Cher Reportedly ‘Burning Through’ Her Children’s Inheritance Because Of Boyfriend Alexander Edwards

It looks like Cher might not be paying much attention to her bank account these days. There’s a new report that suggests the former chart topper might be burning through her children’s inheritance, and this is all because of her new boyfriend, Alexander Edwards. Keep reading below for everything you need to know.

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Cher Reportedly ‘Burning Through’ Her Children’s Inheritance Because Of Boyfriend Alexander Edwards

According to The Globe, Cher is acting like a sugar mama to her boytoy Alexander Edwards, but if there are two people who are not appreciating this, it’s definitely her children, Chaz Bono and Elijah Blue Allman. Both are worried that she’s spending way too much money with the young music producer in order to keep up with his lifestyle.

One source close to the situation even put it this way, “It’s a nightmare for Chaz and especially for Elijah, who, though they would never admit to it, are counting on inheriting a mint one day.

Cher has always been so careful about her money, but now she’s throwing it at this guy and funding his over the top lifestyle. She’s spoiling herself with fancy jewelry and fancy cars, and treating those around her – AE included – to lavish gifts and whatever daily expenses he wants to put on her tab.”

The tipster added, “Everyone’s horrified by her behavior. She’s partying every night with this guy and shopping every day, and it’s burning a hole in her bank account. Everything is about making AE happy, and she won’t hear a word against him.”

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Cher Is Blinded By Love And It’s Costing Her A Lot Of Money

If that weren’t enough, Cher’s new spending habits are putting her kids’ inheritance payoff in jeopardy, too. The source added that the way Cher is going through her money, there won’t be much left of it. The insider said, “She’s even talking about investing with AE and his friend Tyga in a massive new music venture.”

So far Cher herself has not made any comments about the matter but it’s pretty clear that her loved ones are very worried about her.

Tell us celebrity gossip fans, how do you feel about this story? Contribute to the buzz by dropping us a line with your thoughts in our comments section below. Also, come back here for all the latest news about your favorite Hollywood and reality television stars right here.

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  • Deborah West

    Cher it’s your money spend it you’ve earned it .. spend your money and have fun

  • Vicki

    Cher is certainly his “Sugar Mama” No Doubt about it!
    But Hey Its Her Money!