This is actually the case, because she needs to pay a large fine, and many brands want to terminate their contracts with her, and she also needs to repay the brand's liquidated damages, so she makes a living by promoting cosmetics. Fan Bingbing is strictly controlled in this regard when it comes to paying taxes. It is very difficult to make a comeback, and the current situation is even more severe. In addition, Fan Bingbing can only pay half of the huge fine, and the remaining 400 million is borrowed from a friend. money. Such a generous gift from a mysterious friend did not require her to repay it any time soon. Seeing this, I first envy Fan Bingbing for having such excellent rich friends!
In fact, Fan Bingbing is also facing breach of contract compensation from many brands. Statistics show that there are 122 brands on the list, including luxury brands such as LV, Cartier, and Montblanc, as well as well-known brands such as adidas. With global brands such as L'Oreal, Renault, and Panasonic, her endorsement fee is around 20 million to 30 million. The negative news about Fan Bingbing led to a breach of contract. Not only must the endorsement fee be recovered, but she must also compensate for the breach of contract. The compensation is basically double recognition. The total number is about 600 million.
Fortunately, the brand did not sue her for not repaying the loan, because the brand knew her current financial situation, and with her good reputation in the circle, most brands extended her repayment time. Another situation is that the brand terminates cooperation with her first. Depending on her subsequent development, if she can come back smoothly, she will reconsider cooperation and will not rush to claim compensation.
Fortunately, although Fan Bingbing has experienced such big twists and turns, she still maintains a very positive and optimistic attitude and has been working hard to come back. Recently, she appeared on the cover of a magazine, and she also live-streamed selling goods with internet celebrities. Her future seems to be getting better and better.