This news comes as no surprise as she has long been addicted to pricey bags. When The New York Times recently interviewed Lily, she showed off her wardrobe, which had an entire section devoted to Chanel.

“It's awesome, isn't it?” she cooed. I can’t help but agree, once I shrug off the jealously. Her Chanel shrine is flanked by some gorgeous bags by designers like Louis Vuitton, Louboutin, among others sure to make us mere mortals drool!

The habit doesn’t come cheap. While most were feeling the pinch of the financial crisis, the British songstress dropped a whopping £100,000 (roughly $163,700 USD) on designer clothes, handbags and other accessories last year.

Plenty have put down Lily for her indulgent traits, but let's be fair. Sure, that money could feed a small village in the third world for months, but that sort of cash injection is what the economy really needs! Maybe big spending is her way of supporting the fashion industry. This ensures that hot new designs keep flowing for the rest of us.

The “Smile” singer has taken criticism in stride, stating “It's a lot of money. People say how terrible I look all the time, but imagine if I didn't spend £100,000 on clothes.” Don’t worry Lily, the marketing department at Chanel thinks you look ravishing.

Check out these Chanel bags on eBay

CHANEL Black Lambskin Large Drawstring Discs Tote Bag    US $2,495.95

CHANEL Cambon BOWLER Tote Shoulder Bag Purse CC Pink    US $975.00

CHANEL Lambskin Heart Valentine Mini Flap Bag Lilac CC    US $999.00

CHANEL Canvas Quilted Logo Sport Messenger Bag CC White    US $750.00

CHANEL Velvet Satin Mini Evening Bag Purse Hobo Black    US $775.00

CHANEL Leather Woven Shoulder Bag Hobo Purse Black    US $455.00