eBaumsWorld: Funny Videos, Pictures, Soundboards and Jokes
Funny Galleries Funny Videos Games Time Wasters Internet Classics
eBaumsWorld: Funny Videos, Pictures, Soundboards and Jokes
  • Funny Galleries
  • Funny Videos
  • Games
  • Time Wasters
  • Internet Classics
Funny GalleriesFunny VideosGamesTime WastersInternet Classics
  • 1 - 10
  • 11 - 20

18 Celebrities Who Went Broke

It's amazing how fast you can spend a fortune.

By Mizuka Ishiwatari

Published 10 years ago in Facepalm

It's amazing how fast you can spend a fortune.
  • 1

    Chris Tucker couldn’t get the IRS off his back when they asked for the $11 million he owed them in back taxes. The only way to do so was to sell his two mansions in Florida and one in LA.

    18 Celebrities Who Went Broke

  • 2

    The IRS reportedly froze Lindsay Lohan's accounts due to $234,000 owed in back taxes.

    18 Celebrities Who Went Broke

  • 3

    Dennis Rodman was too broke to pay the $800,000 in child support he owed his third wife.

    18 Celebrities Who Went Broke

  • 4

    In 2013 Lauryn Hill served a 3 month prison sentence for failing to pay taxes on over $1.8 million.

    18 Celebrities Who Went Broke

  • 5

    It turned out that Nicolas Cage owed $14 million in taxes to the government. He had to sell some of his estates to pay it off (he has over $150 million worth of mansions).

    18 Celebrities Who Went Broke

  • 6

    In 2013 Lauryn Hill served a 3 month prison sentence for failing to pay taxes on over $1.8 million.

    18 Celebrities Who Went Broke

  • 7

    18 Celebrities Who Went Broke

  • 8

    Gary Coleman earned millions when he was young, but then his family and manager ruined him - they've spent most of his 8 million dollar fortune and he had to file for bankruptcy.

    18 Celebrities Who Went Broke

  • 9

    Michael Jackson's home cost $10 million a year to maintain, and soon made the King of Pop go bankrupt.

    18 Celebrities Who Went Broke

  • 10

    Mike Tyson earned over 400 million dollars in his career, but spent well over 450. With 50 million in debt, he had to file for bankruptcy.

    18 Celebrities Who Went Broke

  • 11

    Even though Brendan Frasier is known for his many roles and a huge paycheck, he had to file for bankruptcy, with his manager fees on top of child support payments of over $75k per month.

    18 Celebrities Who Went Broke

  • 12

    Abraham Lincoln actually filed for bankruptcy twice.

    18 Celebrities Who Went Broke

  • 13

    Wesley Snipes racked up an IRS bill of over $12 million in six years and spent three years in prison for it.

    18 Celebrities Who Went Broke

  • 14

    Evander Holyfield had to sell his mansion to cover his debt of $14 million he owed to the JP Morgan Chase financial firm, the $200k to the IRS and the $500k in back child support.

    18 Celebrities Who Went Broke

  • 15

    Around $1.1 million renovation of her home and countless dollars owed in back taxes made Pamela Anderson file for bankruptcy.

    18 Celebrities Who Went Broke

  • 16

    After investing huge sums on the Paige typesetting machine, Mark Twain managed to transfer all of his copyrights to his wife before declaring personal bankruptcy.

    18 Celebrities Who Went Broke

  • 17

    Following a lawsuit filed by former songwriting partner, Jim Steinman, in the mid 1980s, the artist was forced to declare bankruptcy.

    18 Celebrities Who Went Broke

  • 18

    Stephen Baldwin's fortune didn't last long and he had to file for bankruptcy as well.

    18 Celebrities Who Went Broke

  • 19

    Toni Braxton first filed for bankruptcy in 2010 when she owed over $50 million to creditors, and for the second time in 2013. Six months later she purchased a $3 million home in a prestigious Calabasas, California neighborhood.

    18 Celebrities Who Went Broke

  • 20

    After her divorce, the popular Cersei from Game of Thrones, Lena Headey had to sell her house to pay off her debts. She doesn't need to worry about financial problems anymore, but there was a point where she only had $5 on her bank account, or so she claims.

    18 Celebrities Who Went Broke

Categories:

Facepalm

Tags:

celeb celebrity broke financial problems weird strange popular singer movie film actor great gallery wow fact facts irs
Scroll Down For More


Most Popular

22 of the Funniest Fails, Flops, and Flounders We've Seen

22 of the Funniest Fails, Flops, and Flounders We've Seen

Our Coworkers We'd Like to See Fired Immediately

Our Coworkers We'd Like to See Fired Immediately

Strange Old Historical Photos With a Bit of Context

Strange Old Historical Photos With a Bit of Context

  • About Us
  • Privacy
  • Terms
  • DMCA
  • Contact

If you are the original creator of material featured on this website and want it removed, please contact the webmaster

Copyright© 1998-2025 Literally Media