Teresa Giudice revealed that she and husband Luis Ruelas just bought a luxury car worth nearly $2 million shortly after declaring bankruptcy. “We’re not short of money”
Teresa Giudice Revealed That She and Husband Luis Ruelas Just Bought a Luxury Car Worth Nearly $2 Million Shortly After Declaring Bankruptcy: “We’re Not Short of Money”
In a move that has left fans and critics alike stunned, Real Housewives of New Jersey star Teresa Giudice revealed that she and husband Luis “Louie” Ruelas recently purchased a luxury car valued at nearly $2 million—just months after filing for bankruptcy. The flashy new ride, reportedly a limited-edition Bugatti Chiron Super Sport, has reignited controversy over the couple’s finances and lifestyle choices.
During a promotional appearance for her latest business venture in Miami over the weekend, Teresa casually dropped the bombshell in front of reporters. “We’re not short of money,” she said with a confident smile. “People love to talk, but Louie and I are living our lives. We’re blessed, and we work hard for everything we have.”
The statement comes amid mounting speculation surrounding the couple’s financial stability. Just last year, public records showed that Teresa and Louie had filed for Chapter 11 bankruptcy, citing “business losses and real estate devaluation” as the primary reasons. At the time, the move was seen as a sign of financial distress, especially after the couple had already faced years of legal and financial scrutiny.
But in true Housewives fashion, Teresa is flipping the narrative—literally and figuratively. The 51-year-old reality star shared images of the sleek new supercar on Instagram, showcasing the car’s glossy black finish, custom leather interior, and personalized “GDLV” license plate—an abbreviation for the couple’s personal mantra, “Grateful, Driven, Loved, Victorious.”
“I always believed in manifestation and abundance,” Teresa wrote in her caption. “This is what happens when you don’t let negativity control your life.”
Still, not everyone is buying it. Critics on social media quickly called the purchase “tone-deaf,” particularly given the economic hardships many are facing. One commenter wrote, “So you can’t pay your debts but you can drop seven figures on a car? Make it make sense.”
Legal and financial experts also weighed in, questioning whether the couple’s latest display of wealth could trigger a new round of investigations. “If they are still in the process of settling debts through bankruptcy court, this could raise serious red flags,” said New Jersey-based bankruptcy attorney Melissa Drayton. “Any large asset purchases during or shortly after bankruptcy proceedings are scrutinized carefully.”
Despite the backlash, Teresa remains unfazed. “People will always talk, especially when you’re successful,” she told a fan during a meet-and-greet later that day. “But I’m not going to live small just to make other people comfortable.”
It’s yet another chapter in the Giudice saga that continues to blur the line between reality television and real-life drama. Whether the luxury car is a sign of a financial comeback or a red flag remains to be seen—but one thing is certain: Teresa Giudice isn’t done making headlines.