Property News · September 3, 2011

The fall and rise of Ivan Massow


Crushed by a court case, his business in tatters, the gay finance entrepreneur fled to Barcelona and fell into alcoholism. His unlikely saviour? Joan CollinsThere were six empty wine bottles strewn over the floor of Joan Collins’s lavish St Tropez villa as a very hungover Ivan Massow sloped down to breakfast. And it wasn’t the star of Dynasty who had been knocking back the vino in large quantities. “Ivan, I had just one glass last night. Nearly all the rest must have been you,” she told him. “I think you have a problem and it’s time for you to do something about it.”Three years later – via a prolonged stay at the celebrity rehab hangout Promises in Los Angeles – Massow thanks his “second mum” for rescuing him from the alcoholic haze that followed a failed £13m court case against insurance company Zurich. The bedside bottle of vodka (he hasn’t drunk since 2008) has gone, swapped for hour-long jogs along the Thames at dawn, and a weekly Alcoholics Anonymous group he chairs in Soho. And on Monday the serial entrepreneur, now 43, opens an intriguing and cheeky new finance firm that will throw him back into the business and media spotlight once again. Continue reading…

Source : theguardian.com
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