Millionaire to cut Christmas spending to £2.8m as Britain is feeling the pinch

A millionaire says he'll only be spending £2.8million on Christmas this year – as Brits are "feeling the pinch" during the cost of living crisis.

Barrie Drewitt-Barlow, who is used to going all out during the festive season, splashed out £4million in 2022. His lavish gifts included a £2.5million yacht for his newborn son.

But this year, the 53-year-old is scaling back by getting his toddler a flat instead. He also snapped up an £195,000 Audi R8 for his partner Scott and Rolex watches for his older children.

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The Manchester-born businessman, who also spends his time in the US, told Fabulous: “I know the whole country is feeling the pinch this year.

“I see and hear of people losing their jobs and homes, but it has been a super record year for me and our businesses this year – so I plan to celebrate! I’ve limited Christmas this year to no more than £2.8million but will make it extra special.”

He continued: “Aspen, my son, has recently started his own company buying land to build luxury apartments and houses. I wanted to get something special to celebrate Christmas and his success, so a new Rolex and a G-wagon for him, worth over £300,000.

“For his wife, Pim, a new apartment in Bangkok, where she comes from, close to her family’s home, worth £1.8m and a new rose gold Rolex worth £30,000.

“For Orlando, a new Mercedes CLK and a Rolex worth over £200,000."

Meanwhile, his 23-year-old daughter Saffron is being treated to "whatever she wants". This includes a "whole new wardrobe" and "the latest Louis Vuitton bags".

Barrie and ex-husband Tony made their cash from various business ventures including a trans-Atlantic surrogacy business and a global medical research company. Together, the pair have a combined wealth of £40million.

And they hit headlines for becoming the UK's first registered gay dads with his then-husband Tony back in 1999. He welcomed twins Saffron and Aspen via surrogacy, followed by a son called Orlando.

The couple separated in recent years – and Barrie started dating his daughter Saffron's boyfriend Scott. They now have two kids together.

Barrie and Scott are dads to toddler Valentina and baby Romeo Tarquin, who are often spoiled with luxurious presents.

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