what movie stars are broke

What celebrities have a negative net worth?

20 Celebrities With Surprisingly Low Net WorthsMaisie Williams (Net worth: $6 million)Lili Reinhart (Net worth: $6 million) ... Mel B (Net worth: $6 million) ... Becky G (Net worth: $7 million) ... Amber Heard (Net worth: $8 million) ... Megan Fox (Net worth: $8 million) ... Doja Cat (Net worth: $8 million) ... More items...•Dec 8, 2021

Why do so many celebrities go broke?

There are many reasons celebrities are forced to file for bankruptcy. Some of the common reasons include having to pay out after a divorce, or because the celebrity didn't pay their taxes to the IRS. Some celebrities see their spending spiral out of control, or make rash or unwise business decisions.

Who went from rich to poor?

Elizabeth Holmes. Elizabeth Holmes was once on the cover of Forbes for founding a revolutionary startup worth an estimated $9 billion. ... Bernie Madoff. Bernie Madoff will go down as one of the most infamous scammers in history. ... Allen Stanford. ... Eike Batista. ... Sean Quinn. ... Björgólfur Gudmundsson. ... Aubrey McClendon. ... Vijay Mallya.More items...•Mar 30, 2021

Who is the cheapest celebrity?

Top 10 Cheapest, Most Frugal Celebrities1 / 10. Mila Kunis. When Mila Kunis married Ashton Kutcher, she definitely did not go overboard when it came to her wedding ring. ... 2 / 10. Michael Jordan. ... 3 / 10. Tiffany Haddish. ... 4 / 10. Ed Sheeran. ... 5 / 10. Keira Knightley. ... 6 / 10. Hilary Swank. ... 7 / 10. Dave Grohl. ... 8 / 10. Kristen Bell.More items...•Aug 31, 2021

Are most celebrities in debt?

Not all celebrities have fame and fortune, some are just famous – and in a ton of debt. They came from rags to riches, then went back to rags. Whether they've filed bankruptcy, ended up in court, or just can't stop spending, celebrities mismanage their money just like everyone else. They just hide it well.

What should you consider before taking on debt?

Here are four areas to consider before taking on new debt:All rates aren't equal.Could housing be more affordable?Budget savings from refinancing.Be smart with cash-outs.Jun 26, 2019

Who is the most famous broke person?

The list also contains broke celebrities net worth.Curtis Jackson (Net worth: 30M) ... Nicolas Cage (Net worth: $25M) ... Pamela Anderson (Net worth: $20M) ... Lisa Marie Presley (Net worth: $16M) ... Johnny Depp (Net worth: $15M) ... Mike Tyson (Net worth: $15M) ... Lena Headey (Net worth: $14M) ... Wesley Snipes (Net worth: $10M)More items...•May 4, 2021

What is Donald Trump's net worth?

3 billion USD (2022)Donald Trump / Net worth

Who is the nicest celeb?

20 of the Nicest Celebrities in HollywoodDave Chappelle. ... Tom Hanks. ... Taylor Swift. ... Ellen DeGeneres. ... Lady Gaga. ... Barack Obama. ... Keanu Reeves. ... Ryan Gosling. Ryan Gosling has literally made a career out of the being the nice guy, and it seems his on-screen persona matches up pretty closely with his real-life reputation.More items...

Who is the snobbiest celebrity?

The 15 Most Snobby Women Of Hollywood8 Shannen Doherty.9 Salma Hayek. ... 10 Katherine Heigl. ... 11 Elizabeth Taylor. ... 12 Gwyneth Paltrow. ... 13 Jennifer Lopez. ... 14 Madonna. ... 15 Jennifer Aniston. She may have grown to fame as the star of Friends but in real life, Jennifer Aniston is slammed as a terrible diva. ... More items...•Jan 17, 2017

What celebrity has the nicest house?

10 of the most expensive celebrity homes in the worldBill Gates' 'Xanadu 2.0' in Medina - $125 Million. ... George Clooney's 18th Century Villa in Lake Como- $100 Million. ... George Lucas' Californian Ranch - $100 Million. ... Jay Z and Beyonce's Los Angeles Pad - $88 Million. ... Angelina Jolie's French Chateau - $61 Million.More items...•Aug 2, 2021

When did Toni Braxton file for bankruptcy?

When Toni Braxton filed for bankruptcy protection in 2010 (and that was the second time), her $50 million in debts included such swanky places as Tiffany and the Four Seasons. (Photo by Charles Sykes/Invision/AP) 'World's first supermodel' Janice Dickinson filed for bankruptcy this year, owing $1 million.

Did Donald Trump file for bankruptcy?

OK, so Donald Trump has never filed for personal bankruptcy, but he has filed for corporate bankruptcy twice. "World's first supermodel" Janice Dickinson filed for bankruptcy this year, owing $1 million. Thousands of that is in unpaid medical bills to plastic surgeons and dermatologists.

Did Courtney Love go bankrupt?

story continues below. Courtney Love once said she was so broke she had to live in a rented apartment with her daughter and had just $4,000. Kim Basinger filed for bankruptcy after losing an $8.1 million breach of contract lawsuit. She had to sell her share of the Georgia town she had bought for $20 million.

Did Larry King file for bankruptcy?

You may not have known that Larry King had to file for bankruptcy in 1978, after his former business partner accused him of stealing money.

Why do celebrities go broke?

High credit card debt, unpaid taxes, fraudulent financial advisors, gambling debts, drug addiction; are just a few examples of what can cause rich celebrities to become broke celebrities. Celebrities can go up fast in fortune but can go down even faster if their finances are poorly managed, due to lack of financial education or if addictions come ...

How much money did Michael Jackson owe?

When Michael Jackson passed away, he allegedly owed 400 million in debt. Selling more than 61 million albums in the U.S. didn’t stop the singer from borrowing, spending huge sums of money over his career.

How long was Gary Busey in Hollywood?

Gary Busey had a 45-year-long career in Hollywood, acting in more than seventy movies. While on his path to success as an actor, he also racked up more debt than he could handle. A large portion of his debt was due to medical bills. In 1988, Busey crashed on his motorcycle.

How much does Charlie Sheen make a month?

While starring as the lead actor in Two and a Half Men, Charlie Sheen could comfortably afford his credit card payments, which by the way, exceeded $6,000 per month. However, since leaving “Two and a Half Men,” “Sheen’s income dropped from $613,000 a month to an estimated $87,834”, according to People.com.

Did Toni Braxton file for bankruptcy?

Allmand Law reports , “American R&B singer Toni Braxton has filed for bankruptcy again; the first time was in 1998. Braxton’s recent bankruptcy filing states that she has between $10 million and $50 million in debt but only has between $1 million and $10 million in assets.”

How much credit card debt did Stephen Baldwin have?

Lots of people owe more than $70,000 in credit card debt. Stephen Baldwin was one of these people. For someone like Baldwin, he could have easily avoided bankruptcy and paid off this credit card debt if he only knew the best direction to take.

Can you rack up credit card debt?

Still, when you consistently remain current on payments over many years, have a decent income to show creditors, and are using almost all your available credit every month, banks will usually offer you more credit. Banks have no problem with allowing you to rack up more debt if you continue making that minimum payment each month because that’s more profit for them.

How much debt did Nicolas Cage have?

Nicolas Cage tried to accumulate as much extravagance as he could by purchasing mansions, jets, and any other type of expensive item he could find. The problem was that by the time he had to file for bankruptcy he was around $14 million in debt.

Who is Burt Reynolds?

Burt Reynolds. Reynold’s has had one long and storied career ever since he played running back at Florida state and on through the 1970’s when he was really popular. Since that time he’s wracked up so much debt that he eventually started selling off his movie memorabilia to break even.

What happened to Lindsay Lohan after Mean Girls?

After Mean Girls she virtually disappeared except in the tabloids.

When did Mickey Rooney file for bankruptcy?

Mickey Rooney. Rooney actually filed for bankruptcy in the early 1960’s and spent a good deal of his career after that trying to come back from it. At one point his net worth was $12 million dollars, but when he filed he had only about $500 to his name.

Who is Leif Garrett?

The former teen idol from the 1970’s had a little too much fun in during his short run as a celebrity and wound up losing everything.

Did Trump go bankrupt?

Yes, at one time our current POTUS did in fact come close to being completely broke. That was until he learned how to work the system and file for corporate bankruptcy instead of personal bankruptcy. This was how he was allowed to get bailed out and still spend more than it takes to run a small city. After four bankruptcies you would think that a guy who still lands on top would be thoroughly investigated, but to date Trump is still spending money hand over fist and making it just as fast.

Did Michael Jackson declare bankruptcy?

He starred in a few less than stellar movies and didn’t do much in the way of his TV success, but he was still a noted comic that people liked. When it was revealed that he owed the IRS $8 million dollars however he had to give up his home and declare bankruptcy to get himself out of the hole he’d unwittingly dug.

Why do celebrities want a wallet?

The reason: Celebrities and millionaires often want it because of the stigma this card carries , that only the rich and famous can have it. When they take out their wallet to pay for something they want everyone to look and say, “wow look at that person, they are rich and must be famous!”.

How long was Gary Busey in Hollywood?

Gary Busey had a 45-year-long career in Hollywood, acting in more than seventy movies. While on his path to success as an actor, he also racked up more debt than he could handle.

What is considered unsecured debt?

Unsecured debt includes credit cards, student loans, and medical bills. Anyone can get in over their head in debt if they don’t properly evaluate whether or not they can afford something, before taking out a credit card to pay for it.

How did Busey die?

He wasn’t wearing a helmet and almost died, suffering severe head trauma. In 1995, Busey overdosed on cocaine leading to another visit to the emergency room and more medical debt. These accidents, amongst others, are what contributed to Busey’s $500,000+ in unsecured debt, including bank loans and medical debt.

Did Toni Braxton file for bankruptcy?

Allmand Law reports “American R&B singer Toni Braxton has filed for bankruptcy again; the first time was in 1998. Braxton’s recent bankruptcy filing states that she has between $10 million and $50 million in debt but only has between $1 million and $10 million in assets.”

How much does Charlie Sheen make a month?

While starring as the lead actor in Two and a Half Men, Charlie Sheen could comfortably afford his credit card payments, which by the way exceeded $6,000 per month. However, since leaving “Two and a Half Men,” “Sheen’s income dropped from $613,000 a month to an estimated $87,834”, according to People.com.

How much credit card debt did Stephen Baldwin have?

Lots of people owe more than $70,000 in credit card debt. Stephen Baldwin was one of these people. For someone like Baldwin, he could have easily avoided bankruptcy and paid off this credit card debt if he only knew the best direction to take.

Who is the fifth highest paid actor in Hollywood?

13. Johnny Depp. Depp, the fifth highest paid actor in Hollywood in 2016, has been under fire for spending lavish amounts of money on a number of things, including $18 million on a 150-foot yacht and $4 million on a failed record label.

What happened to Larry King?

In 1960, he filed for bankruptcy, and again in 1978 after ending up in over $350,000 of debt thanks to frivolous spending. Ironically enough, this was the same year he took a nationally syndicated radio job leading to a complete overhaul of his career. King debuted on CNN on “Larry King Live” in 1985, and the rest is history.

How much is 50 cent worth?

Known for his illustrious rapping career, 50 Cent was named one of the five wealthiest hip-hop artists back in May 2015, with an estimated net worth of $155 million.

When did Michael Jackson get sued?

In 2009, he was slapped with a $13 million lawsuit by his ex and, later that same year, he was sued by a real estate company that claimed he failed to repay millions of dollars in loans after purchasing multiple castles and private islands during the housing bubble.

Who filed for bankruptcy in 2015?

Joey Lawrence. The “Blossom” alum, whose show “Melissa & Joey” came to an end in 2015, filed for bankruptcy along with his wife Chandie Yawn-Nelson in 2017. According to The Blast, at the time of filing, the couple only had $8,000 in the bank.

How much debt did Lisa Marie Presley have?

In Feb. 2018, court documents claimed that Lisa Marie Presley had $16.7 million worth of debt, caused by a defaulted mortgage, credit card bills and more. That same month, she entered a legal battle with her financial manager, claiming that he was negligent and had mismanaged her fortune, leading her to financial ruin. Currently, she is suing him for a sum of $100 million.

When did Michael Jackson file for bankruptcy?

After being unable to repay a $25 million loan on his home, the Neverland Ranch, he filed for bankruptcy in 2007. Despite financial woes, Michael Jackson remains one of the most prolific entertainers in history, and his hit, “Thriller,” is by far the best-selling album of all time, with 32 million units sold. 16.

Who was the biggest actor in the 90s?

Back in the early 90s, Wesley Snipes was one of the biggest actors in Hollywood. His roles in New Jack City, White Men Can’t Jump, Passenger 57, Demolition Man and Blade made him one of the best paid and most popular stars around.

How much did Nicolas Cage make per movie?

In his 90s heyday, in which he won an Oscar and starred in such major box office attractions as The Rock and Con Air, Nicolas Cage was commanding $20 million per movie.

What was Pam Anderson's lifestyle?

Despite a lifestyle that included lavish houses, expensive partying and multiple plastic surgeries, Pamela Anderson was managing to keep her finances on track, at least until the tax man came calling.

How long was Snipes in prison?

ADVERTISEMENT. ADVERTISEMENT. However, sadly it turns out that he’s another celebrity who forgot to pay ‘the man’. Snipes was actually sentenced to three years in prison for failing to file US federal income tax returns, beginning his sentence in 2010 in McKean County, Pennsylvania, and being released in 2013.

Who is Wesley Snipes?

Wesley Snipes. Back in the early 90s, Wesley Snipes was one of the biggest actors in Hollywood. His roles in New Jack City, White Men Can’t Jump, Passenger 57, Demolition Man and Blade made him one of the best paid and most popular stars around. ADVERTISEMENT.

How old was Gary Coleman when the show Diffrent Strokes ended?

Star of the popular 70s and 80s sitcom Diff’rent Strokes, Gary Coleman was 18 years old when the show ended, but unfortunately his congenital kidney condition meant he appeared much younger, causing difficulties in him finding roles once he became an adult.

Who is the most famous boxer?

Mayweather is one of the highest-paid, most successful and most controversial sports stars of all time. The boxing champion is renowned for his incredible winning streak, having never lost any professional matches.

What happened to Toni Braxton?

7 Toni Braxton. Living the dream without a budget, coupled with having to sue several record companies for non-payment, landed Braxton in a financial nightmare around 1997 when she filed bankruptcy after accumulating around $50 million in debt to AT&T, Tiffany jewelers and the Four Seasons hotel chain, among others.

How much does Michael Fraser make a month?

Fraser has more than 60 acting credits to his resume and still can't seem to make ends meet. He allegedly makes over $200K a month but monthly alimony and child support payments of $75K along with fees to agents and managers and everyday living expenses drag the actor's bank account into the red.

Who is the woman who bought the ice caps?

A virtual vision on ice and the woman responsible for a rash of unflattering haircuts that swept the country, Hamill made an apparently wise business choice when she bought the Ice Capades in 1993 but had to sell the struggling company in 1995. She was $1.6 million in debt in 1996, which forced her into bankruptcy the same year. Hamill blames the financial failings on her ex-husband, Kenneth Forsythe, a doctor she claims cheated on her with two different women during their marriage and her pregnancy. No number of Olympic gold medals can heal wounds like that.

What is Busey Busey's most famous accomplishment?

Known for his eccentric behavior and philosophical (often rhyming) musings, Busey' s most memorable accomplishment was playing the title role in the movie The Buddy Holly Story , which earned him an Oscar nomination. Although he has more than 160 movie and film credits, Busey has battled the lingering effects of massive head injuries suffered in a 1988 motorcycle crash, including a cancerous tumor he underwent chemotherapy to eradicate. He filed bankruptcy in 2012, claiming his $50K in assets couldn't offset his $1 million debt. The filing gained national news coverage when his list of assets was made public and supposedly included 300 VHS tapes, old moccasins, bows and arrows, tambourines, and a broken pellet gun, not what one would expect to find in a celebrity's garage.

Did Kurt Cobain kill Love?

Love was in a world of hurt on many levels after the suicide of Nirvana rocker husband Kurt Cobain in 1994. She sought solace in private, then went public, and finally came out of mourning only to discover she was sinking further into debt each day. After losing her home and moving into rented digs with then young daughter Frances Bean, who is now emancipated and estranged from her mother, Love bit the bullet and sold 25 percent of Nirvana's music catalogue in 2006 to get out of debt. However, she continues to maintain that thieves of the music world stole millions from her and Cobain, a fraud she and her friends continue to investigate to find the culprits and gain restitution.