Veteran rocker Billy Joel's fiancee is even younger than previously believed - Katie Lee is 22 and not 26 as has been reported.

And the 54-year-old musician, who gave brunette Lee a 5-carat diamond ring to seal their engagement, is selling his luxury yacht RED HEAD for $1.35 million (GBP750,000) because it's named after his former ginger-haired lover CAROLYN BEEGAN

An insider told website PAGE SIX, "It's spacious, yet very cosy."

19/01/2004 21:05