Katie Price Net Worth, Career and Bankruptcy [2022]

By Hikaru Y On Mar 27, 2022

$40 million is the estimated net worth of British-born model Katie Price. Modeling for the British tabloid newspaper The Sun has made Katie an international star. It was her semi-naked and naked photos in the magazine that cemented her reputation as a bad girl, and she became an instant sensation in the media.

In addition to her work as a writer, singer, and reality TV star, Katie Price runs a successful business. She has created apparel and accessories lines and is connected with a number of charitable organizations as part of her many business endeavors. Katie is the author of a slew of works, including memoirs and picture books for children.

She has amassed a fortune by capitalizing on the renown she gained as a model and turning it into a reliable source of income. In the United Kingdom, she is often recognized as the most popular reality television star. She enjoys a lavish lifestyle that includes multi-million dollar residences, high-end cars, and top-of-the-line horses. Katie has three children and is currently romantically linked to Leandro Penna.

Early Life

The 22nd of May, 1978, saw the birth of Katrina Amy Alexandra Alexis ‘Katie’ Price in Brighton, East Sussex.

Ray and Amy Infield only have one child, Price. Italian, Spanish, English, and Jewish ancestry can be traced back to her family. Price’s maternal grandmother was a Jew, but she does not practice Judaism as a faith.

East Sussex’s Blatchington Mill School educated her. At the regional level, she was a standout swimmer for the Sussex County Aquatic Club. While she was growing up, she also developed a love for horses and horseback riding.

Career

Starting a modeling career was Pirce’s goal once she had professional photos shot. As “Jordan” in The Sun in 1996, she made her first appearance on the newspaper’s front page.

Her surgically enlarged breasts made her a household name. She got her first breast augmentation surgery at the age of 20, and since then, she’s had a slew of them.

Besides the Daily Star, FHM, Playboy in the UK, Nuts, Maxim, Loaded, Vogue, and Esquire, Price has been in all of these publications on a regular basis and ran for the UK general election in Stretford and Urmston in 2001.

She’d already been on ‘The Big Breakfast,’ which aired early in her career. ‘The Jordan Workout’ was released in December of 2005.

On the third season of “I’m a Celebrity… Get Me Out of Here!” she competed

During the months of January and February of 2004, ‘Get Me Out of Here!’ She met Peter Andre at this event.

Katie Price is expected to have a net worth of $1 million by the year 2022.

Expensive life habits

This is according to a 2019 allegation from the Sun that Price spends £25,000 annually on plastic surgery, £12,000 a year on hair extensions, and £1,500 every other week on manicures. She would spend hundreds of pounds a month on facials, massages, and anti-aging treatments, among other things.

Price also invested a significant amount of money in her dream farm. Kieran Hayler’s full-time job required her to invest £190,000 on the setup she bought for him, according to the Sun.

As the Mucky Mansion was kept warm all day, she racked up huge heating expenses, according to the report.

Known for spending a lot of money, she spent £2,000 on Christmas decorations since she feared it could have been her mother’s last one.

There have been many queries about how Price pays for her holidays, which have always been a key part of her business. Once again, she flew to Turkey with her fiance Carl Woods in the heart of her financial difficulties in 2021, this time to St Lucia with her family.

As her financial condition deteriorated, Price was forced to sell off several of her pink vehicles, as well as her collection of horses and llamas, which had become an iconic element of her image.

Legal and family costs

As a result of her ex-husband Alex Reid’s claim that Price had shown individuals an explicit video of him while filming Big Brother, Price has been forced to pay him £150,000 in legal fees.

With her three divorces, from Peter Andre, Alex, and Kieran, she’s built up a fortune in legal fees, as well as finding herself in serious water with HMRC over unpaid taxes.

Before her bankruptcy, Katie had been warned to cut back on frivolous spending. Despite this, she continued to buy designer clothes for herself, lavish gifts for her children, and extravagant presents for her toyboy lovers, including her then-husband Kieran a brand new £70,000 Audi with a personalized number plate.

Loss of big TV and big earners

According to reports in the Mirror, some of Price’s most lucrative TV partnerships have gone through the cracks, while her modeling chances reportedly dried up in 2018. When she appeared before the court, she claimed to have “lost everything.”

For her role on Celebrity Big Brother, Price received an estimated £400,000, according to Digital Spy, but work as this has since dried up as well.

Katie met Peter Andre on I’m A Celeb, and they went on to have a reality television program together. The show, like the couple’s romance, was a tremendous hit, but it had to come to an end.

It was rumored in 2019 that Price will receive a six-figure deal for the fourth season of her hit show Katie Price: My Crazy Life, which had been her most stable source of income for the previous 11 years.

In the past few years, her jewelry and other cosmetic products haven’t brought in as much money as they used to. House of KP became silent in 2019 and she resigned from her second clothes brand, KP Boutique, in the same year, after making just $13 in profit.

Katie Price Bankruptcy

Katie’s fortune surpassed $40 million at the height of her career in the mid-2000s. Surprisingly, Katie squandered the majority of her income during the next decade. Her finances were in such disarray in June 2019 that she was compelled to petition for bankruptcy debt restructuring, which was granted by a U.K. court.

Dozens of creditors are said to have lined up to pursue repayment of Ms. Price’s obligations. According to her bankruptcy agreement, she would repay what she owes at a lower rate. She was also said to owe millions in taxes.