The 46-year-old former glamour model has faced two bankruptcies and will be asked to answer questions about her finances in a public interview. Last year, Katie’s hearing was adjourned so she could attend a “private interview” with the trustee of her bankruptcies. However, Katie will be quizzed at the Rolls Building in London today.
At the peak of her career, she had an estimated fortune of £45 million thanks to her modeling career, book deals, and television appearances.
However, her habit of supporting ex-partners ‘ lavish lifestyles and legal expenses led to her first bankruptcy in 2019 over debts totalling £3.2 million. Katie was declared bankrupt again in March 2024 as a result of an over £760,000 tax evasion. The former Page 3 model’s half-monthly earnings were voided by the High Court in order to pay her debts.
Four companies were listed, including the adult-only subscription site OnlyFans, as well as a photographic agency, Backgrid. The four businesses are required to deduct 40% of Ms Price’s income each month for the next three years, according to Insolvency and Companies Court Judge Catherine Burton.
Katie not expected to attend
Previous arrest
Splashing the cash
How does Katie earn money?
In recent years, Katie appeared on Celebrity SAS: Who Dares Wins, Steph’s Packed Lunch, Celebrity Masterchef, Shopping with Keith Lemon and Katie Price’s Mucky Mansion. However, it is not known how much the star earns from each one of her stints. On Depop, the actress also sells her used clothing.
Katie has looked into a number of ways to help her with her OnlyFans page, as well as her two businesses, Katie Price Equestrian and Scented by Katie Price, to make money. Additionally, she established an Instagram account where users could sell “official Katie Price memorabilia,” including pre-worn lingerie and Peter Andre wedding dresses.
She also participates in special club appearances and makeup masterclasses all over the country while keeping busy with her Katie Price Show podcast. Last month, Katie’s IVF journey was documented on Channel 4.
Remaining positive
Finances are “strained by exes.”
The mother-of-five claims that supporting ex-partners’ lavish lifestyles and legal costs have put strain on her finances. She has attributed her financial challenges to funding her exes including cars, watches, luxury holidays, and homes.
When is Katie in court?
Katie is expected to arrive at court at 10: 30am today.
She will face questions over her finances at a public examination, with a previous hearing last year adjourned so she could attend a “private interview” with the trustee of her bankruptcies.
Source: Mirror
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