Fans admire celebrities of all genres for their status, their talents and of course their immense wealth. It seems that when someone is rich and famous, doors are constantly opening up to which he is generate even more wealth. Fans are intrigued by all the wealth that is generated, but are often unaware that some of the world’s most sought-after, The highest paid celebrities also waste their millions much faster than they can earn them.
There are many famous faces that have Generated millions and billions of dollars however, currently have a very modest net worth for it. Corresponding Go banking courses, Excessive shopping and high-priced nightlife are among the most popular reasons some celebrities have failed to hold their fortunes, as well as expensive home purchases and back taxes, to name a few. Here are some high profile numbers that boast some seriously low net worth ratings.
10 Chris Tucker: $ 5 million
Many may wonder how the beginning of Fifth element and the notorious Rush hour The series could potentially only be worth $ 5 million, especially considering he paid $ 20 million to appear on the series Rush hour Continuation alone. However, he did some huge real estate purchases in 2011 and retired from acting only to face a tax lien and other financial troubles. His net worth of $ 5 million is certainly not to be sneezed at, but when compared to his actual earnings, it is sadly disappointing that he was unable to keep a larger chunk of his fortune.
9 Sindbad: $ 4 million
Sinbad has dominated both the stage and the small screen with his fabulously funny demeanor and comedic antics, but while he was superb on camera, he was far less successful at managing his money. He filed for bankruptcy twice after accumulating a heavy burden of debt that owed the IRS $ 8.3 million and nearly $ 400,000 on his American Express card. It’s only worth $ 4 million now.
8th Amanda Bynes: $ 3 million
Amanda Bynes had a huge boost when it came to starting her acting career at a young age. She grew up in front of her fans and even starred on her own show called The Amanda Show on Nickelodeon. She went on to do a number of well-received comedies like What A Girl Wants, but it wasn’t long before the child star collapsed under pressure. A very public and incredibly dramatic nervous breakdown led to the end of her career, and she lost most of her fortune with little hope of reviving her working life.
7th Mike Tyson: $ 3 million
Aprobably one of the greatest fighters of all time, Yahoo news reports that Tyson has made well over $ 300 million in his hugely successful boxing career. However, he lost it after being embroiled in a series of charges of assault, addiction problems, and legal fees. He spent far more than he earned when he filed for bankruptcy in 2003. His current net worth is just $ 3 million, a fraction of his income and far less relevant than his successful career suggests.
6th MC Hammer: $ 2 million
mC Hammer dominated the airwaves in the 1990s, and people of all ages and walks of life knew exactly what “Hammerzeit” meant. MC Hammer’s characteristic puffy trousers and the unmistakable lyrics have made him a superstar at a rapid pace. At one point it was worth well over $ 25 million, but after that buy a villa That included a 17-car garage and a slew of staff to cater to all of his needs, and MC Hammer lost most of his fortune to over-spending. It has had to file for bankruptcy and is currently only worth $ 2 million.
5 Lindsay Lohan: $ 500,000
Infamous party girl Lindsay Lohan was once worth a lot more than her current $ 500,000. After spending much of her income on her lifestyle, there was very little left, and the IRS wanted a large chunk of what was left of her wealth. The choices Lohan made at the height of her career ultimately resulted in her death as the producers didn’t want to risk working with her on a project she couldn’t see through or would not go well because of her lack of Commitment and focus. It is difficult for her to recover and take back her throne.
4th Evander Holyfield: $ 500,000
E.vander Holyfield has an astonishing number of awards and medals under his belt, including several World heavyweight champion Wins. His prize pool was well over $ 230 million, yet his net worth is estimated to be around $ 500.00 today. He invested in multiple properties but failed to make his payments, resulting in foreclosures and other penalties. At one point he had more money than he would ever need if he lived a normal lifestyle, but now he’s starting at the bottom trying to rebuild.
3 Aaron Carter: $ 2 million
Aaron Carter’s net worth of $ 2 million is nothing to be sniffed at. Until it is compared to the fact that by the age of 18 he had already made well over $ 200 million. After realizing this, it quickly becomes clear that he has spent far more than he deserves. His unscheduled home purchases and inability to keep track of his tax bills were draining his account and he was only able to keep a fraction of what he had made throughout his career.
2 Heidi Monday: $ 20,000
Heidi Montag and her husband, Spencer Pratt, raked the dough when they starred The hills. Since they both had Main roles in the showIt wasn’t surprising that they lived lavishly and partied hard, but they definitely went too far. After making $ 2 million a year insider states they ended up spending $ 3,000 on bottles of wine and over $ 15,000 on their dates, along with piling their closets full of $ 1 million worth of designer clothes. That quickly liquidated their fortune, and they’re only worth $ 20,000 now.
1 Burt Reynolds: $ 3 million
B.Entertaining the crowds for well over three decades, Urt Reynolds was one of the biggest names in Hollywood. Unfortunately after the success in the 60s and 70s Vanity fair, “I lost more money than I could because I just didn’t look at it.”
He blew up his earnings with a private jet, over 150 horses, and all sorts of personal obsessions that reduced his account to just $ 3 million, which is far from what he has done for 40+ years of business should show in the industry.
READ ON: Here’s How DaBaby Made $ 5 Million … And Could Lose It All
Sources: Vanity Fair, Yahoo News, Go Banking Rates, Insider
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A writer and editor with a passion for life, Leena keeps her finger on the pulse of the latest news and events. She spends her free time wherever the sun shines.
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