s so piece.
As per the doc u ments, he faces a total debt of up to £14 million.
Talking about James’ debt, he is chased for a debt of £247,000 to Laurus Law who has worked for him during his divorce settlement from Miss Ecclestone back in 2017.
The further claims come from a gambling firm of more than £1million and £140,000 to his former bodyguards. He tried to pay them £10,000 with a cheque which later bounced.
However, James insisted saying:
I will not be going bankrupt, I’ll say that now.
James, who was born in Surrey, has time and again been on the headlines for being involved in controversies.
His relationship with crime boss Terry Adams whose family had been linked to 25 murders has made his name alive in the headlines.
James was previously married to Formula 1 heiress Petra Ecclestone and shares three children with her.
CAPTION: Petra Ecclestone and James Stunt SOURCE: whatsnew2da Ecclestone was granted divorce back in 2017 after a bitter legal fight over £5.5 billion fortune with the pair’s a s sets including Chelsea mansion that worth around £100 million and £158 million home in Los Angeles.
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