From Rich To Penniless: 15 Celebrities Who Have Gone Broke In The Last 10 Years – You’ll Be Surprised! (With Pictures)



There is an old saying: "Easy Come, Easy Go." Well, celebrities can definitely agree. Maybe it didn't come that easily, but the quickly earned money can surely disappear as fast as it came. After earning dozens of millions during their careers, it is hard to imagine how in the world these famous people manage to lose their fortune. It seems that you need to have a special kind of talent to declare bankruptcy after obtaining that much money.

You can probably guess the cause – bad management, a crisis in the world of finance, divorces, not paying taxes or just being greedy; the fact is solid – all these celebrities went bankrupt at least once. Their stories can teach us lessons: every time you face financial problems, you can say something like: "This is nothing. If 50 Cent can lose all those millions and be just fine, why should I stress about 2000$?" It can be a good stress reliever; don't you think?

These celebrities prove that being rich and famous doesn't necessarily go hand in hand. If you ever come to the point that you wish to be in their place, consider questioning yourself. They also have problems like we do, they make bad decisions, and face difficulties managing their money. Anyone can face money issues sometimes. You can't avoid that, and if you have more money, more problems might emerge.

That's another thought to keep you worry free. Why worry if it's still gonna happen? Here are 15 celebrities who went from filthy rich to penniless:

15. JANICE DICKINSON



One of the first supermodels ever to hit superstardom, Janice Dickinson has been at the center of attention since the 70s, when she appeared. You probably saw her sitting in the judging booth on American's Next Top Model, and her own reality show, The Janice Dickinson Modeling Agency. Imagine the paychecks from all those fashion shows 

she did, and appearing on popular shows such as ANTM– Janice should have been stacked for the rest of her life.

But, nothing beautiful comes for free in real life. Janice's looks and style cost a lot of money; bills from plastic surgeons and dermatologists could make an average person homeless quickly. Add a large villa in Beverly Hills (1.4 million dollars), loads of very expensive clothes and a luxurious lifestyle, and you get a money-spending machine. As a "cherry on top", Janice hasn't paid attention to the IRS and bills kept piling up to a whopping $500,000 of debt.

                           14. Toni Braxton



Bankruptcy is a sign that you're beaten to the ground, leveled. But, some people might use it as a tool to avoid massive taxes, bills and obligations. You know the song Unbreak My Heart? Toni Braxton is the author of this all-time classic. You'd think that she's a fragile person after you hear her sing about a broken heart and tears, wouldn't you?

Well, it turns out the singer loves to live the life of fraud and misguidance; she accumulated over 50 million dollars of debt by not paying taxes, bills or for services. On the big list of people she owes money to, there is AT&T, multiple healthcare providers, several hotels, jewelers from Tiffany and of course, the IRS. This woman filed for bankruptcy three times so far; 1998, 2010 and 2013. The last time she filed for bankruptcy is the most interesting one; Braxton bought a 3 million dollar mansion shortly after the bankruptcy filing.

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