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Fame and fortune can be fleeting, and financial security is never guaranteed. Join us as we delve into the shocking stories of public figures who found their once-massive wealth and thriving careers vanish into thin air, often due to poor decisions, bad investments, legal troubles, or unforeseen circumstances. From beloved movie stars to iconic music legends, their tales serve as cautionary reminders that even the highest earners aren't immune to the harsh realities of financial ruin.
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00:00It wasn't until like day 30 in treatment that I actually woke up and said you are being given a
00:05gift here. Welcome to Ms. Mojo and today we're looking at celebrities who lost their wealth
00:11and or status. I have to monitor myself because I'm definitely on a budget. Wesley Snipes. Do you
00:19think you've changed as a person? I hope so. I hope so. You know my dress size has changed quite
00:28a bit.
00:28You might not see much of Wesley Snipes these days but back in the 90s and early 2000s he was
00:34everywhere. Action, comedy, drama. He did it all. His role as the vampire slaying Blade made him a
00:40legit superstar. But when Snipes reached his peak everything started falling apart. On the set of
00:46Blade Trinity he reportedly clashed with the director and co-stars earning the difficult to work with
00:59label. We all know how damaging that can be. Then the real blow came. Snipes got a three-year
01:07sentence for tax evasion losing precious time when his career could have soared higher. In a 2020
01:13interview he said the experience made him a clearer man. Maybe so but not just the famous one he once
01:20was. I don't like you. You never did. Michael Vick. Things are still gonna happen. Situations
01:26are still gonna come up but it's all about how you get yourself away from it and you know how
01:32you
01:32persevere through those situations. As the downfall of R. Kelly and others have shown, fame and fortune
01:37don't make you untouchable. Before 2007, Michael Vick was mostly known as one of the NFL's brightest
01:44stars. But his dogfighting scandal changed everything. It all started when a drug investigation
01:49involving his cousin led authorities to Vick's property where they discovered an illegal dogfighting
01:55ring. It wasn't his first brush with legal trouble but it was by far the most damaging.
02:00When police raided a farm he owned in rural Virginia in 2007, they uncovered an interstate
02:06dogfighting operation called Bad News Kennels. His reputation took a hit. He lost his freedom for 21 months
02:14finances took a nosedive. Between losing his NFL salary, endorsements, and drowning in debts,
02:20Vick filed for bankruptcy in 2008. He may be back on his feet now but that stain on his reputation
02:26lingers. Did you even know it was wrong as you were doing it? Uh you know I you know I
02:33knew it was
02:34morally wrong on the inside because of what we was condoning them with the dogs uh but you know I
02:40never
02:40heard about anybody getting in trouble going to prison uh you know losing their freedom.
02:45Kate Gosselin. You still love him? Somebody once told me that if you feel um sadness and empathy
02:53and pity for someone um the root of that is love so. In the mid-2000s Kate Gosselin was soaring
03:01high.
03:01Her reality show John and Kate plus eight which followed her and her husband John raising eight
03:06kids was a massive hit. Fast forward to 2009, the couple divorced. The show got a rebrand and things
03:13were no longer the same. I got those girls cell phones and iPads so that I could take them away.
03:21Yes indeedy and I've learned I'm not the only parent of teens who has discovered that little gem.
03:27The divorce drama painted Kate in a negative light with rumors of her controlling attitude
03:32and parenting style turning viewers off. The custody battles and allegations of mistreatment
03:38didn't help matters nor did her show's declining ratings. Since other tv projects fell flat Gosselin
03:45reportedly went back to nursing. These days she lives a quieter life but her public image is still
03:50shaped by vast controversies and the Karen label. People change and I I was still on the the path that
04:01we had both agreed on and I think I found myself there alone one day. Lenny Dykstra. Of course I
04:09was upset
04:09I was upset and I was angry and I but the reality is when I look back I made mistakes.
04:17It's wild how
04:18someone can go from owning an expensive penthouse to losing it all. That's essentially Lenny Dykstra's
04:24story. Baseball fans from the mid-80s to late 90s will probably remember this gritty player who
04:30helped the Mets win the 1986 World Series. But after he retired Dykstra's world came crashing down.
04:37Before he knew it Lenny through careless spending catastrophic business decisions and defending a
04:45list of legal charges brought against him was broke. In 2009 he filed for bankruptcy claiming
04:52fifty thousand dollars in assets but behind the scenes were a mountain of debts shady deals and
04:58hidden assets. His troubles didn't end there. Legal woes piled up including charges for grand theft auto
05:05drug possession and bankruptcy fraud. Add in erratic behavior and other disturbing allegations
05:11and you've got a cautionary tale of how money fame and bad decisions can collide. Do you have any
05:17money now? Um I mean the federal government's got most of it. They got 50 million probably.
05:24Kurt Schilling. Schilling climbs the mound and prepares to take on this Yankee lineup.
05:29This baseball star was once on top of the world. Fame, fortune, respect on the field. He had it all.
05:36Who could forget his bloody sock from the 2004 American League Championship Series that was sold
05:41for a little over 90,000 dollars. After retiring from baseball he set his sights on the business world
05:47but that turned out to be a colossal failure. Fueled by his hobby for gaming, Schilling borrowed
05:53millions and launched a video game company. This one-time jock created all this opportunity
06:00by turning in his baseball for a broadsword. Unfortunately for him, he also allegedly invested
06:06his entire net worth into this project, resulting in bankruptcy. As for his company, it bled out.
06:13Many lost their jobs and eventually it all collapsed. There's no question he's on the hook and
06:18uh he's taking a serious serious financial hit. Post bankruptcy, Schilling joined ESPN as an
06:24analyst but that gig wasn't without its own controversies. Lisa Marie Presley. Elvis Presley
06:31Enterprises merged with another company and in that merging he bought 85 percent of it. However,
06:37I still own 15 percent. I still have control in what happens and all a lot of that money actually
06:42it was a diversification process is what happened. Elvis Presley wasn't dubbed the king of rock and
06:47roll for nothing. He was one of the greatest artists to ever live. But by the time he died,
06:51most of his fortune was gone. His ex-wife, Priscilla Presley, however, managed to turn his legacy into a
06:57multi-million dollar brand. When Lisa Marie Presley, Elvis's only daughter, inherited the estate at age 25,
07:04it was reportedly worth around 100 million dollars.
07:13Sounds like she was set for life, right? Well, not quite. A trail of questionable decisions led to her
07:18losing control of the fortune her mother had rebuilt. Debts piled up, lawsuits followed, and as of the time
07:25of her death in 2023, she was reportedly 10 million dollars in the red.
07:29There is no way we are going to do anything that is going to at all harm, you know, the
07:35name or of my
07:36father or my father, period. Willie Ames. Trouble's where you find it. You know, you can find it in
07:42Wall Street, you can find it in corporate. It's wherever you choose to find it. I made some really
07:47stupid decisions in my life, and I'm proud of them. Falling from riches to rags isn't exactly rare
07:53in Hollywood, and Willie Ames is a prime example. In the 80s and 90s, he was living large, starring as
08:00Tommy in Eight is Enough and Buddy in Charles in Charge. I bought you a new pet to replace your
08:07snake. What is it? It's a surprise. I don't care what it is. All I want to know is what
08:11does it eat?
08:12Everything. The guy was a teen idol, but stardom doesn't come with a lifetime guarantee. Rolls dried up,
08:19substance use disorder became a problem, and his fortune dwindled. One bad decision after another
08:24left him completely homeless. The same actor who once had millions was struggling to survive.
08:30In a 2017 interview, Ames opened up about hitting rock bottom and taking responsibility for his actions.
08:37It takes sheer determination to reach an all-time low and come out strong. We'll give him that.
08:42No, we won't refinance you. No, we won't lease it to you. And you need to be out.
08:49In six days. We can't help you.
08:51Ed McMahon.
08:52Well, doesn't a shark continually swim? It never stops swimming.
08:56The shark never stops swimming. All its life.
08:59What does that got to do with my swim?
09:00Well, I mean, this is you saying for the first three years, this is all its life. It never stops
09:04swimming.
09:04What happens when you outspend your earnings and go through a couple of divorces? You could end up
09:09like Ed McMahon. Once TV royalty, Ed was Johnny Carson's sidekick on The Tonight Show,
09:14and later the face of Star Search. But in 2008, fans were stunned to learn he was $644,000 behind
09:22in mortgage payments and facing foreclosure on his Beverly Hills mansion.
09:28I can't believe it. Surprise, surprise, surprise.
09:31That's not even all. Citibank sued him for unpaid debts and a neck injury only made his situation worse.
09:39In a candid chat with Larry King, McMahon acknowledged his role in his financial ruin.
09:44Overspending, risky loans, divorces, you name it. The saddest part? A man who once made millions
09:50allegedly died with about $2 million in debt.
09:54Nobody has made an offer. I mean, it's just, and it's a lovely home. I hate to leave it. I
09:59want
09:59to keep the home. I want this all to work out.
10:02Lauren Hill
10:09Fame at a young age can be a double-edged sword. Lauren Hill was in her early 20s when the
10:15Fugees
10:15dropped The Score, one of the biggest hip-hop albums of the 90s. But tension in the group,
10:20especially with Wyclef Jean, led to their breakup.
10:24I was drumming my pain with his fingers. One time. One time. Singing my life with his words.
10:33One time. That didn't dim Hill's light. She soared solo with the miseducation of Lauren Hill,
10:38which was a critical and commercial triumph. But after the high, things unraveled. The Grammy-winning
10:44artist slowly withdrew from the spotlight and, over the years, gained a reputation for being late or
10:50unpredictable at shows. Then came the final blow, a tax scandal that landed her in prison for three
10:56months. Unfortunately, not everyone built for greatness is cut out for fame.
11:01I'm out here with Wyclef, the son of Gessner. These days, that's a heroic gesture. We need to
11:07learn to forgive, build a bridge to terabithia.
11:09Tom Sizemore. Once upon a time, Tom Sizemore was Hollywood's go-to for tough-guy roles,
11:15stealing scenes in Heat, Black Hawk Down, and Saving Private Ryan.
11:19Someday we might look back on this and decide that Saving Private Ryan was the one decent thing we
11:27were able to pull out of this whole god-awful s*** mess.
11:31But as Sizemore's acting career was booming, his life was spiraling. Why? Sizemore had a serious
11:38substance use disorder, but that wasn't all the mess he had in his life. The action star was also
11:43arrested multiple times for domestic abuse, drug possession, and probation violations.
11:49Do you still get pretty closely followed by the TMZs? Do you get the feeling that they're
11:54kind of waiting for you to stuff up again? Despite a few comebacks, Sizemore failed to
12:00reclaim the fame he once had. His name became more associated with scandals than talent. He went from
12:07a multi-million dollar house and luxury cars to having almost nothing. Tragically, at 61,
12:14he died from a brain aneurysm, which his lifestyle may have contributed to.
12:18I always did thought I could come back, but in the previous year to me going into treatment here,
12:22the addiction had become, I didn't even like it anymore, but I could not stop doing it.
12:28Heidi Montag and Spencer Pratt.
12:30How is your financial situation now? It's a struggle.
12:35Lots of Mexican food, you know, at the food shop.
12:37Once the king and queen of reality TV, Heidi Montag and Spencer Pratt shot to fame in the mid-2000s
12:43on MTV's The Hills. They brought a lot of drama, often overshadowing the show's star, Lauren Conrad.
12:50That's her problem, I guess.
12:52She'll roll on it.
12:54What?
12:54She'll roll up on it right now.
12:56Their lavish lifestyle was no secret. They blew cash on luxury wardrobe, Pratt's crystal
13:01collection, a full staff, all while ignoring their business manager's warnings. Heidi's failed
13:06music career, plus her infamous plastic surgeries done in one day, didn't help matters. Soon,
13:12all the money was gone, and they were living broke in Pratt's parents' vacation home. Sadly,
13:18in 2025, they lost their home to the LA fire outbreak. There's more than enough caution in
13:24this cautionary tale. It's a place that you love, that you live, that's a refuge from the world,
13:30and to have that be gone is a really difficult concept to continue to daily deal with.
13:38Sly Stone
13:38Sly Stone rose to prominence in the late 1960s as the frontman and bandleader of Sly and the
13:45family Stone. The group was groundbreaking, not only for their unique blend of funk, rock,
13:57soul, and gospel, but also for their racially and gender-diverse lineup. Stone's visionary talents
14:03led the group to commercial fame, but his struggle with substance use disorder largely contributed to
14:08their dissolution in 1975. In the years following that, Stone launched a solo career that never quite
14:15took off. On top of that, the substance use disorder persisted, and he reportedly clashed
14:30with his manager and lost access to royalty payments for many years. This apparently put him in the hole,
14:36leaving him homeless and dependent on welfare checks. In June 2025, Stone sadly passed away at
14:43the age of 82. Doug Hutchison
14:46Although he had accumulated a string of supporting film credits, Doug Hutchison's breakthrough came in
14:521999's The Green Mile. Hutchison earned critical acclaim and multiple award nominations for his
15:07performance as a sadistic prison guard in the Stephen King adaptation. He eventually lost all of
15:13that favor when, at the age of 51, he got married to the then-underaged, upcoming singer Courtney Stodden.
15:20Why the rush to get married? Because, you know, I felt like, um, this world isn't gonna last forever,
15:26and, uh, you know, life's short. Hutchison was widely criticized for the move, and, according to him,
15:32was completely blacklisted by Hollywood and even his own family. This brought his once-flourishing career
15:38to a screeching halt, leading him to file for bankruptcy in 2017. The couple managed to weather the storm and
15:44remain together for years, although they eventually called it quits in 2020.
15:49It's been the rock for me through so many things, you know, that I've been through, so, um, you know,
15:56it's, it's, it's been, it's been interesting.
15:58Teresa Giudice. Since 2009, Teresa Giudice has been a regular cast member on The Real Housewives of New Jersey.
16:10That same year, Giudice and her husband Joe filed for bankruptcy, citing over $8 million in liabilities.
16:18This, however, was only the start of their troubles. In 2013, they were both indicted on multiple fraud
16:24charges, with some of them related to their 2009 bankruptcy case.
16:28What did you know about any of that? I would love to answer all your questions, and one day I
16:33will,
16:33but, you know, out of the respect of the process, I'm gonna let, you know, the legal matters play out
16:40in court.
16:40They eventually entered a guilty plea and were ordered to pay over $400,000 in restitution.
16:46As a result, Giudice was sentenced to 15 months in prison, which he served at the Federal Correctional
16:52Institution in Connecticut. In 2020, Giudice filed for divorce from Joe, and the couple sold off their
16:58longtime New Jersey mansion the following year.
17:01How do you make a marriage like that work? I mean, it's, it's, it's kind of hard. Like, I want
17:06to wake
17:06up with someone, go to sleep with, you know, with some, you know, I want to, I want to wake
17:11up,
17:11you know, I want to spend every day with that person.
17:13Kelly Rutherford. Kelly Rutherford has been a staple on the small screen from as far back as the late 80s.
17:19The Kentucky-born actress first burst onto the scene with the NBC soap opera Generations.
17:25Listen, I want to, I want to thank you for making my dad's wish come true.
17:31You know, I am so glad he has you for a friend.
17:34Oh, honey, thank you for your support.
17:37She later gained further recognition with major roles in Melrose Place and Gossip Girl.
17:42But all of the money Rutherford amassed from those shows was eventually whittled away by a grueling
17:47custody dispute with her ex-husband, Daniel Gerrish. After filing for divorce in 2008,
17:53Rutherford fought for sole rights of their two children, a battle that cost her about $1.5 million
17:59in legal fees alone. As a result, she filed for bankruptcy in 2013. Regardless, the dispute continued,
18:06and Rutherford ultimately lost custody of both children in 2015.
18:11From the beginning, I said I would fight for my children. I think most parents would.
18:16This was a mother refusing to abide by a court order and forcing the father to do something that
18:24he was loath to do. TLC. With four Billboard number one hits, multiple awards, and tens of millions of
18:31records sold, TLC were undeniable powerhouses throughout the 90s.
18:35Go, go chasing waterfalls. Please stick to the rivers and the lakes that you're used to.
18:45Their sophomore album, Crazy Sexy Cool, was released in November 1994 and sold more than 15 million
18:51copies worldwide. So it came as an absolute shocker when, the very next year, it was announced that
18:58they were filing for bankruptcy. TLC cited their seemingly exploitative record contracts,
19:03which left each lady with less than $50,000 in annual payments.
19:08At the height of their fame, they filed for bankruptcy. Cheated, they say, by unfair recording
19:13contracts. We're so broke, we had to borrow money to go broke. They succeeded in renegotiating their
19:18contracts and bounced back with 1999's fan mail. However, due to the sad and untimely death of Lisa
19:26Left Eye Lopez in 2002, they went on a hiatus, but have since come back together, now as a duo.
19:33Brett Butler. For five years, Brett Butler played the titular divorced single mother on the ABC sitcom
19:40Grace Under Fire.
19:42Bedtime.
19:44How come I go to sleep when I'm not tired?
19:47Because whether you're tired or not has nothing to do with it, honey. You gotta be when mama's tired.
19:52As the main star, Butler took home around $250,000 per episode. But her struggle with substance use
19:59disorder eventually contributed to the series getting the axe in 1998. Since then, Butler has
20:04come under financial fire, admittedly making careless decisions that ate up most of her net worth.
20:10This is so dramatic, but I felt like my soul was leaving before. I knew I was probably going to
20:15die.
20:15It wasn't what it should have been, which is losing my terrific husband, getting fired.
20:21Although she made a return to the small screen, taking up recurring roles in How to Get Away with
20:25Murder and The Walking Dead, things don't seem to have gotten any better. In 2021, Butler became so
20:32broke that she nearly lost her apartment and hesitantly set up a GoFundMe page in order to save it.
20:39Sinbad. Comedian and actor Sinbad first gained popularity on the TV series A Different
20:45World before landing his own sitcom, The Sinbad Show.
20:49Come on, man. We're a team, right, man? Always been a team. When something good happened to me,
20:53something good happened to you, right? Team, brother. Don't leave me, hand me, brother. Come on.
20:57Although the series was canceled after one season, Sinbad went on to film multiple stand-up specials
21:02and appeared in a host of movies and TV shows. But as his star power kept rising, so did his
21:08spending,
21:09up to the point that it exceeded his income. And it certainly didn't help that he kept defaulting
21:14on his tax payments, ultimately accruing a tax debt of $2.5 million. In 2013, Sinbad filed for
21:22bankruptcy, declaring that he was $11 million in the hole with only $16,000 in monthly income.
21:29Not even saying, when the bankruptcy hit me, people looked at me like, look at you. I said,
21:34bro, look at my life. You can look at me. You ain't never seen Sinbad with something
21:37that he wasn't supposed to have. I helped a lot of people in my life. I pushed a lot of
21:43people
21:43forward in my life. Amanda Bynes. Amanda Bynes spent four years on the Nickelodeon sketch series
21:49All That before landing her own spinoff, The Amanda Show.
21:52Hello, I am Judge Trudy. Now, uh, Jason Fema, I understand you have a complaint against your
21:59parents. Sure do, Judge Trudy. His complaint is ridiculous. Did I tell you it was your turn to
22:05speak, mister? I can't keep my mouth shut. By the 2000s, she was already a teen idol,
22:11racking up credits like What a Girl Wants and Hairspray. But things soon took a downturn.
22:16Bynes faced a tough battle with substance use disorder and found herself in a rabbit hole of legal
22:21trouble. With rolls drying up and so many court cases piling, it became easy for money to go down
22:28the drain. Then she started making headlines for all the wrong reasons. A series of driving
22:34violations, disturbing tweets, even a hospitalization under a psychiatric hold. Even worse, she was placed
22:41under a conservatorship and lost control of her finances. Bynes seems to be getting her life back
22:46on track, however, as she has maintained a long streak of sobriety and had her conservatorship
22:52ended in 2022. Gary Coleman. For his role as Arnold Jackson on the NBC sitcom Different Strokes,
22:59Gary Coleman was, at one time, receiving the biggest salary for any child actor on the small screen.
23:06Get a load of Supermouse. Watch it, Vernon. The last dude who talked to me like that,
23:12I laserized his nose. But after Different Strokes came to an end in 1986, Coleman realized that his
23:19parents, who had been overseeing his finances, had grossly mismanaged it. In 1989, he filed a
23:26lawsuit against them, as well as a financial advisor, and was awarded $1.28 million in restitution.
23:32In the end, when he went to court to compel that accounting, he found that after everyone else
23:37was paid, there was almost nothing left for him. You were fleeced. Pretty much.
23:43However, the roles seemed to dry up as Coleman grew older, leading him to file for bankruptcy in
23:481999. He reportedly battled with multiple health and legal issues later in life, and passed away in
23:542010 after falling down and suffering a brain bleed. I just hope Gary's happy, and he's in a better
24:00place, and he's not suffering anymore. MC Hammer
24:03Over the span of a decade, MC Hammer became the quintessential rags-to-riches and back-to-rags
24:09Hollywood story. After releasing two moderately successful albums, Hammer achieved worldwide fame
24:15with his hit single, You Can't Touch This, from his third studio album.
24:19My music hits me so hard, makes me say, oh my lord.
24:23At the time, Hammer's net worth was valued at over $33 million by Forbes. This seemingly overnight
24:30wealth was soon sucked up by his lavish spending, extravagant mansion, and numerous dependents.
24:36Everybody knew that I had 200 employees. It wasn't no secret. So what do you think,
24:40I was paying them in hamburgers?
24:43By 1996, Hammer's musical success had plummeted, and he had to file for Chapter 11 bankruptcy,
24:49as he was over $13 million in debt. The California rapper never quite
24:54recovered from his fall, despite a few comeback attempts.
25:03Dennis Rodman
25:05As a professional basketball player, Dennis Rodman became world-famous for his insane
25:10skills on the court, as well as his controversial persona.
25:18Rodman retired from the NBA in 2006 and also performed as a wrestler, actor, and reality TV
25:25star. Rodman's journey to Penery began in the mid-2000s when he became involved with the con
25:31woman Peggy Ann Fulford. Fulford posed as a financial advisor and was able to scam Rodman,
25:37as well as multiple other athletes, of millions.
25:55This ate into his finances so much that he could barely afford to make his child and spousal support
26:01payments. After Fulford was convicted, Rodman was awarded over $1 million in restitution,
26:07which, admittedly, he most likely will never get. T-Pain
26:12Since bursting onto the scene in 2005, T-Pain has racked up a slew of hit singles and accumulated
26:18a fortune of over $40 million. However, instead of making wise financial investments, he bought
26:25a massive house and a $2.1 million Bugatti, which he later sold off for just $800,000.
26:31And then I was like, hey, since I got this Bugatti, you know, I need another house.
26:37I can probably take this one. These people just moved out of a house that's literally
26:41connected to my house. So, you know.
26:43It certainly didn't take too long for that bank account to go low, low, low.
26:52By 2019, the Bayou A Drank singer was left with no option but to file for bankruptcy protection.
27:04He did win the first season of The Masked Singer the same year,
27:07and things seem to be looking up for T-Pain nowadays.
27:11Todd Herzog
27:12Prior to being cast on the 15th season of Survivor, Todd Herzog traveled across America
27:17as a flight attendant for SkyWest Airlines. His highly calculated run on the show culminated
27:23in him winning the season and taking home the $1 million cash prize at just 22 years old.
27:28Winner of Survivor China.
27:35But while he triumphed on the screen, Herzog's entire fortune was in jeopardy,
27:40as he was struggling with alcohol use disorder.
27:43It wasn't until about 30 days into treatment that I realized exactly how bad I was.
27:48And you had no recollection of being on The Dr. Phil Show.
27:52I remember about this much.
27:53After seeking professional help, Herzog was able to turn his life around.
27:57He has since attained sobriety and now lives a rather quiet life with his husband,
28:02Jess Hermanson.
28:03We had the dolphins help me propose to this beautiful man, Jess.
28:09Fantasia.
28:14This North Carolina singer and actress was propelled to stardom after winning the third season of
28:20American Idol in 2004.
28:22The winner of American Idol 2004 is Fantasia Barino.
28:32Her first ever single, I believe, went straight to number one in the US and Canada,
28:37and her debut album was certified platinum.
28:40Things seemed to be off to a good start for Fantasia,
28:43but due to her sole breadwinner status among her siblings, mother and daughter,
28:47and the declining sales of her second album, she soon found herself struggling.
28:52Her $1.1 million house was set to be auctioned off to cover an unpaid loan.
28:57In an interview with Oprah, Fantasia owned up to her mistakes,
29:01blaming her misfortune on her financial decisions and inability to say no.
29:09In 2023, she announced her return to school after dropping out as a teen.
29:15Gary Busey.
29:16Once upon a time, Gary Busey was a mainstream Hollywood star.
29:20The Texas actor gained national attention for his leading performance in the 1978 biofilm,
29:26The Buddy Holly Story, which earned him an Oscar nomination.
29:35He followed this up with starring roles in movies like Lethal Weapon and Point Break,
29:40which were certified box office hits.
29:43Listen, stop those little shit!
29:45I was taking shrapnel and quesad while you were crapping in your hands and rubbing it on your face!
29:49His financial downturn came in 1988, when Busey was involved in a serious motorcycle accident
29:55that left him with permanent brain damage. The once bankable Hollywood player became
30:00erratic on and off camera, and soon struggled to find roles in movies and TV shows.
30:05My brain got altered in a way that's not normal,
30:10and I have a different way of looking at things and feeling things,
30:13and I know how special life is.
30:15With most of his money gone and not enough coming in,
30:18Busey had to file for Chapter 7 bankruptcy in 2012.
30:22Lil' Kim
30:27Widely regarded as the queen of rap, Lil' Kim inspired a generation of rappers with her music,
30:32and has sold upwards of 30 million singles globally.
30:35Life really was all about the Benjamins for the hip-hop star.
30:43However, following dwindling album sales and a prison stint in 2005,
30:48Lil' Kim found herself in a free fall.
30:50In 2018, she declared bankruptcy, claiming to be about $4 million in debt,
30:56with unpaid taxes and mortgage loans taking up a large chunk of that figure.
31:01In order to pay off her debt, the Queen B's $2.3 million mansion was auctioned off,
31:06with the opening bid being $100. Yep, you heard that right.
31:17Kim Basinger became a Hollywood fixture for her notable femme fatale roles throughout the 80s and
31:3190s.
31:32But at the height of her acting career, Basinger faced multiple setbacks that severely impacted her finances.
31:42First, she paid $20 million to acquire a small town in her home state of Georgia,
31:47an investment that backfired tremendously.
31:50Next, she backed out of the doomed movie Boxing Helena, for which she was sued and forced to pay
31:56millions of dollars to the studio. This resulted in her filing for bankruptcy. To top it all off,
32:02her marriage to Alec Baldwin ended in a messy divorce that reportedly cost the Oscar-winning
32:07actress another few million dollars.
32:09Um, you know, we're all fine. We all get along, whatever. But he's been,
32:14but he's a challenge. I mean, come on.
32:16She never quite recovered financially.
32:18Toni Braxton
32:19For someone like Toni Braxton, who's sold more than 70 million records worldwide,
32:24it's hard to imagine how she could go bankrupt twice.
32:31Just two years after her smash hit, Unbreak My Heart, Braxton found herself in dire straits,
32:37and had to declare bankruptcy. While her music generated millions, Braxton barely got any of it
32:43due to specific clauses in her recording contract.
32:54She managed to dig herself out of that hole, but ended up filing for bankruptcy again in 2010,
32:59after her Vegas residency was cancelled due to her health issues. But just like the Phoenix,
33:05she was able to rise from her financial ashes, and has since produced and starred in the successful
33:10reality series, Braxton Family Values.
33:13And no one did anything for me. My family wasn't my people that I love. Because when you're being
33:18inducted into something, you call the people close to you. But everybody bailed on me.
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33:39Burt Reynolds
33:40Oh, I love your suits. They must be a bitch getting a size 68 extra fat.
33:44Hollywood legend Burt Reynolds was a top box office draw in the late 70s and early 80s,
33:50but he gradually lost his bank ability as the years progressed. This, coupled with his costly divorce
33:56from Lonnie Anderson and some poor investment choices, led to the actor filing for bankruptcy in
34:021996. He made a career comeback soon after with Boogie Nights in 1997, which earned him a Golden
34:08Globe and an Oscar nomination. By 2014, Reynolds was auctioning off personal items and memorabilia,
34:22which rekindled news of bankruptcy. In 2014, he auctioned his most iconic belongings, the canoe from
34:29Deliverance, the Trans Am from Smokey and the Bandit, and his 1998 Golden Globe for Boogie Nights.
34:37Until his death in 2018, Reynolds lived at his Florida estate, which once faced foreclosure,
34:43but was then bought by his neighbor, who let him live on the property at a low cost.
34:48Which of these downfalls is the most tragic? Let us know in the comments.
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