Taxman Wipes Out Most of Hayley Mills’ Disney Fortune
Hayley Mills reveals that most of her Disney earnings were siphoned off by taxes through a trust, with Inland Revenue hitting ~90% at one point. A brief win for Lord Denning against the tax authorities was overturned by the House of Lords, leaving Mills with a wiped-out fortune by the mid-1970s. She says she was poorly advised, her father’s business manager involved in the setup, and she had to keep working to make a living.