Top celebrities who blew their fortunes in ridiculous ways! From Mike Tyson to Johnny Depp, these famous people either blew millions on ridiculous purchases, went broke by their bad decisions or tried to cheat the taxman!
#9. “Mike Tyson” The life and career of Mike Tyson is mercurial to say the least. He was the youngest heavyweight champion of all time and one of the most successful boxers in the 80s and 90s. But decision making inside and outside of the boxing ring was never his strong suit. Even before his boxing career had started he had been arrested over 30 times. In and out of trouble during the late 90s and early 2000s he was forced to retire from boxing, in effect losing all his income. Throughout his two-decade long career, Tyson made almost half a billion dollars, but due to numerous expensive court cases and ridiculous spending habits he found himself over 35 million dollars in debt by 2004. Some of things that Tyson blew his money on were: $410,000 on a birthday party, $2 million on a bathtub and $3.4 million on jewelry and clothing. You might know about his pet tigers from the movie ‘The Hangover’, but you might not realize the ridiculous cost of taking care of these exotic pets. He paid $140,000 just to buy them and then $8,100 a year on their food and care, not to mention the $125,000 a year he paid their trainer. He has since worked his way out of debt due to his movie cameos and television appearances but his wealth is only a shadow of what it once was.
#8. “Nicholas Cage”-Nicholas Cage is a hollywood superstar whose career has ranged from big budget action flicks and critically acclaimed dramatic roles to bizarre career choices and major flops. He won an Oscar for the film ‘Leaving Las Vegas’ and was nominated for ‘Adaptation’ yet he has appeared in such notoriously terrible films like ‘Ghost Rider’ and ‘The Wicker Man’.
Cage is considered one of the highest paid actors of all time, making over $150 million in the 15 year span from 1996-2011. Cage somehow found a way to blow most of that money and in 2009, the IRS forced him to pay over 6 million dollars in back taxes. As of 2017, his net worth is only $25 million which is extremely shocking considering he made $40 million in 2009 alone. Cage is known as one of the biggest overspenders in the history of Hollywood, some of his purchases have been absolutely outrageous: two islands in the Bahamas, four yachts (one of which cost $20 million alone), an allegedly haunted house in New Orleans, a pet shark, a crocodile, 17 homes (including two castles in Europe) and a collection of over 50 cars including nine Rolls Royces...and that’s only naming a few of the extreme purchases. Because of his tax issues Cage was forced to sell many of his homes and his prized possession: the first issue of the comic, Superman.
#7. “Brendan Fraser”- Brendan Fraser, a man once commonly associated with blockbuster Hollywood movies now elicits thoughts like ‘what ever happened to that guy?’. Stepping on the scene with his role as an unfrozen caveman in 1992’s ‘Encino Man’ Fraser went on to star big box office movies like “The Mummy’ and countless roles in every sort of genre from children’s comedies to dark dramas. However, due to a sudden drop in castability, a messy divorce, the subsequent custody battles and child support payments, he is now hemorrhaging money to the tune of $84,000 a month. In 2013, Fraser went to court again to see if he could have his alimony payments reduced stating that he is ‘broke’. His ex-wife refutes this claim saying that he still makes over $200,000 a month, but that is before the $287,000 he has to pay monthly in property taxes, legal fees and other expenses. His net worth is currently listed at $25 million, though that may seem like a lot, it pales in comparison to the $100 million he made over the last two decades. Unless his career pulls up from its dramatic nosedive he will be completely broke in the near future.
Jesus is the way to become rich...........
He said ,"Trust me and all of your needs shall be met."
…25 For whoever wants to save his life will lose it, but whoever loses his life for My sake will find it.
26 What will it profit a man if he gains the whole world, yet forfeits his soul? Or what can a man give in exchange for his soul?
27 For the Son of Man will come in His Father’s glory with His angels,
and then He will repay each one according to what he has done.…
Many did not grow with lot of money when you have money you live not like the average person so you buy big house fancy car they always a new better model car because car devalue as soon you drive it in the road when you make lot of money you pay lot of tax than the average and when you black with money you want to show off to people that you rich and you made it because a lot of them come from poor background but that flashy lifestyle end you broke over time if you don't invest
So simple to make trusts for family and then put away several million that you are unable to get your hands on, or borrow from at a set time..and live on the rest. So many fail to consider taxes when the income arrives. That should be taken out before it arrives in the account. Duh!
Jesus crist you fucking retarded that's what yall hope for any it hes 50-0 and that's the only thing yall got well geuss what that nigga will never go broke pussy he makes to much money😂😂 go fucking die
I know a guy that lost his 85,000$ a year job when the plant he worked in closed. Then his wife divorced him. He was telling me this at a local bar we were drinking at. I told him love and money both run out at the same time.
Shane ...I agree …...Mj was broke but you have to do your homework and that SONY publishing book was worth 400 to 799 million ….but damn these people spend on dumb shit ...30 k a month on wine /Shitty Wives like Paradis/Heard cost him 100 million /11 million ….dumb mfkers
The king of pop was more talented when Michael Jackson sing one word people was going crazy to the point they faded cry because it was a genius the king could dance , sing everyone wanted to dance like him , just because of the reputation of child molested that people accuse him because they wanted to have money from him everyone hate him now but Oprah could never compare herself to the king of pop Michael Jackson was in another lever we don't call him the king of pop for no reason
MYSTERY SOLVED! I don't think this has been picked up by the English language news services. On August 15, 2018 I read a Russian language news item that Russian naval vessels discovered the preserved journals of the HMS TERROR in late June 2018. The journals revealed the cause of death of the expedition members. Apparently Franklin had discovered documents that had been buried near the Arctic circle. They were about to sail back to England to reveal the contents of these documents to the world when they all mysteriously died under suspicious circumstances. It is now been revealed by the Russian government that the documents Franklin found provided incontrovertible proof that Jews did 9/11.
+Hector Rosado Floyd can easily make a minimum 100mil if he fights Pacquiao again. Easily. He'd probably make the same if he fought Conor but not as much as if he fights Pacman. Also Floyd doesn't drink or do drugs so I can't imagine him losing control like the junkies on this list.
Many of us will go BROKE. Many celebs will go BROKE. The expert ECONOMIST said this will happen, the DOLLAR will soon FALL. Most will be UNEMPLOYED. We all haven't seen NOTHING yet! Disaster Unimaginable! Lord please help us 9/11 saints and good intention people. Amen!
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at the start about Mike Tyson " but decision making inside and outside the boxing ring was never his strong suit" ahh Iron Mike Tyson made thousands of good decisions inside the boxing ring, and one extremely bad one, but he is one of the best boxers of all time.
I agree JR and AB will be broke but AI has 45 million coming to him from Reebok in the future but I will never in a million years think Hammer could be so dumb ….he made a fortune in the early 90s and I know you want to live well but a house for one million and a few cars and don't help anyone ..put lots of money in CD's and WalMart/NIKE/Dell/Microsoft/Apple/Pepsi and he is worth 200 million ...now he preaches bullshit ….sad !
Tyson was spending stupid amount of money aswell. Mike was extremely generous to people and loved to spend money on having a good time at parties, making sure his entourage was happy too. Tyson was very ill-disciplined which is why Don King took advantage of him and also why he was poor at controlling his spending.
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