Gigi And Bella Hadid’s Dad Denied He’s Broke, He’s Just Too Broke To Tear Down The Shoddy Mansion He Built

Don’t panic! If you were worried that Bella and Gigi Hadid would be spending this Christmas shivering on the corner of Hollywood and Vine while shaking a tin cup and begging passersby for loose change, you can relax. Previous reports that their daddy Mohamed Hadid is bankrupt have been misrepresented, according to TMZ. There will be presents under the tree and Yolanda’s refrigerator will not be bare save a half eaten can of poor people formula Alpo. Last week Mohamed did file bankruptcy papers, but they were for his construction company. Mohamed was ordered by a judge to tear down what he calls Starship Enterprise, a ridiculous mansion he’s been building in Bel Air since 2012 because it’s not up to code and presents a “clear and present danger” to the neighboring homes. It’s going to cost $5 million to tear it down, and like any multi-millionaire worth his salt, Mohamed would rather work the system by fling for bankruptcy than pay for it himself.

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