They say money is like water, it flows where ever it likes. But the ability to channel it to one’s self makes the different between having it and having it not. Some popular celebrities used to have it but at a point it time, it flowed awayLena Headey
Game Of Thrones’ star Lena Headey has hard times now. She is currently in the middle of her divorce, according to her words she has “less than $5 in her bank account” and has been living on credit. Lena is fighting over a $46,000 tax refund check from 2011 with her husband now, and we don’t know how all this story will end.
21. Meat Loaf
Meat Loaf( real name Marvin Lee Aday) became super famous for his song โIโd Do Anything for Loveโ. This musician began to experience his money problems in 80’s and had to force a bankruptcy. In addition to this his ex-songwriting partner made a lawsuit against him. Sad story!
20. Drake Bell
All Nickelodeon viewers remember this young guy from Drake & Josh TV series. 26 year old star Drake Bell has filed for bankruptcy, because of his $581,000 debt. And it’s not strange, with earnings of $408,000 in 2012 and only $14,099 in 2013. We should add that his monthly expenses are more than $18,771, according to the different magazines. It looks like he clearly has some big business problems.
19. Kim Basinger
Kim Basinger is a former supermodel and successful actress. You may remember her from Bond movies, 8 Mile, Batman etc. But also she was quite extravagant star who liked to spend money. Once she bought the whole town of Braselton, Georgia. In 1993, Main Line Pictures sued her for $7 million, due to backing out of a deal to star in the movie. Later after this happened she had to force to file for bankruptcy.
Mike Tyson
Michael Gerard Tyson is famous as the youngest boxer to own the WBA, WBC, IBF heavyweight titles. During his sport career he made something about $400 million. But, nevertheless his sport achievements, in 2003 he forced to file for bankruptcy. Everything because Tayson’s super luxury lifestyle and tragic divorce, it all cost him a debt of over $27 million!
17. Brendan Fraser
Brendan Fraser is probably the most famous for his role in the “Mummy” movie. Nevertheless of his successful Hollywood career, he had to pay a huge sums after his terrible divorce, different fees and alimony caused him to file for bankruptcy.
16. Gary Coleman
Gary Coleman was famous as a child star and as an adult actor. Preferably because of his small stature. Unfortunately his parents and ex manager spent all his millions and in 1999 he had to file for bankruptcy because he had only $200,000.
15. Chris Tucker
According to the rumors Chris Tucker is going to be broke because he has only $2 million in his account. But the IRS says he owes over $11.5 million in unpaid taxes. The comedian could soon even lose his $6 mansion in Central Florida, because of his money problems. It’s sad, especially knowing that he was one of the highest paid actors in Hollywood.
14. M.C. Hammer
No doubt that you heard โU Canโt Touch Thisโ song. Back to the 90’s M.C. Hammer was one of the most popular stars with a net worth of $33 million. But he liked luxury lifestyle and spent money like a crazy. M.C. Hammer bought a $12 million house( just imagine this sum in 90’s) and have at least 210 staff members. No wonder that in 1996 this star forced to file bankruptcy and till nowadays he is having money problems.
13. Janice Dickinson
Janice Dickinson is famous for her model career, some people say that she was even the first “supermodel”. Also,viewers remember her as a judge at Americaโs Next Top Model. It seems that she should have enough money. But in reality she can’t pay back her own debt. According to the rumors, she engaged to some rich man and only he helps her not to go broke.
We always though that Donald Trump is one of the richest man in the world. He is president of The Trump Organization and the founder of Trump Entertainment Resorts, but how could corporations owned by such successful person filed for bankruptcy four times? Yes. Hard to believe but it happened four times!
11. Cyndi Lauper
Cyndi Lauper mostly famous as a singer(you have to remember these songs โGirls Just Want to Have Funโ or โAll Through the Nightโ), but also she is an actress and even one of the most famous LGBT activists. This pop star had to force to file for bankruptcy after her deal with Blue Angel’s record failed. But nevertheless, soon she came back with new album, that is included in VH1โs 100 Greatest Women of Rock & Roll!
10. Larry King
Larry King is a great comedian, television and radio host. But back to the 70s he had a debt in $350000 and had to file for bankruptcy in 1978. Actually, he doesn’t like to speak about this sad story.
King of Pop – Michael Jackson was born August 29, 1958 and made a spectacular career as a singer, songwriter and actor. Michael lived as a real king and spent all his money on luxury lifestyle. He had to file for bankruptcy in 2007, when he had no money to pay back the loan for the Neverland Ranch.
8. Mickey Rooney
Mickey Rooney was named as one of the most successful and talented American actors. He started his career when was a child and till to the his dead in 2014 played a lot of amazing roles. His net worth was more than $12 million but in 1962 he filed for bankruptcy after finding out that his assets are at only $500.
7. Pamela Anderson
It’s probably everyone knows this girl from Playboy magazine. But in addiction to this Pamela Anderson is a great actress (remember her roles in Baywatch or Home Improvement) and activist. In 2009 she had big money problems and even moved into a trailer park, because she had a debt of $800 thousand to the construction company, which built her Malibu house.
6. Sinbad
Sinbad, in real life David Adkins, is really famous for his comedian roles. Also you may remember him from television series such as Necessary Roughness and Good Burger. He didn’t buy an expensive cars or houses but had to force to file for bankruptcy two times(!) in 2009 and 2013. Sinbad just made a mistake and invested his money not in ‘right’ people. But according to his own words,even if he could – he would not change his choices for the all world money.
5. Willie Nelson
Willie Nelson is a real legend of country music, millions know all his songs. But he went broke too! It happened when government found that he didn’t pay any taxes for years. Willie Nelson had to pay $16 million and after this, in 1990, he had to file for bankruptcy.
4. Wayne Newton
Wayne Newton was a successful singer, who usually performed in Las Vegas. Even more, in 1983 he was listed as the highest paid entertainer in the world! But in 1992 he had a debt over $20 million and just had to file for bankruptcy. Nevertheless we will always remember his songs โRed Roses for a Blue Ladyโ and โDanke Schoenโ.
3. Toni Braxton
Toni Braxton was one of the best-selling female stars in 90’s. Of course you heard such her songs as “He Wasn’t Man Enough” or “How Could an Angel Break My Heart”. It looks that she should be super rich, but it’s not true. Two times, in 2010 and in 2013, Toni Braxton filed for bankruptcy! Can you believe this?
2. Nicolas Cage
Nicolas Cage also barely escaped filing bankruptcy. Government found that he didn’t pay $6 million taxes and because of this he had to put several of his properties on the market. Even more, now a big part of his salary from Nicolas’ most famous movies (such as ‘National Treasure’, ‘The Rock’, etc) goes to the creditors!
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