Kate Garraway has disclosed she is facing between £500,000 and £800,000 in debt. These significant financial burdens arose from the, at times, £16,000-a-month cost of care for her late husband, Derek Draper, following his long battle with Covid-19 complications. She has since sold her Islington home to help manage these debts.
Kate Garraway has sold her home in London for £1.7 million as she battles up to £800,000 of debt. The Celebrity Traitors star has faced a slew of money issues in recent months, including racking up between £500,000 and £800,000 of debt from caring for her late husband, Derek Draper.
The Good Morning Britain host, 57, has been handed a £150,000 bill as liquidators close Mr Draper's business. This includes a flat fee of £32,000 plus 40 per cent of assets recovered from psychotherapeutic company, Astra Aspera.
Kate Garraway's GMB future revealed after debt struggles and savage ITV job cuts
How rich is Kate Garraway?
The Sun reported in 2023 that she earned a year from ITV, and had a net worth of £1.5 million. Although, this might not be the case anymore. In 2024, Kate Garraway estimated she had between £500,000 and £800,000 of debts, after paying for her husband Derek's care.
Susanna Reid's net worth is estimated to be around £10 million ($12 million), stemming from her long and successful career as a respected UK journalist and presenter, most notably on ITV's Good Morning Britain, where she reportedly earns a significant salary, making her one of the highest-paid women on British TV.
What was Kate Middleton's net worth before marriage?
Before she got married, Kate was already relatively well-to-do. Her family inherited a trust fund that in 2014 was worth more than £3 million ($3.7 million), according to the Daily Mail. When Kate was born, her father, Michael, was a flight dispatcher and her mother, Carole, was a flight attendant.
'Good Omens' Star Michael Sheen Spends His Own Cash To Write Off $1.3 Million In Debt Owed By 900 Residents In His Hometown - IMDb. British actor Michael Sheen spent £100,000 to write off £1 million ($1.3 million) of his neighbor's debts.
No, Richard Madeley does not smoke anymore; he quit over two decades ago after a powerful interview with John Diamond, Nigella Lawson's first husband, who was dying from smoking-induced throat cancer, which left Madeley "so shaken" he never smoked again, though he still deals with lingering health effects from his past heavy smoking habit (around 60 cigarettes a day).
He was subsequently acquitted of all shoplifting charges. Madeley attributed the incident to a lapse in memory, stating that he had simply forgotten to pay for the champagne while going through the checkout.
Richard Madeley has recently dealt with COVID-19, which led to him missing time on Good Morning Britain in late 2025, and previously suffered a perforated eardrum after a COVID infection, causing temporary deafness and difficulty presenting. In 2021, he also had to quit I'm a Celebrity...Get Me Out of Here! due to a sudden illness that led to a hospital visit and broke the show's COVID bubble, though he was fine afterward.
It has been reported that she is selling her second home, a £2 million townhouse in Islington, north London, to pay off some of her debts. However, it appears her money troubles aren't over as the company she set up in 2021 to handle her media earnings has reported losses of £288,122 in 2024, MailOnline reported.
Claudia has become one of the highest-paid TV presenters of 2025 with her current net worth estimated to be nearly £9million. Some of her most popular TV shows have been: Strictly Come Dancing. The Traitors.
Yes, the Middleton family is still considered wealthy, though their primary business, Party Pieces, faced financial difficulties and was sold in 2023 after going into administration; however, their wealth stems from inherited family trusts and their successful business ventures, positioning them as multi-millionaires, with Carole and Michael Middleton's combined wealth estimated to be significant, even after the business sale, and Kate herself is part of the royal family, adding to the overall wealth associated with her.
Chapter 7 bankruptcy is typically removed from your credit report after 10 years, while Chapter 13 bankruptcy is removed after 7 years. Filing for bankruptcy can significantly impact your credit score, but rebuilding is possible through timely payments, co-signers and becoming an authorized user.
Chapter 7 will remain on your credit report for up to 10 years, while Chapter 13 will remain for up to seven years. Having a bankruptcy on your credit report will make it more difficult to borrow money or obtain a credit card in the future. You can begin to rebuild your credit by consistently paying your bills on time.
In 1992, Newton filed for Chapter 11 bankruptcy to reorganize an estimated $20 million in debts, much of which was accumulated while suing NBC for libel; he claimed the network had reported that he partnered with the Mafia to buy the Aladdin.