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Mandelson driven around Alps in classic Ferrari of Rothschild heir at the centre of £500m dinner with an oligarch

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Richard Pendlebury and Christian Gysin
UK Daily Mail
Wednesday, May 26th, 2010

After the unrewarding task of trying to keep Labour in power, Lord Mandelson is no doubt relieved to be back in the old routine – courting the rich and famous.

Peter Mandelson

The former Business Secretary is pictured in the passenger seat of a black open-top Ferrari Daytona Spider, worth at least £250,000. At the wheel is his friend, 38-year-old banking heir Nat Rothschild, who was offering hospitality to the Labour peer at one of his chalets in Klosters, in the Swiss Alps.

The picture is proof, if it were needed, that Lord Mandelson has a taste for the kind of high life that would otherwise be beyond his purse.

Of course, now he has departed Westminster following the general election defeat, the chance of making his own fortune beckons again.

Yesterday there were reports that he could be the next chief executive of the troubled petroleum giant BP. Anji Hunter, Tony Blair’s former gatekeeper, has previously served as the company’s communications chief.

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This article was posted: Wednesday, May 26, 2010 at 3:20 am

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