Sarah Ferguson $7 Million Debt
February 11, 2012 by staff
Sarah Ferguson $7 Million Debt, Duchess of York Sarah Ferguson has reportedly cleared out her pending debt with the money she earned from Oprah Winfrey’s show.
According to the New York Post, Fergie has been taping a reality TV series, Finding Sarah, for Winfrey’s OWN cable network, reports the Herald Sun.
And the show, now set to air sometime this summer, has helped the Duchess pay off a substantial portion of the $7 million debt hanging over her head.
She was caught on a hidden video camera trying to shake down a reporter posing as a business for $500,000 in exchange for meeting her ex-husband, Prince Andrew.
Since then, she has fired most of her staff and been counseled by Winfrey’s financial guru, Suze Ormond, about living within her means.
A spokesperson for Fergie said the Prince helped clear the debt but “there are a number of television and book projects in the pipeline this year, both in America and the UK, which will begin to bring in revenue.”
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