In Hollywood, appearing wealthy is probably just as important as looking pretty. While many stars are flaunting their extravagant lifestyle, other celebrities live troubled lives and tend to spend their money as fast as they earn it. Here is a list of famous superstars who have made a lot of money, but they have lost it all and no longer enjoy the lifestyle they once had. We hope it shows that even fame and wealth don’t make you immune to living frugally. Let’s find out through the article below!
You would think that being cast as Ron Weasley in all eight Harry Potter films would save you from debt. However, while Danielle Radcliffe and Emma Watson continued to be given well-paid roles, things were different for Rupert Grint. He’s been more selective in the chosen parts, so it’s clear he’s making less money than his former co-stars. However, things worsened for Grint after it was revealed that he owed the IRS $1 million due to his inability to manage his finances well.
The 2000s were the golden years for Chris Tucker. Over the decade, he appeared in several blockbuster films such as The Fifth Element, Friday, and most famously – the Rush Hour trilogy, co-starring Jackie Chan. While Tucker may have lived his life to the fullest at the time, it’s clear he’s not doing well now. Tucker claims his finances were mismanaged, which helped him avoid a prison sentence and reach an agreement with the IRS to pay $14 million in arrears in taxes. His last movie was in 2016, and we hope things get better.
Lisa Marie Presley
You would think Elvis Presley’s daughter, Lisa Marie, would never have to worry about money. We thought so too, but it turns out we were wrong. In addition to the substance abuse problem that cost her millions of dollars, Presley’s finances also appear to be mismanaged. Presley sued her financial manager, but unfortunately, she has a long way to go before she pays off her bills. This became apparent around her divorce when court documents revealed that her net worth was significantly negative at $16 million.
Many hip-hop rappers sing about spending their money as soon as they earn it, but rapper Tyga has lived the same. In stark contrast to his lyrics, the musician’s bank balance is red. His troubles began around 2012 when he was sued by three women who appeared in his videos before an LA jeweler sued him for not paying for a watch worth of money. $180,000. By 2016, things took a turn for him after his landlord complained about him not paying his rent. Furthermore, all of his luxury cars were recalled.
Alexis Bellino’s Financial Troubles shows how different celebrities’ off-screen and on-screen lives can be. If you were to judge Bellino based on her personality in The Real Housewives of Orange County, you’d think she’s living her life to the fullest. Sadly, the reality on the ground couldn’t be different for her. Things got especially tough after her divorce from Jim Bellino before taking a turn for the worse when he defaulted on their $4.6 million mansion. At the very least, she will receive $16,000 in child support as part of her divorce settlement.
Toni Braxton’s financial situation shows that even winning a Grammy doesn’t necessarily mean you’re rich. Although her albums brought in millions of dollars in sales for her record label, Braxton received only $2000 in royalties. While that raises an entirely different issue as to why that happened in the first place, Braxton has to live on a budget like the rest of us. She also appeared on a few shows with her sisters to pay the bills.
While Mike Tyson would be considered highly well-off compared to the average person, he no longer owns the $400 million empire he was once famous for. It is well known that Tyson spent most of his money on unnecessary things like gilded bathrooms, pet tigers, and lavish parties. Tyson is also divorced, meaning his financial troubles are not improving. However, this does not even refer to unpaid taxes and debts. Many people are angry because he hasn’t paid off all the money, and he’s only worth $3 million today.