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Sarah Ferguson Money Problems

February 11, 2012 by · Comments Off on Sarah Ferguson Money Problems 

Sarah Ferguson Money Problems, Sarah Ferguson, the Duchess of York, has come clean about the financial problems that have led some to dub her the “Duchess of Debt.”

Ferguson told the British magazine “Hello” that she owes 600,000 pounds — roughly $889,000 — after the collapse of her U.S.-based business, Hartmoor, a lifestyle company.

Ferguson said she started the company after meeting “someone who has masterminded the careers of several big entertainers,” but didn’t say who. She said she invested into Hartmoor all the money she earned from producing the film “The Young Victoria” and from her children’s book series.

The idea for the company, she said, “seemed fantastic” but Ferguson told the magazine that the reality proved far different.

“I could write a really interesting book about finance for women, and the first bit of advice I would give is never sign away your intellectual property. You won’t have any control over your own life. That’s what happened to me,” she said.

The company, she said, “spent money on offices and moving me into an apartment I didn’t need.”

“I wasn’t on the management team, I was an employee and an investor and yes, I am of course very disappointed and upset at what happened,” she said.

Sarah Ferguson

February 11, 2012 by · Comments Off on Sarah Ferguson 

Sarah Ferguson, Sarah, Duchess of York (Sarah Margaret; née Ferguson; born 15 October 1959) is a British charity patron, spokesperson, writer, film producer, television personality and member of the British Royal Family. She is the former wife of Prince Andrew, Duke of York, to whom she was married from 1986 to 1996. She is often popularly referred to as “Fergie”, a common nickname for people named Ferguson.

The Duchess is the younger daughter of Major Ronald Ferguson and Susan Barrantes (née Wright), both now deceased. Her children, Princesses Beatrice and Eugenie of York, are respectively fifth and sixth in the line of succession to the thrones of 16 independent Commonwealth realm states.

Sarah Margaret Ferguson is the second daughter of Major Ronald Ferguson and his first wife, Susan Mary Wright. Sarah’s older sister is Jane Ferguson Luedecke, a public relations executive now living and working in Australia. After Sarah’s parents divorced in 1972, her mother married polo player Hector Barrantesd and moved to Trenque Lauquen in the Argentine pampas. Sarah stayed at the 480-acre (1.9 km2) Dummer Down Farm at Dummer, Hampshire, her father’s home since age 8. Major Ferguson remarried and had three more children.

Sarah attended a senior boarding school that specialised in ballet. After finishing a course at Queen’s Secretarial College at the age of eighteen, Sarah went to work in a public relations firm in London. Later she worked for an art gallery, and then a publishing company.

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