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Disgraced PR Max Clifford left £193,000 in will for daughter Louise after losing £10m fortune

Disgraced former celebrity publicist Max Clifford left just £193,000 of his multi-million fortune in his will.

The shamed PR magnate, who died last December at the age of 74 while serving an eight-year prison sentence for sexually assaulting a string of women, once had £10million in the bank.

But he declared himself bankrupt last June as female victims sued him after he was convicted of eight counts of indecent assault. 

Shamed PR magnate Max Clifford, who died last December at the age of 74, once had £10million in the bank but could only leave £193,000 in his will

Max Clifford

Max Clifford with his daughter, Louise, and wife, Liz

Clifford (left, and right, with his daughter Louise and her mother Liz) 74, was jailed for eight years in May 2014

Clifford owed about £4.5m to unsecured creditors and £3million to secured creditors, and he was forced to compensate two of his victims after he sold his mansion.

On top of that he had to pay a settlement to his ex Jo, 55, who divorced him in 2014.

He was serving eight years for assaults on four women between 1977 and 1984 when he collapsed and died in December.

While in prison he changed his will on May 1, 2014, to leave everything to his daughter Louise – but after debts and tax affairs, she received less than £193,000. 

At his peak, Clifford was raking in £2.5million a year – buying two large homes in Surrey, one of which was valued at £3.5 million.

He also owned a £1.5million house at an exclusive golf development in Spain and bought a new £200,000 Bentley every two years.

Clifford, 74, was jailed for eight years in May 2014 and was the first defendant to be jailed from Operation Yewtree. 

The shamed publicity puppet master had crafted a reputation for garnering maximum exposure for the fame-hungry wannabes in his charge, while maximising his extensive Fleet Street contacts to help keep other clients off the front pages when needed.

His CV – much of which he regaled in subsequent court cases as well as his autobiography Read All About It – boasted an impressive roster of one-time clients.

He had helped launch the career of The Beatles by sending press releases about their debut single Love Me Do when record company bosses were ambivalent about the Liverpudlian four-piece.

He counted Muhammad Ali, Frank Sinatra and Chelsea Football Club as clients at the height of his career.

And his work was immortalised when a tabloid newspaper published the front page headline Freddie Starr Ate My Hamster – a story the publicist later admitted was a complete fallacy.