Gwyneth Paltrow’s Goop Lifestyle Site in $1.2 Million Debt – Report

Could this mean more 'conscious uncoupling' for Gwyneth Paltrow? In light of her separation from Coldplay front man and long time hubby Chris Martin, it seems the beauty's lifestyle blog is in serious trouble!

Days after Goop CEO Seb Bishop's abrupt departure, it has been revealed through Radar Online the site lost $300,000 in the last two years, and is in a current $1.2 million debt. It appears as though this resulted from personal interest-free loans for both the newly single Paltrow and Bishop.

The document reads that in 2011, Goop "incurred a loss of $255,312 (£152,060) and had a net liabilities of $259,969 (£154,834)." In 2012, they reported "a loss of $39,823 (£23,718) and ... net liabilities of $298,512 (£177,788)."

According to Jezebel, in this time the "Iron Man 3" star and her CEO saw quite the raise in pay. They went from making less than $200,000 to around $600,000, along with personal interest-free loans totaling over $100,000. Bishop paid back around $22,000 of his $83,617 loan, while Paltrow never paid back her $49,025.

Their report states that "As the company started product sales in June 2012, the directors are of the opinion that predicted profits will provide sufficient resources to enable the company to continue trading for the foreseeable future."

Other expenses stem from travel, entertainment, and administration. The site profits greatly in product sales, promotions, and commissions. Goop also donates to charities such as the David Lynch Foundation, the Edible Schoolyard Foundation, Pencils of Promise and the Sandy Hook Foundation.

Bishop resigned from his CEO position allegedly after the bombshell decided to move the Goop office from London to LA.

The Daily Mail points out that Goop has over 150,000 subscribers, and that Paltrow's movies have grossed $3.9 million. Her most recent cookbook, "It's All Good," topped the New York Times Best Seller List.

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