Katie Price/Jordan to declare herself bankrupt this week

Can anyone explain how one can squander a £45MM fortune in such quick order. She describes buying a husband a 100k audi r8 for his birthday, paying off a 50k credit card bill for another, owing HMRC 22k. And here is the best bit spending 2k a month on heating, what!

I imagine all those divorces dilute the pot somewhat.  Not really any different to all those footballers who go bust - immense wealth, noone to advise with honesty, a taste for oppulence that is unsustainable, hoardes of cheeky scammers drawn to prey on high profile/low sophistication (whether thru abject fraud or bad "advice") no idea about tax still less tax structuring (Jimmy Carr, Gary Barlow Kerry Katona...).  

Quite. There was a report recently about PFA mismanagement that said something like 40% of ex premier league players are broke (it wasn’t that exactly but something equally mind boggling). Basically living the high life and getting taken to the cleaners by dodgy advisors. And gambling. 

What was the proof that she ever had £45m to start with?  I’d always assumed that she earned a few hundred grand a year whilst living like she was earning millions.