Best saved for the future…
Gabby Douglas’ future millions will be safe from her parents as it will go directly into a trust fund, according to reports.
The 16-year-old Olympic gold gymnast was said to be at the center of a war between her estranged parents who were allegedly fighting over the money she is expected to earn from future endorsements.
However, a source close to the family say Gabby’s money will be safe as a trust fund has been set up to help her with college fees and living thereafter.
“Her parents may be separated, but they still want whatâ€™s best for Gabby and are not looking to profit out of her,” a source told Radar Online.
“Any money she earns from future endorsements will go towards paying for her college education, as well as be put aside for when sheâ€™s finished her studies.”
Apparently, despite her incredible feat at the 2012 London Olympics, Gabby hasn’t made any money from her gymnastics career.
“And people forget, she hasnâ€™t made anything from gymnastics yet; her career in the spotlight has only just begun, and while she has the potential to earn a lot of money in the future the rumored figures are way off target.”
The main thing is her money will be tucked away safely!