10 Celebrities Who Fell Bankrupt After Being Millionaires

There are celebrities who give their all to achieve success, fame and, of course, fortune! However, when they have all this in their hands they forget that they have to manage their money wisely, because any wrong move could leave them bankrupt.

These 10 celebrities went from enjoying an expensive lifestyle to having to water their shampoo to make it last until the end of the fortnight due to money mismanagement. Their cases remind us that nothing is forever and that it is best to be moderate, as well as keep a little savings in the piggy bank.

1. Johnny Depp

His work alongside director Tim Burton and portrayal as Captain Jack Sparrow in the blockbuster franchise Pirates of the Caribbean they gave him a fortune of more than 650 million dollars. But her luxurious lifestyle, the purchase of castles, yachts, airplanes and desert islands, as well as her addictions and legal problems with her ex-partner wiped out her savings.

2. Lindsay Lohan

Lindsay Lohan; 10 Celebrities Who Fell Bankrupt After Being Millionaires

In the late 1990s and early 2000s, Lindsay established herself as one of the most sought-after and highest-paid actresses in Hollywood. Money came to her easily and drained from her bank accounts in the same way due to her lifestyle, which included designer clothes, jewelry, luxury cars, and travel. In addition, he had a poor monetary management due to his addictions and conflicts with the law.

Currently, he seems to maintain a more relaxed lifestyle and to have recovered from everything that did him wrong and that almost ended his career.

3. Lena Headey

Lena Headey; 10 Celebrities Who Fell Bankrupt After Being Millionaires

Despite having participated in a large list of films, Lena was completely bankrupt and even used to say that she only had five dollars in her bank account. Fortunately it seems that his success in the series Game of Thrones It helped her improve her finances and now she has more than ten dollars in the bank.

4. Kim Basinger

Kim Basinger; 10 Celebrities Who Fell Bankrupt After Being Millionaires

The actress had so much money that she bought her own hometown in Georgia, United States. But only a few months later he regretted doing it, as his money began to disappear after having to pay fines for breaches of contracts and bad investments related to the town he had bought.

5. Chris O’Donnell

Chris O'Donnell; 10 Celebrities Who Fell Bankrupt After Being Millionaires

After acting in Scent of a Woman With Al Pacino, Chris took on the role of Robin alongside George Clooney. However, that film destroyed his image.

After her terrible performance, her job opportunities dwindled so much that she had to start a food business to replenish her finances. He currently owns a pizzeria and has participated in some television series.

6. Nicolas Cage

Nicolas Cage; 10 Celebrities Who Fell Bankrupt After Being Millionaires

His fortune of more than 150 million fell short compared to his eccentric whims, which led him to invest almost all of his money in such things as the LaLaurie mansion, the private island of Laf Cay in the Bahamas, his pyramid-shaped tomb, the skull of a tyrannosaurus and a collection of very rare comics.

Currently, Cage is still active in Hollywood, but beyond doing it for pleasure, he does it to cover his debts with the bank and lenders. And, of course, to buy more eccentricities.

7. MC Hammer

MC Hammer; 10 Celebrities Who Fell Bankrupt After Being Millionaires

MC Hammer was a god of music in the 1990s. Due to his high record sales, he had enough money to buy a mansion valued at $ 30 million. 200 employees worked at this site, it had 20 racehorses, a collection of luxury cars, a private jet and two helicopters. But his career gradually disappeared from the scene and his lifestyle had to be reduced.

In addition, the singer had a debt of 15 million dollars and in 1996 he declared bankruptcy. His fall was so great that even his mansion was seized.

8. Billy Preston

Billy Preston; 10 Celebrities Who Fell Bankrupt After Being Millionaires

Preston collaborated with renowned artists such as The Rolling Stones, Eric Clapton, Little Richard, and the Red Hot Chili Peppers, among others. But he never had the foresight to save. In 2006 he died of kidney failure and left this world without leaving any money to his heirs.

9. Leonard Cohen

Leonard Cohen; 10 Celebrities Who Fell Bankrupt After Being Millionaires

During his musical career, Cohen saved much of his earnings, accumulating a fortune of five million dollars, but one day when he traveled to a Buddhist monastery, Kelley Lynch, who was his partner and representative, took advantage of his absence to steal all the money. . This was part of his revenge because he had fired her in 2004.

10. Dennis Rodman

Dennis Rodman; 10 Celebrities Who Fell Bankrupt After Being Millionaires

In 2010, Dennis met Peggy Fulford. He didn’t know it, but Peggy’s nickname was “Black Widow,” a millionaire con artist posing as a successful financial adviser. She and her husband took care of the basketball player’s finances.

Before long, Dennis was sued for failing to pay support for his children. In addition, his life insurance was also not current. All of these payments were managed by Peggy and her husband, and it was until the debts drown him that Dennis realized he had been scammed, leaving him bankrupt.

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