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The Independent UK
The Independent UK
Lifestyle
Adam White

How one of Hollywood’s earliest child superstars lost her fortune

  • Hayley Mills, the 80-year-old former child star, revealed she lost most of her fortune due to a 90 per cent super-tax rate and poor financial advice.
  • As a child, Mills signed a lucrative deal with Disney for films like The Parent Trap and That Darn Cat!, with her earnings placed into a trust by a solicitor.
  • Upon turning 21, she discovered that 90 per cent of her earnings had been claimed by the Inland Revenue due to the post-war super-tax.
  • Mills described the solicitor as a "crook" and said that the financial loss forced her to move to America for work, despite her desire for financial security.
  • She appealed the decision but ultimately lost millions, expressing regret over the lack of freedom and time missed with her son due to her need to work.

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