Mohamed Hadid's Company Files for Bankruptcy

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Gigi and Bella Hadid's father filed court documents on Wednesday.

has declared the company is between $10 million and $50 million in debt. The news comes a week after a judge reportedly declared that Hadid's Bel-Air mega mansion is dangerous and must be demolished.

Hadid says he's over $386,000 in debt to a design and management company and over $200,000 in debt to a building materials company. He also says he owes over $93,000 to a demolition company, over $46,000 to a welding company and over $35,00 to plumbers. "Donating 600 trees to be planted , 20 for each flight I took these past 3 months and probably will continue for the rest of the year," the model wrote on Instagram."It makes me sad how much my job effects my carbon footprint and of how brutally climate change is obviously effecting the world. Mother Nature needs some love...🌳🌼🌜."

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Mohamed Hadid's Company Files For BankruptcyMohamed says his Bel-Air mansion needs immediate attention -- it needs to be physically secured or protected from the weather. Gi that stinks Sell👏The👏Contents👏Voila’👏 Someone is trying to evade tax lol
Source: TMZ - 🏆 379. / 59 Read more »