07 July 2023 , 11:00
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Katie Price was once said to be worth an estimated £45 million after a successful modelling and reality television career.
But years of work opportunities drying up and a string of divorces have seen the 45-year-old’s wealth plummet as the reality star is due in court for another bankruptcy hearing.
The glamour model, who was formerly known as Jordan, will appear remotely in court for a hearing over her £3.2m debt repayment at the Royal Courts of Justice today after the hearing was postponed in April for the fifth time.
Katie previously agreed to pay £12,000 a month but her creditors claim she has not been sticking to the deal. She was meant to pay the £12,000 per month to creditors of the firm through an individual voluntary arrangement.
A considerable amount of the £3.265m is owed for mortgages secured against her “Mucky Mansion” in West Sussex.
Katie Price shows off results of 'painful' breast op as she unbandages boobs
Here we look back at what happened to the mum-of-five’s money ahead of the hearing today...
Katie Price's net worth
The media personality, once famed for her enlarged boobs, is now thought to be worth less than £1million, with bankruptcy hearings revealing the true state of her finances.
In December 2019, Katie was declared bankrupt for a year and agreed to pay £12,000 a month to creditors to dig herself out of debt, but the plan failed.
She was back at a bankruptcy hearing in July 2020, confirming to the court she was living in rented accommodation costing £4,200 a month.
The former glamour model was once worth an estimated £45 million (Instagram)In January 2022, the model – who broke onto the scene in the 90s as a Page 3 girl for The Sun – narrowly avoided another embarrassing court appearance by paying off £7,350 worth of fines dating back three years.
And despite the 2020 court being told that she was making £45,000 per month for the past six months, she now owes an astonishing £3.2million to her creditors.
The former singer seemingly swerved bankruptcy proceedings for a fifth time this year, with her date before a judge over the debts being moved to July 7.
It was recently said the court would be questioning the star on where she earns all her money and how she plans to pay back her debts.
A source explained to the Mirror in January: "The court will wish to know where every penny comes from, whether that’s from selling her old clothes on Depop or stripping out of her clothes on OnlyFans. Only then can the court make up its mind about her ability to pay."
Katie has explored a number of ways to help her earn some cash from her OnlyFans page, Scented by Katie Price business and Katie Price Equestrian business.
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Recent months have also seen her set up an Instagram page in an attempt to sell 'official Katie Price memorabilia' – from pre-worn lingerie to the wedding dress she wore to marry Peter Andre in 2005.
How did Katie Price lose her money?
Legal costs, loss of TV opportunities and expensive habits have all hurt the celeb's bank balance.
Some of Price's most lucrative TV deals - such as her series of fly-on-wall documentaries, including Katie Price: My Crazy Life - that earned her serious cash have fallen away over the years, while it is thought her modelling opportunities came to an end in 2018.
Clothing line House of KP went quiet in 2019 and she resigned from her other clothing line KP Boutique in the same year, after making just £13.
Katie Price's surgery 'addiction'
Earlier this year, Katie also discussed her surgery 'addiction' after undergoing her 16th boob job – bringing her to a HH cup in a reported bid to have 'Britain's biggest boobs'.
Despite criticism over her surgeries – including from her mum Amy, who said she 'despairs' her operations – the former glamour model has vowed to "do what I want".
She told OK! magazine earlier this year: "I only started having things done to my face in my 40s. When I was younger, I had my boobs done and my nose done, but that was it.
"I didn’t have any fillers or anything like that. I did all of my career naturally, with no airbrushing or filters either. So now I’m in my 40s, I will look and be as fake as I want to be."
Katie Price had undergone various nips and tucks (@KatiePrice/Instagram)
She has had a total of 16 boob jobs (Instagram)Earlier this week it's been reported Katie is planning to undergo even more surgery for nips and tucks on her face and body.
It has been claimed the 45-year-old will undergo a nose job, lip lift, and abdominal etching, which is a procedure that involves liposuction to create a six-pack.
Her upcoming surgery will be to correct “previously botched operations”, an insider claimed to The Sun.
“She‘s done all the proper checks on the clinic. It’s not too far away from home and Katie feels she’ll be in safe hands. Katie can’t wait to be summer ready,” they added.
Katie Price's lavish holidays
So far this year, the Pricey has jetted off on five holidays, while last year saw her head on 14 luxury holidays.
Mum-of-five Katie recently enjoyed a getaway to Spain but also travelled to Thailand earlier this year for a month-long trip.
While in Thailand earlier this year, Katie is understood to have stayed at the Royal Orchid Sheraton Hotel Towers in Bangkok.
The hotel offers two swimmings pools and four restaurants.
Last year, Katie headed on 14 luxury trips across the globe, including exotic trips to Thailand and Portugal.
Luxury car collection
Katie was banned from driving following an accident near her home in Sussex in September 2021.
She flipped her car BMW X5 during the crash and was handed a 16-week prison sentence suspended for 12 months, a two-year driving ban and 100 hours of community service after admitting to drink-driving while disqualified and without insurance.
Katie has previously boasted a collection of expensive cars (Instagram/katieprice)However, the ban was lifted earlier this year and she celebrated by treating herself to a set of new wheels, reportedly worth £50,000.
Katie was pictured behind the wheel of a brand new Hummer vehicle in April this year, which also boasts a personalised number plate and huge wheels.
She has previously owned a collection of lavish rides including a £179,000 pink Ferrari to a pink Range Rover, which she put up for sale following her bankruptcy hearing.
Engagements, marriages and divorces
Katie Price has been married three times; to Peter Andre, Alex Reid and Kieran Hayler.
All of her marriages have ended in divorce. Her latest divorce from Kieran was finalised in 2021, after being delayed.
Kieran confirmed the divorce to the Mail Online at the time as he said: "As of July 12 we are now divorced. It took just over three years. We didn't rush it; it was in the process for a long time and Covid-19 hit, which held up the courts. It wasn't in our hands.
"We did it really amicably, it was all done behind the scenes and neither of us had to go to court. I never wanted any money from her or anything like that, I made a conscious decision in my head it was a clean break and the chance to start my life over again. So, for me it was very easy."
They managed to end their marriage for under £500 by using a website to help them end their relationship.
Katie has been married three times (ITV)Kieran said: "We did it all online. We used an online divorce company, so I found them, I paid for it, got it all setup and all Kate had to do was sign the paperwork, and send it back," adding: "I'm not even joking, it didn't cost any more than £500, because there was no legal battle."
While the glamour model turned TV personality has walked down the aisle three times, she has been engaged on seven occasions.
Katie has previously been engaged to on-off beau Carl Woods after he popped the question in 2021.
She has also been engaged to Kris Boyson, Leandro Penna and Warren Foreman.
In a recent episode of her podcast, Katie revealed she had bought her own ring during her engagement to model Leandro after being unimpressed with the bling he proposed with.
She told her podcast The Katie Price show: "Get to the ring, I tried it on and I remember thinking, 'This is so s**t, this is awful'. Tiny little thing so then he went to my jeweller Bill, he's done stuff for The Queen and all of that.
"He made a ring, but I had to pay for it myself and Leo never paid him."