Katie Price is only 40, so she is not someone that could be described as particularly old. Over the course of her career she was fortunate to have been able to amass a fortune of £45 million.
Now, the news making the rounds is that the former glamour model has fallen on hard times having gone through her £45 million fortune like a hot knife would through butter. Sadly, she is only one of several celebrities to hit rock-bottom after wasting their life earnings.
It has been reported that the mother-of-five is terrified at the prospect of being penniless after previously boasting a huge fortune.
Pictures show Katie Price's £2million home in Horsham, West Sussex, to be decrepit and unkempt
Where the money went :
1. She has spent a fortune on regular plastic surgery
2. Luxury holidays
3. She spent £1 million on a farm that is yet to produce a pint of milk
4. She bought top of the range agricultural machinery costing hundreds of thousands of pounds which has yielded nothing in terms of returns
5. Mortgage in excess of £1 million, with over £100,000 in arrears
6. She was spending £25,000 a year to heat her house
7. She spends £120,000 on an army of housekeepers, nannies and gardeners
8. Manicure & pedicure twice a week: £1500 a month
9. Hair once a week: £1000 a month
10. Facials once a week: £400 a month
11. Age reversing treatments: £500 a month
12. Massages every other day: £800 a month
13. Daily make up by on-the-payroll make-up artist: £800
She probably would have been able to continue her lifestyle but for the fact that the monies were no longer rolling in. This was in addition to the fact that Katie entered into many doomed business ventures. All these have left her on the verge of bankruptcy.
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