Convicted paedophile Gary Glitter is reportedly set to lose his multi-million pound fortune after allegedly being made bankrupt over failure to pay damages which were awarded to one of his victims. It is understood the 80-year-old disgraced popstar has failed to pay the £508,000 in damages awarded by the High Court last year to a woman he raped when she was 12 years old, leading her lawyers at Slater and Gordon to launch a successful enforcement action which made him bankrupt last month.

The case appeared under his real name Paul Francis Gadd, at the Torquay and Newton Abbot County Court. The ruling means a trustee can now seize his assets, including his £2million London penthouse, and use them to repay the victim. In 2015, Glitter was jailed for 16 years for the abuse of the victim along with two other girls between 1975 and 1980.

Last year, a High court judge ruled that the woman was entitled to compensation to cover the time she has been unable to work and the suffering he caused her. In 2024, it was reported at least two more victims have since come forward to sue Glitter. Documents filed at Companies House show a firm he founded, which is now run by associates, has £137,873 in assets.

The company paid off the mortgage on Glitter's flat in Baker Street, Central London. He is also understood to be raking in royalties while in jail. A source told Daily Mirror: "Though some were paused some years ago it may not be the case with all of them."

As one of the biggest pop stars of the 1970s, Glitter had sold 18million records by 1975. While he sold away his master recording and publishing rights years ago, he is thought to still get half the royalties as songwriter.

This means he is earning on every "public performance", meaning when his songs are played in bars, on radio, at sports events or on TV. He had reportedly earned £1million from Oasis track Hello by 2013 since the song uses a sample of his lyrics.

In her 13-page ruling in the victim's favour in June 2024, Mrs Justice Tipples said: “There is no doubt that the claimant was subject to sexual abuse of the most serious kind by the defendant when she was only 12 years old and that has had very significant adverse impact on the rest of her life.”

Mrs Justice Tipples said the six-figure-sum includes £381,000 in lost earnings and £7,800 for future therapy and treatment. Glitter served two-and-a-half years in jail in Vietnam from 2006 for sexually abusing two girls, aged 10 and 11.

He was convicted of two indecent assaults and a charge of sex with someone under 18 in relation to the woman who sued him, the court heard. The musician was then jailed for 16 years in 2015 for sexually abusing three schoolgirls.

His sentence expires in February 2031. He was automatically released from HMP The Verne, a low-security prison in Portland, Dorset, in February last year after serving half of his fixed-term determinate sentence.

However, he was back behind bars less than six weeks after walking free when police monitoring him learned he had breached his licence conditions by reportedly trying to access the dark web and viewing downloaded images of children.