Lindsay Lohan Has No Money

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bill-swift - October 16, 2007

So guess what happens when all your movies are shit, you buy too much crap, and snort too much drugs. Turns out you go broke, and that's just what happened to Lindsay Lohan. According to The News of the World, in fact, it has gotten to the point where Lindsay must sell her New York and Los Angeles apartments just to stay solvent.

A source close to the star revealed: "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."

She lived for most of last year in Hollywood's opulent Chateau Marmont hotel, spending $450,000 on her $1,200-a-night suite, as well as another £500,000 having chauffeurs on 24-hour standby. Added to that were endless bottles of Cristal champagne at $550 a pop--until the unpaid bills got too much and she was evicted.

Hard-up Lindsay has had to sell both her plush properties--a $2.85MILLION apartment in LA, plus her $1MILLION New York flat--because she could not manage to keep up with the huge mortgage payments.

Another $350,000 has gone on luxury Mercedes and BMWs, followed by huge bills for expensive lawyers to defend her on drink-driving and drugs charges.

She spent $1MILLION on clothes, $70,000 on tanning and hair-styling and well over $500,000 on partying. All this resulted in three separate spells in rehab--racking up bills of $30,000, $45,000 and $62,000 for each stint.

The source added: "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."

Oh poor Lindsay Lohan. Literally. Though you won't actually get much sympathy from me. Who the hell lives in a hotel for a year when they actually have an apartment down the street. And didn't she have some huge mansion or something, too? I hear cocaine is pretty expensive too.

Though, if you ask me, I think she spent a little more money while in rehab, because she definitely didn't have that ass when she went in.

More pictures after the jump.

Photo credit: Splash

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