We have stopped to take a look at the international entertainment and financial management to discover that the great fortunes are not out of danger for taxes or millionaire loans. We bring nine examples of celebrities who have not managed their money well and are almost bankrupt.
Some of these celebrities came to overcome their economic bumps, others lost everything and there are also those who just had a scare. Although as the amounts handled by these characters are millionaires, the susto we assume that it is of millionaire proportions as well.
In today’s chapter: debt restructuring, unpaid loans, millionaire taxes, bankruptcy statements, bad managers or lousy financial advisers …
BountyCash has not tried to contact the celebrities that appear here to corroborate the information.
In 2012, after a restructuring of her house worth 1,100,000 dollars and a huge debt that dragged, was forced to declare bankruptcy . In addition, the amount he owed to the Treasury exceeded one million dollars.
The eccentricities in the actor’s expenses have led him to reduce his assets from 150 million dollars to 25 , so he still remains afloat. Nicolas Cage bought a private plane, a shark, a giant octopus, a private island, a collection of comics worth more than one million million dollars… Of so many properties that it has, the taxes that must pay rise until the 14 million dollars.
It was the year 2006 when the King of Pop had to carry out a restructuring of their finances. It was necessary to negotiate with several entities until one of them decided to refinance it and keep a loan that it had with the Bank of America. The New York Times published that the need for Michael Jackson to get rid of debts led him to agree to the sale of a musical catalog valued at one billion dollars . This included about 200 themes of The Beatles in addition to Bob Dylan and others.
In the middle of a judicial process it was revealed that rapper 50 Cent had assets and assets worth 20 million dollars. However, it carried debts of more than 36 million dollars , which is why it accepted the Bankruptcy Law of the United States in 2015. A year later it managed to repay 22 million debt and a judge cleaned up its credit history.
Rihanna is also on our list to see her fortune drastically reduced, from $ 11 million to $ 2 million . In this case, he was an accountant who mismanaged Riri’s finances for five years and decided to denounce it.
Lindsay came to see his bank accounts seized because he owed $ 234,000 in taxes . There are even rumors that he had to sell some of his signature suits and shoes in order to face the debts.
Lady Gaga declared in an interview that she was not aware that she owed money, she said: “I was wondering why people said that I was ruined if I was rich , until they told me – Well, you really owe three million dollars” .
In 2003, the boxer had to declare bankruptcy because he had debts of more than 27 million dollars, of which 17 were just taxes. In the end he ended up losing his house even. Mike Tyson’s fortune was estimated between 265 and 442 million euros.
Johnny Depp is another celebrity who had problems with his financial advisers, while they accuse the actor of squandering the money, Johnny Depp accuses them of professional misconduct. In addition, it is rumored that the monthly expenditure of the actor is about 2 million per month and that it is thanks to loans that this train of life can be carried.