• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Wyoming officials say Meta’s 715,000-square-foot data center is responsible for contaminating its water system with a rare bacterium

2

'The first time ever in my career': Senior Citi executive on why the ultrawealthy want to diversify away from America

3

Americans are quietly abandoning the daily habit that billionaires say set them up for success—and it could have lasting consequences

1

Wyoming officials say Meta’s 715,000-square-foot data center is responsible for contaminating its water system with a rare bacterium

2

'The first time ever in my career': Senior Citi executive on why the ultrawealthy want to diversify away from America

3

Americans are quietly abandoning the daily habit that billionaires say set them up for success—and it could have lasting consequences
FinanceNelson Peltz

Legendary billionaire investor Nelson Peltz is suing his daughter’s wedding planner after her over-the-top marriage to David Beckham’s son

By
Tristan Bove
Tristan Bove
Contributing Reporter
Down Arrow Button Icon
By
Tristan Bove
Tristan Bove
Contributing Reporter
Down Arrow Button Icon
February 2, 2023, 6:56 PM ET
Billionaire investor Nelson Peltz
Nelson Peltz has his share of legal fights going on right now.Tasneem Alsultan/Bloomberg via Getty Images
Add Fortune on Google for similar content.

In the middle of an ongoing fight with Disney’s board, billionaire investor Nelson Peltz has found time to pick another battle—with one of the planners behind his daughter’s celebrity wedding. 

Peltz’s daughter Nicola, a Hollywood actress, married Brooklyn Beckham, son of famous soccer player David and pop star Victoria Beckham on April 8 in an opulent wedding at Peltz’s Florida beachfront estate. 

The event featured an A-list roster of 500 celebrity guests, reportedly including Gordon Ramsey, Snoop Dogg, and Prince Harry and Meghan Markle. The event and guest list—which of course included the entire fashion-conscious Beckham family—was such a happening that the couple sold the rights to their wedding photos to appear on the cover of Vogue.

But behind the lavish festivities and slew of high-profile attendees, Peltz had to go through not one, not two, but three planners. And one of them allegedly did such a bad job that the investor, who is worth $1.4 billion, has filed a lawsuit.

After Peltz decided to part ways with the wedding’s first planner, he was “hoodwinked” by the new firm’s replacement, Peltz alleges in a lawsuit filed December 30 in Miami. The wedding planner in question, Miami-based Plan Design Events, or PDE, was hired after most of the wedding preparations had already been completed, according to the lawsuit, and all that remained to be done was curating the RSVP list and ironing out deals with certain vendors. 

But the replacement planner was allegedly unable to complete any of the remaining tasks, causing Peltz to “waste nine days dealing with PDE in lieu of a competent wedding planner,” according to the suit. Peltz alleged the company had “seriously misrepresented their skills and abilities” and “lacked the necessary skills to perform.” He also accused PDE of missing multiple deadlines and failing to attend scheduled meetings. A third planner was eventually hired at the 11th hour to bring the wedding over the line.

The lawsuit includes as an exhibit a letter sent by Peltz’s lawyers to the company that claims PDE was unwilling to refund the investor’s $159,000 deposit. Peltz is also asking for $30,000 in damages from the wedding planner, not including interest and accounting fees.

Neither Peltz’s legal team nor Plan Design Events immediately responded to Fortune’s request for comment about the case.

A lawsuit against a wedding planner is unlikely to be top of mind for the billionaire, however. He’s currently involved in a proxy fight through his investment firm, Trian, against Disney’s board over their refusal to install him as a board member.

Peltz requested to be named on the company’s board in January, saying he alone could rescue it from its “crisis” of overspending while criticizing Disney for its recent CEO turnover and the return of former CEO Bob Iger’s to lead the company, claiming it spoke to a failed succession plan. Peltz is seeking to upstage Michael Froman, a nominee to the board, before shareholders convene to vote on members later this year.

Disney staunchly opposes installing Peltz, rebuking his offer last month in a presentation titled: “The current Disney board is the right one for shareholders.” In it, the board claimed Peltz “does not understand Disney’s businesses and lacks the skills and experience to assist the board.”

On Thursday, Trian issued another letter filed with the SEC urging Disney shareholders to vote for Peltz, claiming Froman “has no experience as a public company director outside Disney,” while Peltz has “served on numerous public company boards over the last several years. 

Disney’s board responded by reiterating its rebuke of Peltz in a statement on Thursday and urged shareholders to “take no action at the moment and to simply discard any materials or blue proxy card they may receive from Trian Group.”

Learn how to navigate and strengthen trust in your business with The Trust Factor, a weekly newsletter examining what leaders need to succeed. Sign up here.
About the Author
By Tristan BoveContributing Reporter
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Finance

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Finance

sam
Cryptobooks
A Yale professor says America is now an ‘oldigarchy’—and Boomers on LinkedIn are enraged
By Nick LichtenbergJuly 12, 2026
11 minutes ago
Trump’s time is running out to avoid a nightmare Strait of Hormuz scenario
EnergyIran
Trump’s time is running out to avoid a nightmare Strait of Hormuz scenario
By Jordan BlumJuly 12, 2026
3 hours ago
3 reasons Bitcoin is stuck in a bear market—and why one analyst predicts a rebound to $100,000 by year-end
CryptoBitcoin
3 reasons Bitcoin is stuck in a bear market—and why one analyst predicts a rebound to $100,000 by year-end
By Camila Grigera NaónJuly 12, 2026
4 hours ago
The U.S. and Iran can’t agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament
Middle EastIran
The U.S. and Iran can’t agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament
By Jason MaJuly 11, 2026
11 hours ago
U.S. military strikes Iran in response to attack on civilian vessel in Strait of Hormuz that Tehran said was using an ‘unauthorized route’
EnergyIran
U.S. military strikes Iran in response to attack on civilian vessel in Strait of Hormuz that Tehran said was using an ‘unauthorized route’
By Jon Gambrell, Michelle L. Price, Will Weissert and The Associated PressJuly 11, 2026
11 hours ago
Homes are in short supply in the U.S. How a new law could change the market
Real EstateHousing
Homes are in short supply in the U.S. How a new law could change the market
By Katy O'Donnell and BloombergJuly 11, 2026
12 hours ago

Most Popular

Wyoming officials say Meta’s 715,000-square-foot data center is responsible for contaminating its water system with a rare bacterium
Environment
Wyoming officials say Meta’s 715,000-square-foot data center is responsible for contaminating its water system with a rare bacterium
By Sasha RogelbergJuly 10, 2026
2 days ago
'The first time ever in my career': Senior Citi executive on why the ultrawealthy want to diversify away from America
Banking
'The first time ever in my career': Senior Citi executive on why the ultrawealthy want to diversify away from America
By Nick LichtenbergJuly 11, 2026
23 hours ago
Americans are quietly abandoning the daily habit that billionaires say set them up for success—and it could have lasting consequences
Success
Americans are quietly abandoning the daily habit that billionaires say set them up for success—and it could have lasting consequences
By Preston ForeJuly 11, 2026
24 hours ago
Billionaire MacKenzie Scott just donated $20 million to support America’s youth mental health, as a fifth of teens struggle with suicidal thoughts
Success
Billionaire MacKenzie Scott just donated $20 million to support America’s youth mental health, as a fifth of teens struggle with suicidal thoughts
By Emma BurleighJuly 9, 2026
3 days ago
The U.S. and Iran can't agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament
Middle East
The U.S. and Iran can't agree on fully reopening the Strait of Hormuz. The solution could be straight out of the Old Testament
By Jason MaJuly 11, 2026
11 hours ago
U.S. Treasury has borrowed $155 billion every month of this fiscal year—and is now paying $24 billion a week in interest on its debts
Economy
U.S. Treasury has borrowed $155 billion every month of this fiscal year—and is now paying $24 billion a week in interest on its debts
By Eleanor PringleJuly 10, 2026
2 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.