Superstar Cher has been living her best life with her new boyfriend Alexander “A.E” Edwards but her friends are concerned that she’s showing way too much love to him this early on.
According to a report by @RadarOnline, a close source shared that her inner circle is concerned that she’s been shelling out big bucks supporting their romance but also allegedly his lavish lifestyle!
Now to note, AE has a pretty successful career and is said to making a pretty penny himself. However, sources revealed that although the singer has always been careful with her estimated $360 million bank account, friends allegedly claim she’s been spending way more than she usually does since she’s been dating the 37-year-old music exec last fall.
“Cher’s letting her boyfriend pull all the strings,” said a source. “it’s all about what A.E. and what he wants. She’s been sucked into his lifestyle of parties, late nights, and drinking, and she’s neglecting her friends — mainly because they’re horrified over her behavior.”
“Cher’s splurging on gifts for her man and when he sees something he likes or wants to purchase, Cher’s Amex comes out,” the source added. “She likes dressing him up in the best clothes. She pays for dinner and limos too,” said the insider. “But all this expense adds up and it’s burning a hole through her bank account.”
Before concluding the close source went on to say: “Cher’s still a wealthy woman with hundreds of millions to her name, but even rich celebs can go broke if they don’t manager their money wisely,” said an insider. “And the fear is that could happen to Cher. She used to be a penny-pitcher, but she’s thrown all care out the window.”
Now, neither of them have reacted to these claims by “close friends” who just simply appear to be bothered that star is spending more time with her young bae.. and despite all the negativity, it’s clearly not stopping the two and their romance.
The post Concerned Friends Of Cher Claim Her $360M Fortune Is Dwindling As The 76-Year-Old Splurges On New Boyfriend AE appeared first on Hollywood Unlocked .