Whether caused by bad spending habits or trusting the wrong financial manager, some celebrities lost their entire fortune and ended up in bankruptcy court. Find out more about how they lost their millions.
Discover the celebrities who went broke, despite earning a lot, and ended up having to change their lifestyle in order to pay their debts. The biggest riches to rags stories include the following celebs:
M.C. Hammer went from a fortune of $33 million to debts of over $13 million, but many celebrities didn’t learn anything from it and ended up in similar circumstances. This is one of the biggest celebrity bankruptcy cases of the '90s.