Mariah Carey, the iconic Queen of Christmas, is reportedly making headlines for her extravagant spending habits that seem to be taking a toll on her staggering $340 million fortune, as reported by RadarOnline.com.
Sources reveal that the 54-year-old singer is currently on an out-of-control shopping spree, dropping up to a million dollars a month on what insiders describe as “useless stuff.”
Once known for being cautious with her money, Carey’s spending has allegedly reached new heights, with “no price tag too high.”
Carey’s spending habits are out of control
Renowned for her holiday hit, “All I Want For Christmas is You,” which reportedly brings in $3 million a year, Carey is said to treat this income as “mad money.”
Insiders claim she squanders it on “obscenely expensive” designer clothing and crates of champagne, living a life seemingly dedicated to spending money.
According to sources, Carey loves to play the role of a generous Santa, ordering gifts throughout the year to stockpile multiple rooms full of presents.
However, her generosity doesn’t seem to make up for her extravagant online shopping habits, leading to an overflow of unopened packages.
The high-maintenance diva, who shares 12-year-old twins with ex-husband Nick Cannon, is also rumored to spend on a supersized staff, including someone to fan her while getting her makeup done.
This alleged behavior stems from what sources describe as an “entitled view of herself.”
Despite being able to afford such a lavish lifestyle, insiders express concerns about Carey’s ballooning ego, fearing that her extravagant habits may eventually lead to a downfall.
Described as acting “like the Queen of Sheba,”Carey reportedly indulges in luxury plastic surgery, spontaneous sports car purchases, and other extreme behaviors.
Barbie unveils Mariah Carey doll
Carey recently announced the release of the official Mariah Carey Barbie doll.
Following the success of the Barbie movie and her “Merry Christmas One and All” tour, the doll captures the singer’s signature style in a glittery red gown, complete with dazzling silver accessories and red high heels.
The officially licensed doll is already selling out on Amazon and Walmart.com, marking another milestone in Carey’s larger-than-life empire.