Kerry Katona is speaking out after Simon revealed he has money problems

Kerry Katona has blasted Simon Cowell over his money claims. Simon may not be someone you’d expect to be fretting over his bank balance, but the music mogul revealed earlier this week that he ‘always’ worries about money, despite his skyhigh success and staggering net worth.

“I always worry about money, because I think you have to,” said Simon, who was estimated to be worth £385 million by The Sunday Times in 2020, on a new episode of the How To Fail Podcast.

Speaking exclusively to New, Kerry had a few words for Simon after his admission: “If I’m honest, I think that’s pretty rich coming from him – pun intended! He’s a multimillionaire with plenty of mansions and private jets – he’ll be alright! Simon, I love you, but saying that feels out of touch. Next thing you know, he’ll be on OnlyFans selling feet pics.”

Simon says that the Covid-19 pandemic left him worried for the future of his money

Simon continued to admit that the Covid-19 pandemic left him with financial woes, Simon continued to tell podcast host Elizabeth Day: “I remember reading it for the first time on a website and I don’t read a lot of stuff on social media, but I’d heard about it.

“So I was curious and the second day, the story got bigger to a point where I actually phoned one of my partners and I said, I don’t like the look of this, I have a horrible feeling it’s gonna be like that movie contagion. I think we need to get all of our shows into production around the world quicker this year.”

He added: “And we did. And when it happened, it was, obviously worse than I could have imagined, but when you think about that, the wars and everything else, the instability, what is safe? I mean, was it gold cash stock? I don’t think anything is safe any longer.”

Simon, who has been in the industry for over four decades, says he now follows the advice to ‘live in your money’ and enjoy it, but is also aware of it being precarious.

While he might be aware of the riskiness of his capital, it doesn’t mean Simon has been one to scrimp – boasting lavish homes across the world, including an £8M Cotswolds mansion, flashy cars and a reported private jet on standby.

Kerry says Simon “will be alright” after his admission

But not one to let the lifestyle get to his head, the Britain’s Got Talent creator is the first to call himself ‘obnoxious’. Recalling one incident several decades ago, Simon said, “I do remember one time I was driving in my Porsche. I had long hair.

“The top was down and I passed this pub, and I remember someone shouting ‘you w*nker!’ and I went, actually, you are right. I am a w*nker.”

Simon, who is now a dedicated dad to ten-year-old son Eric, added that he has everything he needs now and doesn’t yearn for more money or flashy expenditures these days.

He is currently appearing on screen on Britain’s Got Talent, joining judges Alesha Dixon, Bruno Tonioli and Amanda Holden.