Monday, October 16, 2006
Page Six confirmation!
I am laughing so hard, I have tears squirtin out my eyes!!! And he's living with Paris! Wonder how he pays his rent...(icky)
October 16, 2006 -- OILY heir Brandon Davis appears to be running out of reserves.
Though he made fun of Lindsay "Firecrotch" Lohan, scoffing that she "only" had $7 million, the grandson of supposed billionaire Marvin Davis bounced a $10,000 check he gave to "Girls Gone Wild" creator Joe Francis, and he's also said to owe record producer Scott Storch and The Palm casino owner George Maloof.
Other clues the Davis clan isn't as liquid as was believed: Brandon's aunt, Patty Davis Raynes, is suing the family for more inheritance; his grandmother, Barbara, sold the family's estate in Beverly Hills for close to $42 million; and sources say Nancy Davis (Brandon's mom) is quietly selling her Bel Air home for around $15 million.
Before Brandon told Page Six, "[Bleep] you," and hung up, he explained that his check had bounced because he was switching banks and that he'd paid Francis back in cash (which Francis denies). The check, a copy of which was obtained by Page Six, states it was refused for "insufficient funds."
The family still has enough money for a spokesman, who told us, "There is no truth to these rumors." But he wouldn't comment on specific allegations.