Kate Gosselin is dating millionaire Jeff Prescott Credit: Bobby Bank/WireImage

Kate Gosselin might not have raised any money during her first challenge on season 7 of The Celebrity Apprentice, but now she’s sitting pretty! The mom of eight is dating millionaire Jeff Prescott, sources confirm to Us Weekly.

“Jeff and Kate have known each other for over a year,” a source tells Us of the couple, who just recently started dating. “They like each other.” 

Gosselin, 39, whose marriage and divorce to ex-husband Jon Gosselin was documented by TLC for years on Jon & Kate Plus Eight and Kate Plus Eight, was previously linked to her bodyguard Steve Neild.

“Jeff is a really, really good guy,” a second insider tells Us of the 51-year-old divorced dad of three, who is COO and co-founder of Dreamstine, a microstock photography agency. “He is very respectful of Kate and her family.” 

Although landing the reality star, Prescott, who is also president of the Deaf Children’s Foundation, Octagon Sports Nutrition and the Nature's Youth Fit Kids Foundation, still has to get the seal of approval from Gosselin’s eight kids. Another source tells Us that he has yet to meet the clan, but that he did “get them Christmas gifts.”

Following their bitter and public 2009 divorce, Jon, who appeared with his then-girlfriend Liz Jannetta on VH1’s Couples Therapy, told therapist Dr. Jenn Berman that their “marriage was very non-affectionate. It was just kind of like ten years of a business transaction.”

E! News was first to report the story.