EDEN CONFIDENTIAL: King Charles' nephew Peter Phillips launches £5m property venture with his billionaire chum
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He has, so far, been something of a jack of several – if not yet all – trades, trying his hand at corporate hospitality and ‘sponsorship management’, as well as establishing his own events company and becoming a director of a firm aiming to cash in on the market for Covid tests.
![[Danish merchant Troels H Povlsen (left) is Phillips new business partner]](https://i.dailymail.co.uk/1s/2024/12/20/22/93369915-14215633-image-a-65_1734733564467.jpg)
Most memorably – and excruciatingly – he’s even cropped up in adverts on Chinese television, which showed him drinking a glass of milk brought to him by a butler while he reminisced about being nourished on Jersey milk from the royal herd at Windsor.
![[Bo Bruce (pictured) has just turned 40, is also pregnant and has an album in the works]](https://i.dailymail.co.uk/1s/2024/12/20/22/93370019-14215633-image-a-66_1734733771557.jpg)
Now, I can disclose that, at the age of 47, King Charles’s nephew Peter Phillips has made his first play in the wheeler-dealer world of commercial property. He’s paid just over £5 million to make himself the landlord of a medley of shops, small businesses, bars and restaurants in the glorious Georgian spa town of Bath.
![[Natalie Rushdie performs at Blood Cancer UK's Christmas Carol Concert at St Paul's Cathedral on December 17]](https://i.dailymail.co.uk/1s/2024/12/20/22/93370055-14215633-image-m-68_1734733937793.jpg)
It’s unlikely that he’s dependent on a mammoth loan to fund the deal. His business partner is Danish retail billionaire Troels Holch Povlsen, 75 – although that detail takes a little digging to unearth. In 2022, Phillips formed a company called Aston Cole Ltd, of which he remains sole director. Aston is itself owned by two companies. One of these, with a 45 per cent stake, is Aston S&I, of which Phillips owns at least 75 per cent.
![[Francesca Cumani pictured with former husband Rob Archibald on the Gold Coast in Australia in 2015]](https://i.dailymail.co.uk/1s/2024/12/20/22/93370141-14215633-image-a-69_1734734275827.jpg)
