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The dancing marquess

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Some of the cash-strapped British aristocrats of the time just blow their money for the hell of it. Take the antics of Henry Paget, the 5th Marquess of Anglesey, the ‘dancing marquess’. On inheriting 30,000 acres in Staffordshire, Dorset, Anglesey and Derbyshire on the death of his father, plus an income of £110,000 a year – around £10 million in today’s terms – Henry manages to blow the lot in six years.

Where does the money go? Lavish parties, yachts, extravagant theatrical productions – which frequently involve priceless costumes studded with expensive jewels – and Henry’s own elaborate outfits. These include a diamond and sapphire tiara, a turquoise dog collar, ropes of pearls, and slippers studied with rubies. At one point he modifies his car so that the exhaust sprays out perfume. And it is rumoured that he likes to make his wife lie naked while he prances around, covering her body with jewels. Very soon he is mortgaging his estates to cover his mounting debts and, after finally being forced to sell off his jewels, dogs, cars and carriages he is declared bankrupt. He moves to the South of France, where he dies, age 30, in 1905.

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