Katie Price splashes out £10k on a new HORSE after bankruptcy

KATIE Price has splashed out £10,000 on a new horse – despite being declared bankrupt.

Katie, 42, has snapped up a new dressage horse from overseas and has also been looking at ponies for her youngest daughter Bunny, six.

"She's wanted a new horse for a long time as Wallis, her current horse, is getting on a bit," a source exclusively told The Sun.

"This year she wants to get seriously into competing again, so last week she bought a younger horse, that's arriving next week.

"When it comes to horses, money is no object to Katie – it's a worthwhile investment in her eyes."

Katie was unavailable to comment when contacted by The Sun.

Speaking to Your Horse magazine last month, the mum-of-five said: "I’ve been looking in Holland for another dressage horse for me."

She added: "I’ve recently looked at a pony for Bunny too; the pony is 16, and I think people think that’s old for a horse, but they still have so many years left in them."

Katie, who has just got engaged to her partner Carl Woods, was declared bankrupt in 2019.

At the height of her fame, she was worth an incredible £45million.

But in recent years, Katie managed to fritter it away on houses, marriages, cars and cosmetic procedures and she ended up with spiralling debts.

But speaking last month, the former glamour model claimed that bankruptcy is the "best thing" that ever happened to her.

Katie told OK! magazine that she no longer feels under pressure to hand out money to people who claim to need it.

"I’ve been sucked dry in the past," she said. "I was mentally abused and broken by everyone.

"It’s not like I have skeletons in my closet but everyone tried to get everything they could out of me.

"But now, I can go to sleep at night and I just think, ‘F**k it’. My bankruptcy is the best thing that’s ever happened to me.”

Katie shot to fame at the end of the 90s as a glamour girl called Jordan, but she quickly managed to establish herself as a savvy businesswoman.

She built her empire through anything that would sell, which included books, reality TV shows, perfumes and even horse riding gear.

But sadly her fortune depleted and Katie was declared bankrupt in November 2019 at the High Court.

Since then, however, Katie has been working hard to build her empire back up.

In March, the star put her name behind a money-making beauty business venture called Katie KP Limited.

Along with her Scented By Katie Price bath bomb company, she has clothing lines with Carvella UK, JYY London and her own children's boutique Princess & Bunny.

Katie has also flogged her own clothes, shoes, accessories via the online fashion marketplace DEPOP to make cash.

She also lists her kids' clothes for as little as £3 an item and even sold her old sofa for £1,500 on the website.

The star makes a regular income from numerous paid partnerships on social media and has flogged personalised video messages to fans for £150 each.

Earlier this year, Katie even earned a cool £5,000 by hosting a virtual Girls Night In with fans on Zoom.

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