The celebrity offspring of this foreign born part-time reality star/full time a-hole are hiding his money for him.

They are also spending it like crazy.

Mohamed Hadid

Gigi Hadid, Bella Hadid, Anwar Hadid

Apparently, Yolanda Wouldn’t Buy Bella A Pair Of Louboutins In High School, Which She Said Had A Negative Impact On Her Growing Up

Now, not too long ago, Bella Hadid did an episode of Vogue’s Life in Looks series, where she goes through 15 of her past looks and talks about them:

One of the looks she talked about was this “casual” Cannes look from a few months ago:

In this segment, Bella talked about how “happy” this photo makes her since she didn’t have any designer clothes growing up:

“I never, growing up, had anything designer. My mom wouldn’t let me. I think I got my first pair of Louboutins when I graduated high school. It makes me emotional actually, because I’m so happy in this picture, for the first time in my whole adult life…I feel so good about myself, I felt beautiful…compared to [my younger self] she was so sad and [current me] is so content and happy.”

Now, there’s a lot to unpack, but before we dive in, lemme give you some background on Bella Hadid. Her father, Mohamed Hadid, is a real estate developer known for his properties all throughout Beverly Hills. Her mother, Yolanda Hadid, is a top model and star of Real Housewives of Beverly Hills.

Not to mention, she’s a direct descendant of Daher Al Omer, Prince of Nazareth and Sheik of Galilee. Casual. – Source

Wrecking Ball and $275 Million Price Cut Loom for L.A. Mansions

Project developed by supermodels’ dad Hadid faces demolition, while nearby hilltop palace is set to hit market at less than half its touted price after debt default.

The developers of two troubled Los Angeles mega-mansions are headed for a reckoning, with one home getting its price slashed in half and the other facing the wrecking ball after a court-ordered auction sale.

The hilltop palace known as The One will be listed for $225 million — a steep comedown from the $500 million price tag that was initially floated — after it was taken over by a court-appointed property manager. Nearby, an estate built by Mohamed Hadid, of “The Real Housewives of Beverly Hills” fame, sold this month for just $5.1 million and is set to be demolished after years of litigation. – Source

Hadid’s troubled Strada Vecchia mansion still in limbo after failed court auction

Strada Vecchia, developer Mohamed Hadid’s long-troubled, never-finished Bel Air spec home, remains in limbo after a court-ordered auction failed to produce bids close enough to the asking price.

Four potential buyers bid to buy the property from Los Angeles County at an auction that had been set to conclude last week. The highest, $5.1 million from J.K. Properties, an L.A.-based multifamily real estate investor, was $400,000 below the latest listing price.

The second-highest offer, Sahara Construction Company, was $5 million, a person familiar with the matter said. Two others, Mark Moshayedi and Jonathan Fine, also placed bids, the person said.

Judge Craig Karlan asked the court receiver to discuss alternative plans with the two highest bidders, the person said, speaking anonymously for privacy concerns. The receiver will also meet with the county tax assessor in a bid to reduce taxes owed on the property. Total costs for past taxes, restoration of a damaged hillside and its pending demolition are likely to top $6 million. – Source

Read more on these Tags: , , ,