Barnaby Joyce and Vikki Campion’s son Sebastian may be worth $3 million when he turns 21
SIX week old Sebastian Joyce could be worth millions by the time he turns 21 — if his parents invest the $150,000 reaped from their Channel Seven tell-all interview the right way.
NSW
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HE’S just six weeks old but Sebastian Joyce could be sitting on a multimillion-dollar fortune if his allegedly publicity shy parents play his cards right.
Barnaby Joyce and his former media adviser lover Vikki Campion have signed a $150,000 deal with the Seven Network for a tell-all interview, with the cash being put into a trust fund for the tot.
And financial experts have told The Daily Telegraph Joyce Jr could be worth up to $3 million, at a conservative estimate, by the time he turns 21 if the money is invested properly.
Clifford Bennett, whom Bloomberg described as “the world’s most accurate currency forecaster and who runs a multimillion-dollar hedge fund, said $2 million to $3 million was a “worst case” scenario if the funds were put into a mix of international shares, property, and Australian stocks.
Meanwhile, renowned finance guru Saul Eslake, chief economist at ANZ from 1995-2009, said: “Barnaby should get an investment adviser to recommend some good quality Australian shares, plus some international stocks.”
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And even if Sebastian’s parents take a highly conservative approach he will still make a tidy profit.
Financial comparison website RateCity said a Greater Bank Life Saver savings account with an interest rate of 3 per cent would have a closing balance of $281,991 if invested over a 21-year period.
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So with Mr Joyce and Ms Campion clearly having a lot of things on their mind these days, the Telegraph has stepped in to consult the experts for three free lucrative financial plans.