30 Celebrities Who Went Bankrupt. Wouldn’t it be great to be a celebrity? They make tons of money doing something that they love. You know what they say—if you do what you love, you’ll never work a day in your life. Well, you’d think with all that money, they would have their finances in order, but that isn’t always the case. In fact, celebrities have financial troubles just like everyone else. They may not worry about their increasing electric bill as we do, but that doesn’t mean they don’t have any worries.
Whether it’s because they lived too extravagantly or trusted the wrong people, some celebs have been forced to declare bankruptcy! It may sound crazy, but it happens. Celebs like Nicolas Cage are known for buying extremely odd things. Who needs a dinosaur skull anyway?
Then, there are some that trust their accountants a little too much. The corrupt accountant runs off with millions, and that leaves the star in a tough spot. Couple trusting the wrong people with bad spending habits, and you have a recipe for disaster. It’s hard to feel bad for famous people, but when this happens, it’s hard not to.
Today, we’re going to go over some singers, actors, and sports stars that have declared bankruptcy for one reason or another. Some of these may surprise you. We never thought that some of these people would go broke! After all, people like Marvin Gaye are legends in their field.