Tom Cruise could end up broke!

Tom Cruise is in danger of going broke if he does not control his wild spending, it has been claimed.

The Top Gun star - whose estimated fortune is $250 million -enjoys splashing his cash so much sources close to the actor fear he could squander it all.

A source said: "Tom is really into money. He has no problem spending it. It makes him feel powerful. He loves to brag about his Porsches, his homes, his planes and his motorcycles.

"When Tom takes Katie out, he has his security people hand $100 bills to anyone who helps them, even someone who opens a door! He's a big giver."

The 45-year-old actor and wife Katie Holmes have a 20-month-old daughter Suri together, and Tom also has two adopted children, Connor, 12, and 14-year-old Isabella with his ex-wife Nicole Kidman, who stand to inherit his fortune.

As well as funding his lavish lifestyle of expensive meals and shopping sprees for Katie and Suri, Tom also spends a vast amount of money running his four private planes.

Last year, he spent a staggering $1 million on fuel alone.

Britney Spears and Paris Hilton in strip club war?

It seems that Britney Spears and Paris Hilton are welcoming 2008 with a bitter bitch fight - the two are planning to launch their own chains of Las Vegas strip clubs.

Britney, who is annoyed with the hotel heiress for flirting with her ex-husband Kevin Federline, has been in secret talks about a 40million pounds project to open her chain of strip clubs across Sin City.

However, after learning about the pop star's plans, Paris has decided to beat Spears to the punch by opening her chain of strip clubs in Las Vegas.

"Britney was excited about this project for months and is really pissed with Paris that things have come to this. And that's even before she heard Paris has been partying with Kevin," the Daily Star quoted a source, as saying.

"Britney has always thought of stripping as a bit like art - as a skill. So when some Vegas-based developers approached her about investing money into three exclusive strip joints, which she wants to call Toxic Heaven, she jumped at the chance.

"But then Paris heard about the plans through her younger sister Nicky, who is a hotelier, and jumped on the bandwagon.

"She wanting to open her own strip joints, calling them Shagadillic. Paris is now in talks with business developers about the idea and wants to involve Nicky to keep it within the family. She thinks they can trounce Britney," the source added.