Showbiz
Rex Features
It was claimed last month that the music mogul has splashed out £2.5 million on an LA home for his protégé.
He was rumoured to have made the purchase to reward the singer for her international success.
However, he told The Sun: "No! I didn't buy her a house. If I did that I would be broke every time I had a hit."
Lewis became the first British female to top the US singles chart in 21 years with 'Bleeding Love'.
She recently revealed that she was "scared" of the X Factor judge when they first met.
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