How Lindsay Lohan Spent And Partied Her Way To The Poorhouse

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Once upon a time, there was a lovely teenager who was launched into stardom after she appeared in the comedy “Mean Girls.”

That teenager was Lindsay Lohan.

Fast forward to 2010 and things have changed a lot since “The Parent Trap” and “Freaky Friday.”

Lohan is a disheveled mess and rumoured to be in serious financial trouble.

Now 23, the actress has been to rehab three times in the past five years and can’t make movies due to insurance companies seeing her as the ultimate liability.

Her gossiping friends say she’s blown through all her money. Says Hollyscoop:

The money that she has isn’t really there anymore. There’s no money saved up. Its not hard to go through 5 million dollars, especially if your Lindsay Lohan.

What happened?

In our latest look at how celebrities go from rich to broke we chronicle…

The downfall of Lohan ->

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[slide
permalink=”a-very-expensive-drug-habit-1″
title=”A very expensive drug habit”
content=”Lohan is known for her partying. In fact, one could argue that she is one of the hardest partying celebrities of all time. According to Hollyscoop, Lohan’s coke habit reportedly cost her anywhere from $3500-$5000 a month:

There were reports a few days ago back that Lohan was allegedly spending about $5,000 a week on drugs, but our ‘source’ insists that this figure is reportedly closer to about $3,500. The last few months Lohan was allegedly “spotted” narcotics, because she’s in debt to the people who are supplying her, but no one’s really giving her a hard time because she’s Lindsay Lohan. The source added that Lohan is apparently in $30,000 debt for narcotics.

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[slide
permalink=”the-high-maintenance-dj-girlfriend-2″
title=”The high-maintenance DJ girlfriend”
content=”Samantha Ronson, DJ and sister of musician Mark Ronson, dated Lohan in a high-profile relationship during 2008. Reports are always surfacing that the two have either broken up or still together. No one truly knows for sure.

Both liked to drink and party into the wee hours of the night. Additionally, Ronson and Lohan could frequently be found overseas at various clubs where Ronson was DJing. Travel expenses and nightclub expenses no doubt added to Linday’s financial woes.

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[slide
permalink=”insurance-liabilities-3″
title=”Insurance Liabilities”
content=”When you shoot a film, the producers are required to obtain insurance. When Lohan was set to shoot her direct-to-DVD movie ‘labour Pains,’ she was almost uninsurable according to Celebitchy:

“labour Pains” producer Rick Schwartz kept getting turned down by insurers, an informed source tells us.

“[Schwartz] could only find one insurance company to cover her, and even then he really had to vouch for her.”

As Carrie Fisher wrote in “Postcards From the Edge,” actors with a history of drug and alcohol abuse, to which Lohan has admitted, have difficulty getting film insurance. Lohan is still on probation for two DUI arrests last year…’

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permalink=”the-amg-mercedes-benz-4″
title=”The AMG Mercedes-Benz”
content=”At one point, Lindsay thought it’d be a great idea to plunk down more than $180,000 on a Mercedes-Benz SL 65 AMG convertible. After crashing it and running amock in general with the car, Lohan put it up for auction on eBay where it sold for around $111,000 despite being a post-crash vehicle.

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[slide
permalink=”fancy-restaurants-expensive-night-clubs-5″
title=”Fancy Restaurants, Expensive Night Clubs”
content=”If you’re a celebrity, chances are you’re visiting fancy restaurants and popular clubs in an effort to promote yourself. While you may get comped a drink or two, if you’re busy hitting up not one but three clubs a night, chances are your funds will begin to dwindle.

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permalink=”purses-clothes-and-other-expensive-crap-6″
title=”Purses, Clothes, And Other Expensive Crap”
content=”Lohan is a purse fanatic. When she’s not busy having them stolen, she’s out purchasing them from expensive retailers in Los Angeles and New York. rumour has it that when Lindsay’s purse was stolen, she had over $1 million of items inside of it. Keep in mind she’s made around $7 million throughout her brief career.

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[slide
permalink=”the-press-7″
title=”The Press”
content=”If anything helped kill Lindsay’s career, it’s the media and herself. The media is obsessive in its coverage of Lohan’s vices and exploits, like when she was photographed playing with knives (see picture) with a friend. Linday has also been photographed wearing no underwear, doing cocaine, drinking after getting out of rehab, smoking cigarettes despite pimping out a nicotine gum endorsement, and fighting with her girlfriends and boyfriends.

Image: Hacked Lohan mobile phone

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permalink=”a-very-unhelpful-family-8″
title=”A very unhelpful family”
content=”While some like to to hate on Lindsay for her troubles, her family makes her look like an angel.

Her father, Michael Lohan, uses Lindsay in the press repeatedly to exploit her for his own monetary gain. And her mother Dina isn’t much better. Here’s what she said about Lindsay’s constant partying lifestyle:

This [premieres and parties] is the fun part of the business. She’ll be 21 in a few months. Regardless, of course, as a parents, you set boundaries and scold them. But there are these dark stories — she is so misunderstood. All she wants to do is act and have a somewhat normal life. When you’re 20, it’s normal to want to go to The Ivy, to go to the hot stores. She can’t live in a bubble.”

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permalink=”another-mistake-an-ill-advised-music-career-9″
title=”Another mistake: an ill-advised music career”
content=”Many actors think that just because they can act, they can sing too. In some cases, that turns out to be true (Keanu Reeves, Ryan Gosling, Zoey Deschanel), but other times, it ends up being a complete shitshow. Lohan recorded an album back in 2004 called ‘Speak.’ It was panned by critics and considered a commercial failure. While it did ship over 1 million copies (thus being certified Platinum by the RIAA), no one bought it and reviewers didn’t hold back

Steve Thomas from Allmusic.com had this to say about ‘Speak’:

When paired with the loud, relentlessly ProTooled dance-pop and hooky but unmelodic songs on Speak’, wrote Stephen Thomas Erlewine of Allmusic, ‘the whole thing is a slick, ugly nadir of 2000s pop culture — the kind of thing that makes Blue Staters think that, gee, maybe the Red Staters were right when they said the U.S. is going to hell.

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[slide
permalink=”legal-trouble-10″
title=”Legal trouble”
content=”Talk about trouble. Lindsay Lohan has not one, but TWO DUIs under her belt, stemming from 2007. Lindsay would keep crashing her car and eventually got busted for drinking and driving. After going to rehab in January of ’07, Lohan exited and within a month, was busted during a field sobriety test.

She has been to rehab a total of three times. Add the costs of private treatment up with DUI fines, lawsuits, legal fees, and costs and the entire ordeal becomes rather expensive.

Image: DUI List

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permalink=”a-high-price-high-maintenance-boyfriend-11″
title=”A high-price, high-maintenance boyfriend”
content=”Where to begin? This one is beyond easy. Calum Best was trouble from the get-go. The two would constantly party together and reportedly did a ton of drugs. Oh, and when Calum wasn’t busy asking Lindsay for a $100 so he could pick up groceries, he was doing coke with two other women in a hotel room.

Calum supposedly:

-SNORTED lines of cocaine off a glass table while the naked vice girls looked on.
-LICKED the Class A drug off one hooker’s body and let both women pleasure him at once — before romping with each in turn.
-SHOUTED at one of them to “take a f*****g line” as drugs were laid out.

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permalink=”her-films-dont-even-hit-movie-theaters-anymore-12″
title=”Her Films Don’t Even Hit Movie theatres Anymore”
content=”Ask anyone what the last decent movie Lohan appeared in was and they’ll promptly respond ‘Mean Girls.’

After a string of flops that actually made it to theatres, Lohan had to take the low road and start doing direct-to-TV and direct-to-DVD movies, like this one: ‘labour Pains,’ a low budget flick that debuted on ABC Family. Nevermind that she could barely get insurance for the film, Lohan’s acting leaves much to be desired.

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permalink=”dont-miss-these-other-celebrity-screw-ups-13″
title=”Don’t miss these other celebrity screw ups:”
content=”How Nicolas Cage Spent His Way To The Poorhouse ->
10 Celebrity Endorsement Deals That Went Way Wrong ->
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