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It is said that due to the financial mismanagement of Ghali, son-in-law of Nazli and husband of Fathia, both mother and daughter had to lose most of their fortune in the year 1973. Although Fathia and Ghali were separated back in 1965, the debts were still there to be settled. In order to resolve the dispute of debts, Nazli had to sell off a considerable portion of her jewellery collection at the auction in November 1975 at Sotheby Parke Bernet in New York.
The Van Cleef Diamond Necklace of Fawzia’s Mother
It is said that due to the financial mismanagement of Ghali, son-in-law of Nazli and husband of Fathia, both mother and daughter had to lose most of their fortune in the year 1973. Although Fathia and Ghali were separated back in 1965, the debts were still there to be settled. In order to resolve the dispute of debts, Nazli had to sell off a considerable portion of her jewellery collection at the auction in November 1975 at Sotheby Parke Bernet in New York.