PHOTOSMore Money, More Problems! Celebs Having Financial Issues
Just because they’re famous doesn’t mean they can balance a checkbook!
Well it’s not exactly her personal finances, per se, but Gwyneth Paltrow’s company, Goop, isn’t doing so well. According to corporate records, the lifestyle website lost $1.6 million last year.
But her competitor, Martha Stewart, is also struggling. According to the latest reports, Martha Stewart Living Omnimedia’s net operating loss grew to $14.6 million from $4 million over the same period the year before, leading to layoffs and real estate cuts.
She invited Skinnygirl but he wallet may be skinny. Friends said Bethenny Frankel’s “out-of-control brand expansion” may lead her to “go broke.” Looks like that Real Housewives paycheck will come in handy!
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Looks like Mary J. Blige’s request for “no more drama” isn’t happening as the singer owes the IRS a whopping $3.4 million in back income tax. Yikes!
He may be rocking fancy clothes but Mike “The Situation” Sorrentino faces up to 11 years in prison for reportedly filing false tax returns on roughly $8.9 million dollars in income. He goes to trail next month.
For more on the story, pick up the latest issue of OK! magazine, on stands now.
