How Do These Uber-Rich Celebs Keep Going Bankrupt?


14. This Lady Loves Spending Massive Amounts Of Move

Courtney Love is best known as Kurt Cobain’s girlfriend and later wife, and after his tragic passing she spiraled into a spending spree and turned to drugs. Her debt caused her to lose her house and she was forced to part with her portion of Nirvana’s song catalog. She never did quite recover, and her story is definitely a sad one.

13. This Actor Is All Action And No Payment

Wesley Snipes is well-known for his role in the Blade movies, but was convicted of tax eviction and sent to jail in 2006. It turns out that Snipes owed over 12 million dollars to the IRS. That’s a hefty bill to have hanging over your head, and Snipes was never able to fully recover.

12. This 70’s Icon Now Relies On An Allowance

Young girls swooned over Leif Garrett in the 1970’s, and his fame brought his a decent-sized fortune. Garrett had to file for bankruptcy in 2001, and his sole income at the time was $1,000 a month from his mother. It’s hard to recover from that kind of embarrassment.

11. Even Famous Actors Have To Pay Child Support

Brendan Fraser was at his peak during the late 1990’s, and he was making around 2 million dollars a year. Fraser’s career has slowed down a little bit, but he is still required to pay $75,000 a month in child support. This amount is based on his old salary, which has taken quite a toll on his bank account.

10. The King Of Pop Knew How To Go Through Mountains Of Money

Michael Jackson is fondly remembered by many as one of the most iconic pop stars of all time, but after his death in 2009, his children may have been left with less than many expected. Jackson made almost too much money to count, but he knew how to go through it fast. He spent lavishly on plastic surgery and the upkeep of Neverland Ranch, which cost over 10 million dollars per year to sustain.


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