The fabulous life that only bling can bring has finally caught up to Lindsay Lohan. UK papers are reporting that Lohan is nearly broke after blowing a staggering $7 million on partying, alcohol and drugs. Although the actress earned millions from films like ‘Mean Girls’ and ‘Confessions of a Teenage Drama Queen’, 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 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 planning to sell her $3.15 million apartment in LA, plus her $1.1 million New York flat to gain some quick funds, and according to a source close to Lohan, “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.”

I actually think her going broke is fantastic. It’ll finally get her back on the big screen, where she’s actually a pretty good actress.

Lindsay Lohan is fresh out of rehab and hitting the beach as usual. How she looks so good in a bikini when she parties and drinks practically every night, I don’t know. What I do know is that Maxim was onto something when they named her sexiest celeb of 2007.

As long as she’s staying fit, and not prancing around with a huge belly, I’ll be happy to set my eyes on this fabulously rich and famous actress!

Born: July 2, 1986
Estimated Net Worth (2007): $7.5 million dollars

Meet Lindsay Lohan. She’s smoking hot, super rich and she’s only 20. From shopping sprees to luxurious spa treatments to all-night, cross-country partying with Hollywood’s hottest stars, this `it’ girl knows how to live fabulously. Hold on tight, because you’re about to step into the extraordinary high-end heels of Lindsay Lohan.

She may be a natural beauty, but it takes work -and cash- to keep her gorgeous glow. That’s why, Lindsay and Mom, Dina, rack up $10,000 for their monthly `day of beauty’ at New York City’s luxurious Cornelia Day Spa.

But when you’re young, rich and famous relaxation takes a back seat to all-out partying. Whether she’s racking up $540 tabs at the Spider Club or living it up in the celeb-only section of Concorde with Justin Timberlake & Paris Hilton, Lindsay’s having an absolute blast. But that’s just when she’s in LA, when she hits the town in New York City it’s a non-stop party train from star-packed Suede nightclub to super-exclusive hotspot Cain.

And while Lindsay loves to shop like every other 20 year old, she’s not bargain basement shopping at the local mall. With a wad of freshly-earned cash in hand, this super-teen can afford to buy designer duds by the truckload. Case in point: Lindsay’s shopping spree at Horn Boutique where the starlet dropped a whopping $20,000 on scarves and shrugs in just 20 minutes. That’s $1000 per minute!!

But this teen queen can more than afford it. With a starting salary of $7.5 million per film, a chart-topping album and a slew of blockbuster flicks on the way – Lindsay is racking up the roles, rolling in the dough and living a life that’s downright fabulous.

(Source : VH1)

With the release of a hotties list like the Maxim Hot 100, you know there’s going to be a fab party following it. Many hot celebs attended, but celebrity babe Lindsay Lohan proved why she was crowned #1 this year.

Although she looked great, I wish she would’ve wore something a bit sexier. A rainbow colored dress wouldn’t have been my first choice.

Lindsay Lohan beats Jessica Alba and Scarlett Johansson for Maxim’s top spot on their eighth annual "Hot 100" list. Linsday is definitely cute, but how she beat Jessica and Scarlett, I have no Idea.

Here’s how Maxim Editor in Chief Jimm Jellinek explains it:

“There is no other star in the world (who) causes more of a stir in the public eye than Lindsay,” said Maxim Editor in Chief Jimmy Jellinek in a statement. “Her every move is watched and reported on.”

Jessica Alba had to settle with the No. 2 on the list, which is in the magazine hitting stands Saturday. She’s followed, in order, by Scarlett Johansson, Christina Aguilera, Jessica Biel, Ali Larter, Eva Mendes, Rihanna, Eva Longoria, Fergie, Sienna Miller, Angelina Jolie, Beyonce Knowles and Katherine Heigl.

Celebrity sisters Ashlee and Jessica Simpson are on the list at No. 16 and No. 41, respectively. Ashley Olsen, half of the mogul acting twins, placed 37th, while sister Mary-Kate didn’t make the cut.

The cover of the Hot-100 June issue features a picture of No. 29: Sarah Silverman.