Jeff Prescott: Kate Gosselin's New Boyfriend Is A Millionaire!

By Jobs & Hire Staff Reporter | Jan 08, 2015 11:47 PM EST

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Jeff Prescott - Kate Plus 8 reality TV star Kate Gosselin his captured the headlines this week after an inside source dished out about her sprouting relationship with millionaire Jeff Prescott to the press.

The insider told US Magazine that Jeff Prescott has known Kate Gosselin for at least a year. It is unclear how long they have been in a romantic relationship.

But from all indications, Kate Gosselin seems to be in good hands. The insider described Jeff Prescott, who is a divorced father of 3, as a "really good guy."

Jeff Prescott is the founder and CEO of Dreamstime. The 51-year-old businessman is also the president of Octagon Sports Nutrition, Nature's Youth Fit Kids Foundation and Deaf Children's Foundation.

Although it is still early days yet, it is clear that Kate and Prescott's children will play a crucial role in their relationship. The mother of 8 said after her divorce with ex-husband Jon Gosselin in 2000 that whosoever is interested in her would have to be prepared to deal with her kids.

And Jeff Prescott is playing his cards right in this regard. Reports indicate that although he is yet to meet Kate's kids, he got them Christmas presents.

Prescott's and Kate's kids may give them a reason to initiate a relationship, but it is clear that it will be difficult to sustain it based on this. Kate's ex Jon Gosselin revealed in an interview last year that their children contributed to their divorce.

He described their 10-years-long marriage as a 'business transaction' saying "So many kids, you're like, 'We don't have time to work on our marriage.' There was always emptiness."

The news of the relationship between Jeff Prescott and Kate Gosselin has gone viral online and stolen the headlines. Many sharp-tongued fans have criticized Kate for going out with Precott for his money. In 2013, Kate, who is a registered nurse, revealed that she was having financial problems and may have to resume working in the white gown.

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