Mariah Carey reportedly squanders millions on 'obscenely expensive' purchases amid extravagant lifestyle
LOS ANGELES, CALIFORNIA: Mariah Carey, the Queen of Christmas, is allegedly spending her fortune heedlessly.
Carey, 54, allegedly spends up to a million dollars a month on so many pointless purchases that she is unable to even open all of her packages, according to sources.
"Mariah used to be more cautious with her money," insiders told the National Enquirer.
"She was always extravagant but there were at least some limits, but not anymore," sources reveal.
Mariah Carey lives her life to 'spend money'
A source says, "Now it seems like she just lives her life to spend money. No price tag is too high — and the more expensive and exotic something is, the more she likes it," as reported by RadarOnline.
The singer, who has an incredible net worth of $340 million, is rumored to make a staggering $3 million a year from her Christmas hit song, 'All I Want for Christmas Is You'.
According to sources, she spends it quickly on "obscenely expensive" designer dregs and champagne crates, treating it like wild money.
Insiders claim that Carey "loves to spoil everyone in her life at Christmas and orders gifts all year long to stockpile."
"She has multiple rooms full of gifts. She's very generous with everyone in her life, especially herself," the tipster said.
Even though the songbird is known for being "generous" with her wealth during the holidays, her purported gift-giving did not compensate for her compulsive online shopping.
Mariah Carey 'orders things online and gets so many packages'
"Mariah orders things online and gets so many packages she doesn't have time to open half of them. It's appalling!" the insider continued. "It's so over the top and wasteful but she can't seem to stop."
The tipster claimed that the high-maintenance diva, who has 12-year-old twins named Moroccan and Monroe with her 43-year-old ex-husband Nick Cannon, also lavishes money on an enormous staff.
"She even pays someone to fan her while she gets her makeup done! Mariah has a very entitled view of herself, so to her this is the treatment she deserves," the source added.
Carey can afford to throw a ton of money down the drain, but sources say she fears that her growing ego will bring her down.
Mariah Carey can waste a million a month
"She can waste a million a month if she wants to — and she does," a source claimed.
"It's nothing for her to drop $100,000 at the plastic surgeon. If she sees a new sports car, she buys it just to have it in her garage because she rarely drives herself," the source went on to say.
"She acts like the Queen of Sheba and it's only getting more extreme," the insider added.