23 November,2020 08:47 AM IST | London | Agencies
Lewis Hamilton
Formula One star Lewis Hamilton, 35, will be awarded knighthood in the New Year's Honours list.
According to British tabloid, The Sun, the seven-time world champion will be handed over the gong after his controversial tax affairs got a green light from the UK Government's Honours Committee.
Hamilton, who is worth GBP 250m (approx Rs ,463 crore), is a resident of tax haven, Monaco.
He took advantage of legal rules to save tax worth GBP3.3m (approx Rs 32.51 crore) by registering a GBP 16.5m (approx Rs 162 crore) private jet on the Isle of Man.
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