Mozzi Faces Backlash for Selling High-End Home Accessories During Cost of Living Crisis
Edoardo Mapelli Mozzi, known for being Princess Beatrice’s husband, is under fire for his latest business venture selling high-end home accessories. Some of the items he is offering are priced as high as 85,000 pounds, sparking controversy during Britain’s current cost of living crisis.
This backlash comes on the heels of previous criticism Mozzi faced earlier this year for making “out of touch” comments about London real estate. As a property developer and the founder of Banda Property, his company specializes in high-end real estate in upscale neighborhoods like Chelsea and Belgravia.
Many have accused Mozzi of being pretentious and failing to grasp the economic challenges faced by the average person. Despite the criticism, Mozzi defended his business, stating, “We believe in the importance of surrounding oneself with beauty and quality, and our furniture reflects that philosophy.” He emphasized that the pieces are iconic designs, showcasing artistry and craftsmanship that justifies their hefty price tags.
His recent venture into selling luxurious furniture has only intensified the criticism, with some viewing his actions as further evidence of being out of touch with the struggles of ordinary Londoners in the city’s expensive housing market.