Gwyneth Paltrow's Lifestyle Company Is Hemorrhaging Money

So, how much money does Gwyneth Paltrow's company GOOP actually owe?

Not Available Lead
Complex Original

Image via Complex Original

Not Available Lead

It looks like Chris Martin is not the only thing from whom Gwyneth Paltrow will be uncoupling.

According to a RadarOnline report, Paltrow’s lifestyle brand GOOP is in complete and utter financial disarray, due in no small part to Paltrow herself. Despite a relatively successful sales history, GOOP has been incurring astronomical operating costs that have left them at a loss in both 2011 and 2012.

Of the many improprieties the RadarOnline report highlights, Paltrow taking out a $49,025 interest-free loan from the company in 2012 is really the most egregious. There is no reasonable way we should believe that an A-list celebrity and one of the most famous musicians in the world can’t come up with 50 grand between them. Seriously, they probably have (or had) that much in between the couch cushions at their house.

Perhaps revelations like these are a major part of the reason why CEO Sebastian Bishop unexpectedly quit last week. All in, the company lost over $300,000 in 2011 and 2012 and has outstanding debts of over $1.2 million. Ouch.

Since she owes so much money, maybe it’s time for Gwyneth to get back to making movies, or at least get one of those “easy” office jobs

[via RadarOnline]

Latest in Pop Culture