celebrity

From a $85 million fortune to bankruptcy: The rise and fall of former glamour model Katie Price.

 

Katie Price.

Jordan.

The woman who tried to launch a singing career with a rendition of Aladdin’s ‘A Whole New World’ alongside then-husband Peter Andre.

Or the British celebrity who has had a reported nine breast surgeries (both augmentations and reductions).

At the height of her "Jordan" phase, her breasts were augmented to a 32FF. Image: Getty.

However you remember her, there are few people in the world who wouldn't have read at least one story about the model-turned-household name Katie Price.

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Her stardom has been dotted with reality TV appearances, salacious headlines, and forays into seemingly random industries... including politics (briefly) and launching a line of equestrian clothing.

As my British colleague shared today, it was rare a day would go by that Katie wasn't on the cover of a magazine or paper in the UK.

The height of her fame through the early 2000s was, as my colleague suggested, almost unfathomable - which you'd imagine would mean she'd be fairly well off nowadays.

Playboy "Bunny" Jordan with Hugh Heffner, 2002. Image: Getty.
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In 2012, Price's net worth was estimated at £45 million (almost $80 million AUD), but in 2018, she narrowly avoided bankruptcy.

In January 2019, shemade headlines for being so broke she tried to sell the assets that made her famous - her breast implants, as well as undies and bras, to pay a $2300 driving fine.

According to News.com, the implants were the largest she has ever had, and she promised they would come with special message to the buyer from the former glamour model.

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Whether she sold them or not is unclear. But even if she did, it didn't help much.

Price has now been declared bankrupt at a hearing at the High Court in London, after failing to stick to a plan to repay her debts.

According to Digital Spy, the Official Receiver of the Insolvency Service will now take control of her finances and property.

S0 how did one of the most famous women in the UK get here?

Let's dive deep:

What made her so famous?

One of The Sun's most recognisable "page 3 glamour models", Price, who is now a mum of five, began modelling at age 13, but it was under the pseudonym "Jordan" by which she became known.

A 19, she had the first in a succession of breast-enhancement surgeries, increasing her natural 32B to a 32FF. It kicked off her career as a Playboy Bunny and a UK media personality throughout the late '90s and early 2000s.

Jordan's first photoshoot, 1996. Image: Getty.
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She went on to become a regular face on UK TV screens, appearing as herself in drama series Dream Team and Footballers' Wives, releasing her own workout videos, co-hosting several talk shows, and appearing on reality shows I'm a Celebrity...Get Me Out of Here! (twice) and Celebrity Big Brother.

Price has also been the subject of many documentaries about her life, has written two novels, and a series of children's books.

She ran as a candidate in Stretford and Urmston during the British General Election in 2001. She gained 713 votes, 1.8 per cent of the votes cast.

In 2005, Price married Aussie singer Peter Andre, who she met on I'm a Celebrity.

Price and Andre were, to say the least, an iconic couple.

Never forget, circa 2004. Image: Getty
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They had two children together - Junior, 13, and Princess, 11.

Price already had a son with former footballer Dwight Yorke - Harvey, who is now 16. He was born blind and has Prader-Willi syndrome, which affects intellectual development and appetite - often leading to obesity.

In 2009, Price and Andre split, and she married MMA fighter and former Hollyoaks actor, Alex Reid. The same year, Price told The Sun she had previously been raped by a "famous celebrity", but had not reported the incident.

Katie Price and Alex Reid with her children Princess and Harvey. Image: Getty, 2009.
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"I was raped by a celebrity but no, I’ll never name him," she told the publication.

"I just don’t want the drama. I don’t even know if he knows that I’ve spoken about him, I doubt he does."

The incident is said to have happened before Price met her former husband Andre in 2004.

In 2011, Price left Reid, and in 2013, she married actor Kieran Hayler, with whom she has two children - Jett, five, and Bunny, four.

They split last year, after Hayler had a series of affairs, including with two of Price's close friends and the couple's nanny.

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Katie Price and Kieran Hayler, 2017. Image: Getty.

Financial woes and legal battles

Though Price was once worth millions, she filed for bankruptcy last year and was granted three months to pay off her debts, which reportedly totalled more than $445,000, some of which she owed to tax.

Katie Price with her son Harvey. Image: Getty.
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On August 15, 2018, it was claimed by The Sun that she had asked Andre for financial help, and later that month, the publication reported she was trying to sell her $3.6 million home.

The British media reports Price blames her money troubles on her exes, particular Hayler, who sources say she accused of stealing gym equipment amid the tumultuous split.

Her latest attempts to raise money by selling her breast implants, underwear and old clothing comes just two days after she appeared in court for crashing her pink Range Rover in October last year.

She was given a $2300 fine and banned from the roads for three months, and will stand trial next month for the alleged drink-driving offence - which could incur further fines and court costs.

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Katie Price at an event in London, 2017. Image: Getty.

The reality star reportedly begged the judge not to ban her from driving because it will cause "a lot of hardship" for her when she tries to visit her terminally ill mum Amy Price, who has been diagnosed with a lung disease.

The court also heard Katie needed to drive her son Harvey to hospital appointments regularly.

In November 2019, after failing to stick to the repayment plan agreed by the court, Price was declared bankrupt.