Nicola Peltz is rumored to receive a monthly allowance of up to $1 million from her father, billionaire Nelson Peltz, according to reports from British and U.S. media. The claim has surfaced amid escalating tensions between her husband Brooklyn Beckham and his parents, David and Victoria Beckham.

Citing Daily Mail and The Sun, journalist Marina Hyde said on the podcast The Rest Is Entertainment that Nelson Peltz allegedly told the Beckhams: “I give my daughter a $1 million allowance each month.” Hyde added that Peltz may deny the claim.

Nelson Peltz, whose net worth is estimated at $1.6 billion (Forbes), is widely considered far wealthier than the Beckhams, whose combined fortune is estimated at around $680 million. The U.S. billionaire built his career in investment, served as a Heinz executive, and founded Trian Fund Management. He reportedly spent $3.5 million on Nicola and Brooklyn’s 2022 wedding at the family estate in Palm Beach.

Sources say the Beckhams continue to provide Brooklyn with limited financial support, preferring that he be financially independent rather than “handed money,” so as not to send the wrong message about values.

However, the $1 million-per-month allowance rumor has been strongly denied. Sources close to the family told Page Six, E! News, and HELLO! that the claim is “100% fabricated,” “baseless,” and “completely false.” No official statements have been issued by the families involved.

Brooklyn and Nicola currently live in a Hollywood mansion valued between $11–16 million, with some reports suggesting the purchase was largely funded through Nicola’s trust. The couple frequently share glimpses of a lavish lifestyle, including enjoying some of the world’s most expensive wines while traveling.

Meanwhile, the Beckham family rift continues to make headlines. Brooklyn recently released a six-page statement accusing his parents of control and interference in his marriage, saying he has no desire to reconcile. As David and Victoria appeared together in Paris for Victoria’s receipt of France’s Order of Arts and Letters, Brooklyn and Nicola opted for a private getaway in the U.S.

Nicola Peltz began acting in 2006, with roles in The Last Airbender, Bates Motel, and Transformers. She has recently expanded into writing and directing with Lola and is set to release Pretty Ugly in 2026. Brooklyn continues to pursue photography, food ventures, and personal projects.