Lily Allen's net worth after exposing David Harbour's alleged affair
With the assets from her divorce with Stranger Things star David Harbour still being finalized, Lily Allen has admitted that her finances have taken a huge hit forcing her back to work
With a brand new album and a tour on the way Lily Allen could be expecting a big cash injection after claiming she is no longer financially stable.
The British chart-topper has seen her finances take a hit after her divorce from Stranger Things star David Harbour. While she has yet to settle the terms of her divorce with the Hollywood star, the benefits of penning her album about their separation are set to help her immensely.
Lily, 40, details on the release, titled West End Girl, how her marriage to David, 50, came to an end as she makes allegations of cheating and of him being jealous of her successful career. The album is her first in seven years and looks set to top the charts.
It is unclear if the former couple had a prenup and the division of their assets is, as yet, undecided. Lily has already claimed she was forced back into work so that she can support her daughters Ethel, 13, and Marnie, 12.
While the New York City apartment she shared with David has gone on sale for $7.99 million, she won't make as much as expected from the four-story, five-bed property, as it still has an outstanding mortgage of $2.5million according to reports. It is also unclear what investment - if any - Lily made in the property.
Official records show that the home was purchased in January 2021 for $3.35million, with David's long-term business manager Anthony Bonsignore noted as a trustee. The mortgage - for $2,512,500 - was obtained via City National Bank, which is nicknamed Bank to the Stars thanks to its swanky A-list clientele.
Lily has not had much luck with her property ownership, having already been forced to sell her $5.5million mansion in the English Cotswolds region to pay a huge tax bill after her former tour manager sued her. Her UK company accounts also show her finances are not in the best state.
While Lily has an estimated net worth of $3.9million dollars, two UK companies listed in her name have been struggling financially. Accounts filed earlier this year show that Touring's Boring Ltd has accumulated losses of $14,625.
Meanwhile, Pack It Up Pack It In LLP has just $3341 in the bank - the same business had $205,036 the previous year. The huge drop in figures represents $196,754 taken out in cash withdrawals in the last year.
While Lily is known professionally as Allen, and had been married to David since September 2020, her name on her businesses is still Cooper, from her first marriage to Sam Cooper, with whom she shares her two daughters. Documents filed with Companies House name her as Lily Rose Beatrice Cooper.
Lily spoke candidly about her financial issues earlier this month when she told perfect magazine, "Contrary to popular belief, my parents have not been bankrolling my life since I was 17 or 18 years old. A year and a half ago, I was financially stable and I didn't have to think about work. And now I do. And this is what I do to earn money."
She added, "I have two children to support. This is all I know how to do. I’m not going to train to be a lawyer now. It’s a bit late for that." Lily purchased a new home in Notting Hill in November 2024 after returning to live in London.
She sold her Cotswolds home nine years earlier to pay her tax bill. She previously explained on her podcast Miss Me?, "I had a beautiful house, which was my house of dreams in the countryside.
"And, I did it up so nice, and it was like my life project, I was very proud of it, it was the place where I was going to raise my children. And, I was always good with my tax, I'm a big firm believer in paying tax and I think people in a higher earning bracket should absolutely pay as much tax as they possibly can.
"But anyway, I have always put money aside to pay for my tax. What happened was, I got sued by somebody, for an extremely large amount of money, which I hadn't accounted for. I had to pay him off, with the money I had put aside for my tax.
"And then when my tax bill came along, I tried to work out a deal with HMRC in which I can pay them back in instalments. Which I would have been able to do, but they said no so, I had to put my house on the market."
Click here to follow the Mirror US on Google News to stay up to date with all the latest news, sports, and entertainment stories.