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Daily Record
Daily Record
Entertainment
Siobhan Macdonald

Brooklyn Beckham's billionaire father-in-law Nelson Peltz makes bid to 'restore Disney's lost magic'

Brooklyn Beckham's father-in-law Nelson Peltz has made a bid for a seat on the board of Disney after accusing the company of wasting money.

Nelson, 80, a billionaire investor who is vying to overhaul Disney after accusing it of wasting money over the last few years. The father-of-three, who is worth $1.4billion (£1.1billion), accused the company of "poor governance".

The businessman owns 9.4 million Disney shares via his company Trian. They are valued at $900 million - which is roughly a 0.5% stake.

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