Celebrity photographer Annie Leibovitz has arranged a deal with a private equity firm to sort out her debts, the Financial Times reported yesterday. The paper said Leibovitz – who has photographed everyone from Michelle Obama to Queen Elizabeth, and is known for her work on Vanity Fair – has lined up real estate investment firm Colony Capital as a sole creditor to help manage her finances and market her work. The firm will allow Leibovitz to hold on to the rights of more than 100,000 photographs.
Keep up with the latest business news from the region with the Emirates Business 24|7 daily newsletter. To subscribe to the newsletter, please click here.