Bubbly teenage sensation Gabby Douglas has been a main attraction after winning two Gold medals at the London Olympic Games two weeks ago.
Her newfound fame is welcoming big money endorsements opportunities at a rapid rate. But, according to a family insider, Gabby’s money is going to benefit her the right way. Earlier reports alleged that Gabby’s father, Tim Douglas, and mother Natalie Hawkins were at odds over the millions that their daughter can potentially earn.
According to a report from the New York Post, there doesn’t appear to be any feud between the parents.
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“Her parents may be separated, but they still want what’s best for Gabby and are not looking to profit out of her,” the insider shared. “Any money she earns from future endorsements will go towards paying for her college education, as well as be put aside for when she’s finished her studies.”
The National Enquirer estimates that Gabby could earn $10 million dollars in endorsements over the next few years and more than $100 million over the course of her life. The media spotlight placed on the 16-year-old Virginia Beach native has been massive, but she’s handled it masterfully.
Perhaps media hounds watching young Gabby’s money and family happenings would serve the gymnast well by focusing more attention solely on her athletic prowess and graciousness.
We have a feeling her family life is well under control.
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Gabby Douglas’ Future Earnings To Be Placed In Trust Fund, Family Friend Says was originally published on newsone.com