Heather Mills admits her divorce settlement money is gone

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Two weeks ago, The Daily Mail ran a rather sordid expose on Heather Mills’ financial situation, now that a few years has passed on Heather’s approximate $50 million divorce settlement from Paul McCartney. The Mail had several sources that claimed that Heather was running through the money rapidly, spending extravagantly on lavis vacations, personal assistants, beauticians, stylists, trainers, flights all over the world and the best of everything in her half-dozen properties – which, at this point, means that the bulk of whatever fortune she has left is in property. Note: charitable giving was not one of the major expenditures, although there is some proof that Heather gave away around $3 million in the past year. Anyway, some of you thought The Mail was talking out of their asses, but Heather is now confirming that she’s pretty much run through the divorce settlement:

HEATHER MILLS has spent the majority of her £24.3 million divorce settlement from SIR PAUL McCARTNEY – in just 22 months.

The couple separated in 2006 after four years of marriage, leading to an ugly public divorce battle.

The union was officially dissolved in 2008 and the former Beatle was ordered to hand over part of his fortune to Mills, as well as annual payments for the former couple’s young daughter, Beatrice.

But Mills admits most of the cash has now gone.

She says, “Most of it’s been given to charity, gone into ethical businesses or paid for a couple of ­properties for my daughter’s future security. I could never sit with millions of pounds in the bank that could make matters change.”

[From The Daily Express UK]

I can’t even imagine what it’s like to have that kind of money and to spend it all so quickly. Surely Heather is mentally ill? I mean, isn’t this kind of compulsive spending a signal of larger mental problems? Oh, and I don’t buy that “most of it’s been giving to charity”. As many have pointed out, there is little to no proof that Heather gives away even a fraction of what she claims. Her own charities are in financial ruins, and Heather has well-documented delusions, as judged by her tax returns, which revealed that she never gave anything to charity before the year 2000. Now I’ve got to wonder… do you she’ll go to Paul and ask for more money? She’ll say it’s “for Beatrice”. But then she’s “give it charity” probably.

Heather Mills at the National Television Awards in London on February 1, 2010. Credit: Daniel Deme/WENN.com

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51 Responses to “Heather Mills admits her divorce settlement money is gone”

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  1. Sigh. says:

    I admit that I rarely paid attention in math, and am too lazy to google dollars to euros conversion, but I am almost positive that $50 mil – $3 mil does not = “most of it’s been given to charities.”

    But then again, I sucked at word/story problems, too.
    And I don’t know how much KARMA charges in taxes.

  2. Beth says:

    Considering that Paul McCartney is Beatrice’s father, there is no concern for her future financial security. I will never understand how people can go through money so quickly. Especially when they don’t have a steady job(reality shows don’t count).

  3. Dorothy says:

    LOL Sigh

    WTF??!! How could Paul have even been with her?? I think she saw him grieving and went in for the kill, that is the only way I can see this relationship.

  4. Johanna says:

    I was one of those people who thought The Daily Mail was talking out of their arse because I could simply not wrap my mind on the fact that someone could blow $50 million in two years, I mean how in the F does that happen?! I thought that people hated her so much because PM was a Beatle & they were taking it way to personal but looking @ her picture now, I get it! I want to strangle her for some reason!

  5. canadianchick says:

    @sigh LOL, time to get a job Heather.

    W

  6. Snarf says:

    One lawsuit all in the name of child support coming up. This bitch is unreal.

  7. mel says:

    all i can say is wow! what a greedy biddy!

  8. lucy2 says:

    Ugh, you KNOW she’s going to go back to Paul for more money. And you know he’s probably already paying big bucks for child support, and she’s probably going right through that. If she wanted to secure her daughter’s future, a trust fund would have been a better option.

  9. LolaBella says:

    This.Is.Karma!

    I laughed at the way she talks about the properties she bought to secure her daughter’s future! What about the trips and the restaurants and all of the other things you bought and squandered his money on??!

    Oh, and Heather – Golddigger FAIL! :evil:

  10. Essie says:

    I don’t know anything about British law but I doubt this woman can go back to Paul McCartney and ask for more money!! There was a divorce settlement granted giving her a share of his money, along with reasonable child support. What is she going to say to the judge? Saying “I’m broke” is not a reason to ask for more money from your ex-husband. The woman is just nuts.

  11. Constance says:

    They ask for more in America. I hope she slips off a pier.

  12. gg says:

    You are never barred from going back to ask the Court for more money. There are frequently good reasons to ask for more, and you have to prove it to the Court. Your lawyer submits his petition, Judge grants a hearing usually, and lawyer pleads your case, which is what they are paid to do. Court either says yes, or no, and costs assessed to Plaintiff or Defendant. :bam! next!:

  13. Maddie says:

    Just like other Lotto Losers who go through all the money with in the first couple of years.

    Heather knew she was not making enough money yearly to be living like the Queen she seems to think she is.

    You can not live off of a settlement, alone, any settlement with out money coming in to support yourself.

    Monthly fees add up at the end of the year, as well as flowers, weekly add on the light bills,, heating bills, staff salaries, car insurance, house taxes, etc etc.

    Her ex Sir Paul can since he is a famous musician still raking in the big bucks just by his name alone and still has royalties coming in from all of his ventures.

  14. Sumodo1 says:

    A pig!

  15. wif says:

    I don’t know why you people are complaining. She put 50 million dollars into the economy in the past two years!!!!! That’s impressive. As for what happens to her now that she’s broke, I don’t give a damn. I’m positive that Beatrice will be taken care of by Paul. And I’d rather have that money moving around the economy than in her grubby bank account. I’m good with this.

  16. jm says:

    this bitch is the female Monty Brewster

  17. snowball says:

    Well, she was whining that people were calling her a fantasist. I guess we have proof now that she is batship crazy and a compulsive liar.

    Judging by that hideous face up there, the person she hired to do her makeup is completely incompetent.

    $50 million? If she wants to take him to court again, maybe Paul can get sole custody of his daughter.

  18. Lady D says:

    Couldn’t happen to a nicer person. I too hope PM gets the kid.

  19. Ana says:

    Wow….just wow!

  20. Cinderella says:

    She will never be “broke” as long as Beatrice is a minor. She’s still getting more than ample child support.

    But she is an idiot for mishandling her settlement. Seems like she bought some expensive real estate in NY thinking she was going to have a career here after DWTS. Yeah, that worked out.

  21. Victoria says:

    Banking on her becoming a “star” (either here or in the UK)after she divorced PM has always been her downfall. She’s tried everything-no one likes her.

  22. lucy2 says:

    ITA Victoria. At some point you’d think she get that, that no one wants her for anything, and she’d have just taken her millions and gone off to live quietly somewhere. That money should have lasted her several lifetimes, not just several months.
    But I think people like that get a taste of the celebrity world and can’t let go.

  23. Ggirl says:

    Clearly she should have spent some of that fortune on her mental health. Oops! I forgot… Heather doesn’t have any problems. It is always somebody elses fault. BTW I hope one of these days, Sir Paul gets custody of little Beatrice. The thought of that creature raising a child is truly frightening. Also, she wasted her resources on the so called beauty advisors. Like a lot of women who mess with their faces too much, she now looks horrible.

  24. You Go Girl says:

    yeah she’s given it to charities!
    funny, maybe one’s she owns and benefits from.
    the real heather is on show now, the gold digging slag that she always was, with her filthy porn past.
    if i had that sorta dough, my next 3 generations would be well off, let alone just me.
    suck it woman! you deserve no sympathy at all.

  25. snapdragon says:

    selfish cow.

  26. You Go Girl says:

    also; mccartney is a billionaire, like SHA HAS TO WORRY about bea’s financial future!
    what an idiot!

  27. The Bobster says:

    At least we know she didn’t waste it on that haircut.

  28. corine says:

    Poor Paul, I can just imagine her using Beatrice as a pawn as an excuse to secure more money from him. She already said that 50 million wasn’t enough for her and complained that Beatrice will live a lesser life than her father. I don’t think Paul will ever hear the end of it from her. What a hideous person!

  29. You Go Girl says:

    the bobster!
    what a crack up, awesome post, love yer humor man!

  30. elvisgrace says:

    That has to be one of the most god-awful shades of lipstick I have seen in my life.

  31. GatsbyGal says:

    She has a kid! WTF is wrong with her? She should have set, like, 1/3 or more of that 50mil aside for her daughter to have when she got older. I can’t even fathom what you’d have to even DO to spend almost 50mil in a few years, short of buying a country.

    If anyone had any doubts she was golddigging Paul McCartney, here’s your proof – all she cares about is having money to spend.

  32. gg says:

    She looks like a drag queen in that photo.

  33. Bete says:

    Oh god…I feel a tell-all biography coming. How else will she make the money? She is too old and scraggy for soft porn layouts and no millionaire or billionaire will ever consider her as a valid option.

  34. TG says:

    I may be in the minority but I don’t think the parent that makes the most should have to fork over their money to the other party disguised as child support when most states to my knowledge do not require the person receiving child support to account for how they spend it. How do you know the money is really going to support the child? That’s why people should think long and hard before they have sex with someone and before they decide to have children with that person.

  35. Rianna says:

    I am a mother of a 3 year old daughter. For the first 2 years of my daughters life I did it all by myself (my hubby is not my daughters biological father). I work in the food industry and earn a modest 30,000 a year yet I am able to pay all my bills on time, give to charity, have a little extra for holidays and such as well as set up a tiny savings account for my daughter so that when she is 18 or so she will be able to buy something nice for herself. As far as I am concerned Heather Mills is a worthless, greedy, limpy, pig-faced bitch who is only thinking of herself. She does not need a personal staff to look after her. I get up every morning and look after myself and my daughter quite happily. She does not need fresh flowers every day, expensive holidays to Switzerland and 200,000 dollar cars. Children do not remember things like that. She simply does not have any money sense at all. She doesnt understand “saving for a rainy day” because she has never had to live on canned beans for a week, go without take out for 6 months or be so broke that you are putting things back on the shelf out of your grocery cart. Heather lives in her own little world where she is a Multi millionaire princess who has everything handed to her on a plate. I never want to wish harm on another being but I wish that she could walk a mile in my shoes and see how the real world is.

  36. Kylie says:

    What an IDIOT! And that lipstick! Hello Heather its not 1980 anymore!

  37. Amy says:

    Note to self: I will never call a woman a bitch, no matter how bad her behavior is.It’s just not right.

  38. GatsbyGal says:

    @Amy – Don’t take the high road here, this woman deserves every cruel word.

  39. trashaddict says:

    OK Amy you can leave the name-calling to the rest of us.
    Heather could have taken 10 mil out and kept some charity going on the interest alone probably.
    How can she be smart enough to bag Paul McCartney and yet so darn DUMB?!

  40. Orbit says:

    Some of her expenses were just silly, such as £3,000 a week for a team of Bavarian woodworkers to sand and lacquer her leg.

  41. Lia says:

    Her excuses don’t really make any sense. $54 million in less than two years? She doesn’t have a leg to stand on…..

  42. Janet says:

    It is refreshing to see how many people here ‘get it’. I really wish some paper would reprint the divorce judgement so that when she gets on tv tomorrow night and gives her woe is me story that the rebuttal will be harsh and fierce. Her maintaining that because she married a Beatle she became hated. Well how does that explain, Cynthia, Patti, Maureen, Olivia and Barbara? Are they hated? And Paul’s current girlfriend? Not a word about her, because there hasn’t been a word from her and there isn’t a lifetime of lies to dissect. The woman is ill and I’m hoping she does breach the confidentiality clause and the haul her to jail. At least she won’t have to worry about money then.

  43. Aussie Mama says:

    Tell all book coming?
    Don’t think so, part of her settlement was that she keep her mouth shut about Paul.
    Orbit!!!
    Awesome post man, what a cracker!

  44. jmix says:

    She’s older now and won’t make as much,but,she can go back to being a hooker.

  45. Kate says:

    She obviously has a problem with money and telling the truth. She has always said she gives her money away but then people find out she is lying. I feel sorry for Paul’s daughter to grow up with this mother who lies so much. She bought a 10million dollar apartment in NYC right after the divorce! That is insane. Why spend that much cause it’s almost 1/2 of what she got? Poor Paul, it just doesn’t seem like someone he’d even associate with. It’s so sad that she took advantage of a man who was grieving over the loss of the love of his life.

  46. jmflynny says:

    She could have spent $2M per year, or $40k per week, and still made the money last for 25 years. In fact, considerably more because, presumably, a sane person would have been earning compund interest on the majority of the money which was invested.

    Even considering a very modest return, let’s say something as meager as a savings account, she would have earned $750k per year in interest. Invested properly, even in a low-risk venture, she would have easily doubled the amount of interest meaning that….she is clearly fucking insane. A sane person could have lived on the $2M per year in interest and never wanted for another thing in their lives.

    It’s like Brewster’s Millions.

    Yet, mark my word: She will find some other crazy-ass billionaire who thinks he can tame her (she’s just misunderstood, you know) and she’ll take him for a few more million. Problem solved.

    What a friggin looney.

  47. Bandit says:

    I am wondering how she ever thinks she’ll get a dime more out of her ex-husband. Many authors in relationships say men like bitchy women and hate the nice women type, so maybe Paul is attracted to her for that very reason. She is an ex wife, and that is saying a lot, considering Mr. Paul who we so adore, is shacking up unmarried with his new woman. Not anything new in this world’s celebrity order, but still Heather got him, and Miss girlfriend is vainly wishing so,I presume. Well, Miss Bitch shouldn’t have spent all her money, is it really true? I just can’t for the life of me think this story is accurate, and tomarrow they will print a reprieve. Anyway, Miss Bitch certainly has a lot of problems, and I wonder if she’ll be like Fergie, and find help with all her debt!

  48. tom says:

    Ampu-TASTIC!

  49. Bob Caster says:

    I heard she blew a lot of it in investments. She moved to Crabbey Road, started a company called “Crapple” and declared that she would just give away money to whoever had a good idea, so that no one would have to crawl to big business for the money they needed.

    Physiologically, I wonder how Heather Mills crawls. I guess we’ll soon find out.

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  51. Jorge says:

    I can hear it now: ‘Oh Beatrice darling, lend me a million quid till the end of the week’.