Property tycoon who hobnobbed with Boris and drove a Rolls-Royce pleads poverty in court battle - News Summed Up

Property tycoon who hobnobbed with Boris and drove a Rolls-Royce pleads poverty in court battle


Mr Babaee told a court he sold his £150,000 Rolls-Royce Phantom Drophead, and now drives an electric Tesla. Property tycoon Kam Babaee pictured with Boris Johnson and ex-wife Roya Babaee. Ex-wife Roya Babaee. Described by the judge as a 'hard-headed' businessman, Mr Babaee has made a fortune from companies including the K10 property group. The judge said Mr Babaee, who according to his wife is renting an apartment in Knightsbridge for £90,000 a year, also owes Mrs Babaee £500,000 towards her court costs.


Source: Daily Mail September 27, 2019 21:01 UTC



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