Brooklyn Beckham taps billionaire father-in-law for guidance on building a rival brand
Brooklyn Beckham is secretly receiving business advice from his billionaire father-in-law Nelson Peltz as he and wife Nicola plan a consumer-goods empire separate from the Beckham brand.
Brooklyn Beckham, 27, is reportedly being coached in secret by his billionaire father-in-law Nelson Peltz, 84, as he and actress wife Nicola Peltz, 31, plot to create a consumer-goods empire that could outshine the Beckham brand. Their current income stems mainly from the Cloud23 hot-sauce line and Instagram sponsorships, but Peltz has advised Brooklyn to target high-volume everyday products and eventually expand into a chain of restaurants.
The strategy follows a bitter family dispute in which Brooklyn accused his parents of trying to separate him from his wife. Victoria and David Beckham’s combined net worth is £1.185 billion, while Nelson Peltz’s wealth is $1.6 billion. The couple recently appeared at the Valentino Vendetta launch in California and at the Venice Film Festival, where Nicola received a Rising Star Award. Their public displays of affection and shared social-media notes underscore their intent to forge an independent legacy.
Why it matters
It shows how a high-profile celebrity is seeking to build an independent business empire amid a family feud.
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