All the ways Katie Price makes money amid bankruptcy
How does Katie Price make money amid her bankruptcy?
Once estimated to be worth £40m, the former glamour model has been declared bankrupt for the second time earlier this year in March over an unpaid tax bill of £761,994.05. At the height of her fame, the mother-of-five was the queen of reality TV of sorts as she had many TV shows and appearances to her name. The first time the star was declared bankrupt was in November 2019.
Now Price's net worth is reported to be worth less than £1m in a stark comparison to her hey day. This month Price faces questions over her finances in London. This week she was absent from the most recent court appearance when her income from TikTok was suspended until later notice.
We take a look at the ways the My Crazy Life star makes money as she tries to repay the unpaid tax bill...
Read more: How Katie Price went from self-made millionaire to selling naked shower videos for £53 (The Telegraph, 10-min read)
TikTok
Price has had her income from social media platform TikTok suspended as she continues to pay off her debt, a judge has ruled. Insolvency and Companies Court Judge Catherine Burton said it was "appropriate" to order the "suspension of further payments" to Price from TikTok amid her bankruptcy.
Lauren Kreamer, who is representing TikTok, said in written submissions that the social media platform had paid £84,000 to Price for a three-month "agreement" where she would "create e-commerce content for use by TikTok in its campaigns". This now has ended.
Kreamer said the £84,000 was paid "along with a sum of £9,989.92 and for much smaller payments, ranging from £18.99 to £277.49" which it believed represented "commissions" generated by third parties making purchases through the platform.
Price has built up a loyal audience of 1.6m followers on TikTok, with 27.1m likes to date, while she only follows 232 accounts.
Read more: Katie Price's staggering TikTok earnings revealed in court as judge rules they be suspended(OK! magazine, 3-min read)
Mucky Mansion
It was reported last week that her infamous Mucky Mansion, which she has called cursed, sold for £1.5m. Price lived there with her five children for more than a decade after buying the 19-room property for £1.3m in 2013. The house has become a personality in its own right, having made headlines over the years with many scandals from fly-tipping to a rat infestation and fires.
In a recent interview, Price said she couldn't wait to get out of the "cursed" Mucky Mansion. She told MailOnline: "I've been wanting to get out of my old house for absolute years. It's been nothing but hell in there. I've not had any luck in that house, ever!"
She added: "I hate that house. Whoever buys it, I warn them, they will get bad luck there. It is absolute cursed. My anxiety got worse with that house. There was a point when I couldn't even walk up the driveway without having a panic attack. I had therapy about the house. I should never have gone back there. Now I'm out of it it's the best thing I've ever done."
Price has been living in a four-bedroom place in West Sussex where she pays the rental fees. It has been reported that the rent figure is £4,995-per-month.
Read more:
Katie Price's Mucky Mansion repossessed after scandals at 'cursed' home
Katie Price's Mucky Mansion sells for jaw-dropping sum - but she won't be celebrating(OK! magazine, 3-min read)
This is Me autobiography
Price has been on the promotion trail for her new autobiography This is Me: The High Life. The Dark Days. The FULL Story. since it hit the shelves in July. In it, she has promised to her readers that she is her most unfiltered and honest self covering what was really happening behind the scenes when she has been in the headlines.
From taking cocaine before a car crash to her biggest regrets, miscarriages and her baby plans, the book sure packs a punch with Price's true account of what has happened in her own words.
Just last week, Price shared her pride at This is Me's incredibly positive reader reviews, writing on Instagram: "My number 1 Sunday times bestselling book, so proud of it and it means the world to see reviews like these."
Writing books has always been a way that Price has made money. The author has an impressive amount of books to her name: now eight autobiographies, eleven novels, two series of children's books.
Read more:
Katie Price's confessions from taking cocaine before crash to biggest regrets
Katie Price, 46, announces bombshell baby news - but it's not with boyfriend JJ Slater(OK! magazine, 2-min read)
OnlyFans
X-rated adult website OnlyFans is another form of income the star has where she recently sold a naked shower video for £53. In February this year, Price was ordered by a judge to pay 40% of her income from OnlyFans into a bank account chosen by the trustee to pay off her debts amid her bankruptcy. She must pay the 40% for three years until February 2027.
Price had previously reached a voluntary agreement over her debts, however later failed to pay the agreed amounts, the court heard.
Celebrity photo agencies
Celebrity photo news agency Backgrid was named in court as one of four companies that provides Price's income. It was named alongside OnlyFans website in February. Backgrid supply photographs - including exclusive pictures - of celebrities all over the world to newspapers from A-listers to reality stars.
Documentaries
Cameras have followed Price for much of her life in the spotlight. Over the years, the mum has made documentaries as well as fly-on-the-wall reality TV shows. One that especially charmed viewers was her documentary Harvey and Me with the BBC which was deeply personal about Price's relationship with her disabled son as he marked a huge milestone in his life - turning 18.
Recently, Price has lifted the lid on her latest TV plans. When she was away in Istanbul, Turkey, having her 10th facelift reported to be worth £10,000, she said she was away "working for a documentary on corrective surgeries". This was why she failed to attend the court hearing and subsequently a warrant for her arrest was put out resulting in her arrest at Heathrow Airport when she touched back down in the UK.
As well as the cosmetic procedures documentary, Price had shared her hopes that she would be making a mini documentary series about her life for Netflix. On the promo trail for her new book, the TV star kept repeating the story about the streaming giant.
From book launches to radio appearances, Price shared her excitement about doing a three-part series on her life. She told told MailOnline: "I'm doing my life story for Netflix. I am actually doing a three-parter about my life for Netflix." In another interview she told HitsRadio (via Evening Standard), "I can’t wait to have my life on Netflix as a three-parter."
However, Netflix shutdown the story in conversation with Yahoo. A Netflix spokesperson has told Yahoo: "Netflix is not doing a documentary with Katie Price." Over the past year, the streaming giant has enjoyed success with documentaries about UK celebrities including series with David Beckham and Robbie Williams, however it looks like a deal with Price to tell her story has not been made. It's not known whether Price is still working on a three-parter or whether the documentary idea has been shelved as a result of Netflix's disinterest.
