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Lindsay Lohan Is Out Of Cash

Lindsay Lohan Is Out Of Cash - PIC

Rumor has it everyone’s favorite party girl Lindsay Lohan is broke. They say she has spent $7 million in recent months on her wild partying. Her financial situation is so dire that she can’t afford a place of her own while filming in L.A., but has to stay at a friend’s guest house.

Her extravagant purchases include:

  • A MILLION dollars on just one hotel bill, which includes costs to have chauffeurs on 24-hour standby
  • $137,000 in rehab costs from three separate trips to various facilities
  • THOUSANDS more in legal fees after multiple drink driving convictions
  • $350,000 has gone on luxury Mercedes and BMWs
  • $1 MILLION on clothes
  • $70,000 on tanning and hair-styling
  • well over $500,000 on partying.

A source claims,

quote-pic“Lindsay doesn’t have much choice as she is totally broke. The only reason she’s coming back to LA, is to earn some money fast.

“She still thinks nothing of blowing thousands of dollars on a single night of partying. And the amount she has wasted putting cocaine up her nose is disgusting. Even she has lost count.

“Rehab does not come cheap and Lindsay has spent a fortune on it this year. Her first two stays there sadly proved a complete waste of money for her. And I can’t see this time being any different.”

Lindsay has had to sell both of her homes because the mortgages became too much to handle. Her apartment in L.A. was worth approximately $2.85 million, and her flat in New York came in around $1 million.

The money just can’t all be gone, can it? What the hell was Dina the manager doing the whole time – invest at least some of it, damn. If Lindsay’s really broke she’s got more problems that coke addiction. And as a side note, why didn’t she use those chauffeurs that were on stand-by?

What others are saying:

  • dlisted says, “Wait…maybe she is broke. She was spotted shopping at Forever 21 last week. Discount!”
  • celebitchy says, “Either way, you have to give Lohan some smidgen of props for staying sober for so long. Maybe she just can’t afford drugs any more, though, and there’s no one left willing to give her any.”

Source: “Lindsay Lohan blows the lot” [News Of The World]
Image courtesy of Picture Perfect, for use on Gone Hollywood

 
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I worked at a bank closely with the Investments and Tax Department when I was her age. Celebrities usually don’t have ANY business background and they forget you are only as good as your last piece of work [music or film]. They usually come from humble beginnings so they are like little kids in candy stores when it comes to spending. What’s really sad is if you earned $20,000 annually, it would take you 300 years to earn $6,000,000.

Posted by Caviar | October 22, 2007 | 10:17 am | Permalink
 

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