UK papers are reporting that Lindsay Lohan [photos] is nearly broke after blowing her fortune on hard-partying.
Lohan apparently spent a staggering $7 million in the last year on wild partying with booze and drugs. She earned millions from films like 'Mean Girls' and 'Confessions of a Teenage Drama Queen', but she's spent it even quicker.
Among some of her expenses: $1 million on clothes, $500,000 on a $1,200-a-night suite in Hollywood's opulent Chateau, having personal chauffeurs on 24-hour standby, $350,000 on on luxury cars, $137,000 on rehab facilities in an effort to kick her drug and alcohol problems, $350,000 on legal fees from her two driving under the influence arrests, and $70,000 on tanning and hair styling.
She's been forced to sell both her plush properties - a $3.15 million apartment in LA, plus her $1.1 million New York flat because she couldn't keep up with the mortgage payments.
A source close to Lohan says: "Lindsay doesn't have much choice as she is totally broke. The only reason she's coming back to LA, is to earn some money fast."
"She still thinks nothing of blowing thousands of dollars on a single night of partying. And the amount she has wasted putting cocaine up her nose is disgusting. Even she has lost count."