Jesse Wood revealed that since his split from Fearne Cotton he has been unemployed and living on barely £1,000 a month - as he appeared in court on speeding charges.
The musician, 49, is the son of Rolling Stones guitarist Ronnie Wood, who is worth £100million and himself lives in a £3million townhouse in Richmond.
But as he appeared in court on Thursday facing a possible driving ban, it emerged that since his split from TV presenter Fearne 13 months ago, he has struggled to find paid work and is now living off savings.
Jesse, who is dating former Made in Chelsea star Gemma Gregory, was summoned to Lavender Hill Magistrates’ Court after he was clocked driving at 27mph in a 20mph zone in Earls Court, west London on April 7 last year.
This was because he had already clocked up three previous endorsements and so was facing a possible ban.
When he came to plead his case, the father of four gave JPs an extraordinary insight into his recent struggles to be solvent and find paid work.
Jesse, who shares two children with Ferne and two from a previous relationship, represented himself when he told the court, saying: ‘I was due to be employed in 2024 but it got delayed.
‘At the moment I'm living off my savings and I am looking to get employment.’
Asked about his income as recorded on his last year’s tax returns, he continued: ‘Yes. It was very low at around £14,000.’
Jesse also apologised to the court for having driven 7mph above the limit on the A4 Cromwell Road when he was caught for the fourth time.
He added: ‘I would like to say I accept responsibility for what I have done.’
Prosecutor Geraldine Dickinson earlier told the court: ‘This was at 12.45pm in the afternoon on April 7 last year. He used his vehicle on the A4 Cromwell Road which was subject to a 20mph speed restriction.
‘The speed recorded when the vehicle activated the safety camera was 27mph.’
The court was told Jesse already had nine points for similar speeding offences recorded in the year prior to the Cromwell Road incident - in June 2024, September 2024 and August 2025.
Jesse, who lives in Richmond, south west London, formally pleaded guilty to his latest offence of exceeding a 20mph speed limit in contravention of a local traffic order.
Despite his plea of relative penury, Wood was hit with a six-month driving ban as he received three more penalty points.
This automatically triggered an automatic month ban for a minimum of that period -and he was additionally told to pay £255 in fines and costs.
Sentencing Magistrate Richard Sanden explained to him: ‘Because you pleaded guilty you get one third off the fine.
‘It would have been £134. That has been reduced to 89. You will also pay a surchage of £36 and a contribution towards court costs of £130.’
Jesse has not spoken publicly about his split from the presenter in December 2024 but Fearne discussed it during an appearance on Lorraine Kelly's ITV show: 'It's all very amicable and the kids are doing great. I am in a very good place'.
His new partner Gemma, 39, recently posted a photo of them on her Instagram as Jesse hugged her outside in the sunshine.
'Bloody love this one', Gemma captioned it with a red love heart emoji.
Jesse followed in his dad’s career path but with less financial success - he is a sometime guitarist for rock band Reef.