Former pop star Gary Glitter has seen a significant increase in his wealth over the past year, despite facing bankruptcy. The disgraced 80-year-old has failed to pay £508,000 in damages ordered by the High Court to a woman he sexually assaulted when she was 12 years old. His refusal led to a bankruptcy enforcement action by Slater and Gordon, the woman’s legal representatives.

Recent filings at Companies House reveal that a company established by Glitter and now managed by his associates has assets exceeding £155,000 for 2024, up from £125,626 in the previous year. The company managed to clear the mortgage on Glitter’s residence in Baker Street, Central London.

Despite his legal troubles, Glitter continues to receive royalties, even while incarcerated. Richard Scorer, head of abuse law at Slater and Gordon, confirmed Glitter’s bankruptcy and criticized his lack of cooperation and disrespect towards his victims.

In a statement, Scorer expressed concern over Glitter’s behavior and lack of remorse, urging the parole board to consider these factors in any future parole applications. Glitter, also known as Paul Gadd, was sentenced to 16 years in prison in 2015 for multiple sexual offenses against minors.

The bankruptcy proceedings, conducted under Glitter’s real name, Paul Gadd, in Devon, allow a trustee to take control of his assets, including a £2 million penthouse in London, to compensate the victim. Glitter, known for his hits in the 1970s, continues to earn royalties from his music, ensuring ongoing income from radio, TV, and sports event broadcasts.

Despite his past convictions and bankruptcy, Glitter’s music royalties remain a source of income. His refusal to acknowledge the harm caused by his actions has led to legal actions and ongoing efforts to seek compensation for his victims.