Take this as a lesson in how not to manage your money (should you ever acquire millions)...According to The Denver Post, Heather Mills has spent roughly one-third of her divorce settlement from Paul McCartney. Yes, one-third of the $48 million she was awarded in March.

Granted some of this covered a $300,000 public relations bill and a hefty lawyer tab, a New York City apartment, and renovations on her Sussex, England, home. Additional funds covered her pledge of $6 million to charitable organizations. Throw in a few vacations, a lavish divorce party, and a $1 million staff bill, and...hey, where'd all that money go?