How Did These 22 Celebrities Go Broke?
Celebrities are famous for their opulence. They rake in millions of dollars and stay in the spotlight attracting more attention. Between the endorsements, high-priced appearances, and industry obligations, celebrities can make enormous sums of money quickly. Between undisciplined spending, poor investments, and numerous requests for their money, celebrities can lose money just as fast. Who are some of the celebrities to go from riches to rags?
22. Mike Tyson
The heavyweight champion changed the world of boxing. Unfortunately, even over $400 million couldn’t keep him from spending all the way to bankruptcy in 2003.