1.
Years ago, Nicolas Cage was one of the best paid actors in Hollywood. However, he issued a large part of his assets for wild purchases, including an ink meat of $ 150,000 and a dinosaur skull of 276,000 US dollars (which he ultimately returned to the Mongolian government because it turned out). At some point he had 15 houses all over the world, including two European castles. Finally, he owed the IRS 6.3 million US dollars and faced enforcements for several properties.
2.
In an episode of The breakfast clubT-Pain remembered that he was “mega-Eich”, lost everything and then became wealthy again. The singer once had $ 40 million on the bank, but poor real estate investments and poor spending decisions – such as the purchase of a Bugatti and the return of five months for $ 400,000 less than he paid – broke him. “I had to borrow money to get my children Burger King,” he said.
3.
After he was a well -known name The parent trapLindsay Lohan catapulted with hits like teen idol how Freaky Friday And Mean Girls. Then her career suffered when she dealt with years of legal difficulties and personal questions. According to Refinery29, her net assets reached a highlight of around 28 million US dollars, but occurred in this hard time of her life. Now the actor is in her comeback era: she recently came in the new one Mean Girls Film and played in the Netflix Rom-Com Irish wish.
4.
With songs like “UN Break My Heart”, Toni Braxton is one of the best-selling musical artists in history. But she reported bankruptcy twice and told ABC News that this was partly due to the establishment of the music industry. Apparently she received only a license control of 1,972 US dollars from her first admission contract. However, she admitted to having a serious obsession with home culture at home: “I love dishes and things, so I lost a little bit on household goods.” She said she had lost contact with reality as she hung the “girlish things”.
5.
Heidi Monday and Spencer Pratt shot on MTV’s fame The hills. According to People Magazine, they brought $ 2 million a year at the height of their fame. However, the couple also spent a lot of: $ 1 million for Heidi clothing, another 1 million US dollars for a crystal collection for Spencer and expensive dinner with 3,000 US dollars wine. “We kept the Jones’s step, but we went against Tom Cruise and Katie Holmes,” said Spencer. “We should have stayed in our reality TV lane.”
6.
In 2009 Stephen Baldwin – Hailey Bieber’s father – applied for bankruptcy. According to ABC News, he reported that he owed 2 million US dollars between his house, his credit card debt and his taxes. In 2013, he was guilty not to submit his taxes for three years of successive years and agreed to pay 300,000 US dollars in taxes.
7.
After the wild popularity of “You can’t touch that”, Forbes estimated, by CNN the income of MC Hammer in 1990 to 33 million US dollars. But he enjoyed an extravagant lifestyle and built a custom -made manor house in 12.5 acres with two swimming pools, a garage with nine cars, four dishwasher and a rehearsal hall. In 1996 he reported bankruptcy with debt of at least 10 million US dollars.
8.
Willie Nelson was one of the most successful country artists of all time and had great difficulties with the IRS because he did not pay taxes. In 1990, his property – including a golf course and a recording studio – was confiscated in six states. The singer has completed a deal with the government and recorded the album The IRS bands: Who will buy my memories pay off its $ 16 million debts. Although it did not cover the full amount, it did a dent and he paid everything later.
9.
After he has gained fame Def Comedy Jam And FridayChris Tucker made the big money with that Rush hour Franchise; For the third film alone, he earned $ 25 million. In 2021, it was sued by IRS for 2002, 2006, 2008 and 2010 in the previous year due to unpaid tax liabilities of 9.6 million dollars. He has achieved a comparison agreement and agreed to pay 3.6 million US dollars.
10.
In 1989 Kim Basinger bought Braselton, Georgia-a One-Stoplight-Stadt with only 500 inhabitants for $ 20 million. Accordingly, she planned to revitalize the city and build a film studio there. However, the actor went back from a film in which she had agreed and the studio sued her for breach of contract. When Kim was instructed to pay over 8 million US dollars, she reported bankruptcy and later reached an agreement.
11.
Without a doubt, 50 cents was one of the largest rappers in the 2000s. After losing a lawsuit of several million dollars, he applied for insolvency proceedings with debts and assets of less than $ 20 million in 2015. In an interview with the Guardian 2020, he said: “The business people will carry out money (bankruptcy) before the loss of money. Apparently he gave bankruptcy the opportunity to start fresh and pave the way for his hit show Performance And a lucrative deal with a TV network.
12.
Francis Ford Coppola may be best known for leading them Godfather Films and Apocalypse nowBut he also led the notorious film from 1982 One from the heart. He was so passionate about the project that his own production company financed it. However, it only earned about 600,000 US dollars compared to the budget of $ 26 million. This led to deep financial difficulties in the next decade and he reported bankruptcy three times.
13.
And finally Christy Carlson Romano was a Disney Channel Star Even stevens. Two years ago, however, she posted an open YouTube video about her financial trip. The actor remembered to have spent on shopping trips, expensive cars and a clairvoyant who “got a lot of money from me”. She continued: “I had this money. I was never told how much money I earned.
Any other celebrities with bad money management? Share them in the comments below.
