Someone certainly has a high opinion of her wardrobe. It is rumoured that Thing 1 of the twin trolls, Mary-Kate Olsen, has taken out an insurance policy on her $2 million heap of rags… err… designer wardrobe. This action protects the supposedly sacred clothes, from theft or natural disaster-related causes. Theft! HA!

“MK has pieces that over $25,000 each,” a source says. “She has a vintage Chanel bag that’s worth over $40,000.”

That trash would be better off as lining for your dog’s bed. For someone who reportedly has a net worth of $100 million or more, insurance seems to be a really big hassle for $2 million, not to mention a item of clothing worth $25,000. El-Cheapo! There is such a thing as buying new rags, but I guess once MK has sufficiently grunged up an outfit, it becomes priceless in her eyes.

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Cheryl : A recent university graduate, Cheryl's biggest nemeses are the fashion sheep of the world. She enjoys food, soaking up whatever her native Toronto has to offer, and finding a great quirky handbag. Her only rule of fashion: you want to, so wear it.
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