17 celebrities who squandered their millions

Looking at the wages of world stars, who have millions in their bank accounts, it is difficult to imagine that they can become poor and look for any means of earning. This is confirmed by real stories, which it is impossible not to be surprised.

There are people who simply do not know how to manage their funds, no matter how large their bank account is. To make sure of this, we suggest that you familiarize yourself with the famous rich people who faced bankruptcy or became close to such a state. Believe me, you will be shocked.

1. Michael Jackson

The pop king, who is no longer alive, was able to earn more than $ 1 billion for his life, which can be considered a record. Jackson never denied anything in himself, therefore, according to available information, he spent about $ 20-30 million every year. Negative financial affairs were influenced by lawsuits on pedophilia charges. Many were shocked when in 2007 the singer filed for bankruptcy. After the death of the star, debts went to his family, they amounted to $ 374 million.

2. Tony Braxton

The fate of Tony is far from easy, because she faced many challenges: divorce, a child's illness, financial problems and so on. The media have long dubbed the singer "bankrupt woman" and for the first time about her material collapse she started talking in 1998, when her debt was $ 4 million. To pay off, Braxton put up for auction all her property. The second time about her bankruptcy, the singer said in October 2010, and according to data that has not yet been confirmed, her debt is $ 50 million. Such a huge amount is due to the fact that the artist did not fulfill the terms of the contract with the record company and did not pay taxes.

3. Dennis Rodman

At a time when Rodman played in the NBA, his salary was $ 27 million, without taking into account the fees that he received for participation in advertising. When the career ended, Rodman started financial problems. He did not pay alimony, so the wife sued, demanding that she pay her $ 809,000 for child support and $ 51,000 for spousal alimony.

4. Lindsay Lohan

The vicious tax evader is Lindsay Lohan, and the bailiffs even had to freeze her accounts. Part of the debt helped her to pay off friends, but the problem was not solved. As a result, Lohan had to sell his house in Los Angeles and move to live with his mother in New York.

5. Chris Tucker

The talkative actor, known for the movie "Rush Hour", was not able to build a good career, and in 2011 he was no longer invited to the cinema. All this ended up in the fact that Chris did not have money even to pay for his house and, of course, taxes. He does not despair and continues to look for roles to pay off his debts.

6. Larry King

The American showman was engaged in business, and this his activity as a result has ruined his happy, comfortable life. The former business partner King in 1978 sued him, accusing him of misappropriating finance. After lengthy proceedings, Larry declared himself bankrupt, but a few years later he was again able to stabilize his condition.

7. Misha Barton

The young girl became famous after the series "Lonely Hearts", starting to earn huge sums. Unfortunately, in most cases, a sharp rise plays a cruel joke with people and Misha is no exception. She began to lead a riotous life, consumed alcohol and illegal drugs. All this led to the fact that she was no longer invited to the role, they ripped off the shooting, for which you had to pay a penalty. After the girl was hospitalized in a psychiatric clinic, she stated that her bankruptcy was due to the fact that managers behind her back squandered all her condition.

8. Pamela Anderson

In recent years, not only the appearance of the sexy actress, known for her starring role in the series "Rescuers Malibu", but also the bank account, has changed significantly. In 2012, her debt grew to $ 1.1 million, and all because she could not pay off with the construction companies that at that time were repairing her mansion in Malibu. In addition, Anderson did not pay all taxes to the state. In 2013, she had to sell a mansion (for about $ 8 million) to somehow keep afloat.

9. Kim Basinger

A popular actress also knows what pennilessness is. In 1993, she fell into a financial hole, as she did not fulfill the contract with the film company Main Line Pictures. As a result, they sued Kim for $ 8.9 million. Basinger was not ready to pay such a sum, so she filed for bankruptcy. After several courts, the parties agreed to reduce the debt, and it amounted to $ 3.8 million.

10. Nicolas Cage

Journalists are confident that Cage has earned a huge fortune in his entire career - more than $ 150 million, but they were not enough. The actor is a lover of luxury life, so he, without hesitation, bought mansions, cars, airplanes and other luxury goods. All this reduced his bank account, and eventually led to problems. In addition, during the crisis, Nicholas's real estate depreciated greatly. In an interview, the actor admitted that he did not pay taxes to the state and owes him $ 14 million. He promised to return the entire amount, so he started selling off his property.

11. Vanilla Ice

In 1990, the man recorded a song that became very famous, but it was the only hit. Since the success of the singer could not repeat, he decided to go into another sphere, having opened a real estate company. The desired million also did not bring this occupation. In 2007, Vanilla started serious problems, and already in 2015 he was arrested on charges of major theft.

12. Brendan Fraser

The actor, known for several comedic roles, added to the list of "Hollywood poor." He appealed to the Court of Connecticut with a statement that he does not have the opportunity to pay an ex-wife and child child support of $ 900 thousand a year. Brendan has this reason, he claims that he was seriously injured during Hurricane Sandy (the tree fell on his back), and now he can not work at full force and earn as before.

13. MC Hammer

Sources say that the rapper's status in 1990 was estimated at $ 33 million. Six years passed and the singer stated that he was bankrupt, he owns only $ 1 million, and the debt is 10 times larger. A few years later, he participated in the Oprah Winfrey show, where he stated that his debts were not the result of reckless spending. The rapper explains everything by the fact that 200 people worked for him, and he had to allocate millions every month for wages. Now the man is engaged in various things, for example, investing in start-ups and developing applications, but at the same time, according to a media report in 2013, he has yet to pay $ 800,000 in taxes.

14. Wesley Snipes

The story of this actor can serve as a teaching for many, because he lost his property because of his own stupidity and greed, and even found himself behind bars. Snipes tried to evade taxes by filing forged declarations. As a result, his debt to the state was more than $ 15 million. Despite the stellar status, Wesley was sentenced to three years in prison.

15. Mike Tyson

The legendary boxer earned huge sums - it is believed that his account was $ 400 million, but in 2003 he began the procedure for filing bankruptcy. According to information from various sources, Tyson had to pay $ 30-40 million to creditors. And it's about his love for everything expensive and luxurious. Recently, Michael said that he managed to improve his financial situation and bankruptcy is not talking.

16. Courtney Love

The actress after the death of her famous husband Kurt Cobain suffered serious financial losses, which only worsened. Courtney told reporters that she lives with her daughter in a rented apartment, and only $ 4,000 in her account. To say goodbye to her debts, the actress had to sell the share of Nirvana's assets owned by her deceased husband, which is 25%.

17. Don Johnson

Financial problems were touched by the star of the series "Miami Police", and the whole thing in the lawsuit that was filed against him, demanding $ 930 thousand. To avoid collapse, Don had to declare bankruptcy. He sold part of the property and was able to pay debts, while retaining his house for $ 20 million.