Top 20 Celebrities Who LOST EVERYTHING

it's cost you what about two and a half million dollars which cost me everything I've ever made welcome to watch Mojo and today we're counting down our picks for the top 20 celebrities who lost everything he had to give us dollars and a piece bankruptcy to go broke they didn't even afford to go broke for this list we'll be looking at one successful celebrities who went from riches to rags which of these cases do you think is the most tragic let us know in the comments number 20. Heidi Montag Heidi Montag was only 19 when she joined the cast of the MTV reality show the hills what are your goals well I want to do PR that's like my ultimate goal I want to be like the fun party PR girl in La type of thing so um that's kind of what I want to do at one point the Colorado born star was earning a six-figure salary per episode alongside her future husband Spencer Pratt who she also met on the show Montag and Pratt were worth a combined 10 million dollars but that all went down the hills due to their extravagant lifestyle every single night we're taking 10 people the Wolfgang's cut in Beverly Hills and ordering three thousand dollar bottles of screaming eagle and I would get like one sip because there would be like 10 people at the table and I'll be like we got to get another bottle so I can get another city we took our friends on vacations you know we're very generous with our money the couple admittedly spent thousands on Mindless shopping sprees and made questionable financial decisions that blew away their wealth it got so bad that they had to vacate their home and move into Pratt's parents house luckily things seemed to be looking up as Montag has made significant changes to their lifestyle and curbed unnecessary spending where do you see us in 10 years Spence selling a lot of crystals to maintain our lifestyle number 19. Sly Stone Sly Stone Rose to prominence in the late 1960s as the front man and band leader of Sly and the Family Stone [Music] the group was groundbreaking not only for their unique blend of funk Rock soul and gospel but also for their racially and gender diverse lineup Stone's Visionary talents led the group to commercial Fame but his struggle with substance use disorder largely contributed to their dissolution in 1975. in the Years following that stone launched a solo career that never quite took off it was the one or two reasons that caused you to be tired of being retired I mean that's everybody's dream to just you know well I needed attention and money and I did I need to do songs on top of that the substance use persisted and he reportedly clashed with his manager and lost access to royalty payments for many years this apparently put him in the hole leaving him homeless and dependent on welfare checks number 18. Doug Hutchison although he had accumulated a string of supporting film credits Doug hutchison's breakthrough came in 1999's The Green Mile I just want to be out front is all come on one time and you know what you be ready to me Hutchison earned critical Acclaim and multiple Award nominations for his performance as a sadistic prison guard in the Stephen King adaptation he eventually lost all of that favor when at the age of 51 he got married to the then underage upcoming singer Courtney Stodden why the rush to get married because you know I felt like um this world isn't going to last forever and uh you know life's short Hutcheson was widely criticized for the move and according to him was completely blacklisted by Hollywood and even his own family this brought his once flourishing career to a screeching halt leading him to file for bankruptcy in 2017. the couple managed to weather the storm and remain together for years although they eventually called it quits in 2020. he's been the rock for me through so many things you know that I've been through so um you know it's it's it's been it's been interesting number 17 Teresa Giudice since 2 2009 Teresa Giudice has been a regular cast member on the Real Housewives of New Jersey that same year judice and her husband Joe filed for bankruptcy citing over 8 million dollars in liabilities this however was only the start of their troubles in 2013 they were both indicted on multiple fraud charges with some of them related to their 2009 bankruptcy case what did you know about any of that I would love to answer all your questions and one day I will but you know I have the respect of the process I'm gonna let you know the legal matters play out in court they eventually entered a guilty plea and were ordered to pay over four hundred thousand dollars in restitution as a result Judaism was sentenced to 15 months in prison which he served at the Federal Correctional Institution in Connecticut in 2020 judys filed for divorce from Joe and the couple sold off their longtime New Jersey Mansion the following year how do you make a marriage like that work I mean it's it's kind of hard like I want to wake up with someone go to sleep with you know with some you know of course I want to wake up yeah I want to spend every day with that person number 16 Kelly Rutherford Kelly Rutherford has been a staple on the small screen from as far back as the late 80s the kentucky-born actress first burst onto the scene with the NBC soap opera Generations listen I wanna I wanna thank you for making my dad's wish come true you know I am so glad he has you for a friend oh honey thank you for your support she later gained further recognition with major roles in Melrose Place and Gossip Girl but all of the money Rutherford amassed from those shows was eventually whittled Away by a grueling custody dispute with her ex-husband Daniel garish after filing for divorce in 2008 Rutherford fought for soul rights of their two children a battle that cost her about 1.5 million dollars in legal fees alone as a result she filed for bankruptcy in 2013. regardless the dispute continued and Rutherford ultimately lost custody of both children in 2015. from the beginning I said I would fight for my children I think most parents would this was a mother uh refusing to abide by a court order and forcing the father to do something that he was loathed to do number 15. TLC with four billboard number one hits multiple Awards and tens of millions of records sold TLC were undeniable powerhouses throughout the 90s [Music] their sophomore album Crazy Sexy Cool was released in November 1994 and sold more than 15 million copies worldwide so it came as an absolute shocker when the very next year it was announced that they were filing for bankruptcy TLC cited their seemingly exploitative record contracts which left each lady with less than 50 thousand dollars in annual payments at the height of their Fame they filed for bankruptcy cheated they say by unfair recording contracts we're so broke we had to borrow money to go broke they succeeded in renegotiating their contracts and bounced back with 1999's fan mail however due to the sad and untimely death of Lisa Left Eye Lopez in 2002 they went on a Hiatus but have since come back together now as a Duo number 14 Brett Butler for five years Brett Butler played the titular divorced single mother on the ABC sitcom Grace Under Fire how can I go to sleep while I'm not tired because whether you're tired or not has nothing to do with it honey you could have been When Mama's tired as the mean star Butler took home around 250 000 per episode but her struggles with substance use disorder eventually contributed to the series getting the ax in 1998. since then Butler has come under Financial fire admittedly making careless decisions that ate up most of her net worth this is so dramatic but I felt like my soul was leaving before I knew I was probably going to die it wasn't what it should have been which is losing my terrific husband getting fired although she made a return to the small screen taking up recurring roles and how to get away with murder and The Walking Dead things don't seem to have gotten any better in 2021 Butler became so broke that she nearly lost her apartment and hesitantly set up a GoFundMe page in order to save it number 13. Sinbad comedian and actor Sinbad first game gained popularity on the TV series a different world before landing his own sitcom the Sinbad show come on man we're a team right man always been a team when something good happened to me something good happened to you right team brother don't leave me here Brother come on although the series was canceled after one season Sinbad went on to film multiple stand-up specials and appeared in a host of movies and TV shows but as his star power kept Rising so did his spending up to the point that it exceeded his income and it certainly didn't help that he kept defaulting on his tax payments ultimately accruing a tax debt of 2.5 million dollars in 2013 Sinbad filed for bankruptcy declaring that he was 11 million dollars in the hole with only sixteen thousand dollars in monthly income hey Michelle when the bankruptcy hit me people looked at me like look at you I said bro look at my life you can look at me you ain't never seen Sinbad with something that he wasn't supposed to have I I helped a lot of people in my life I put a lot of people forward in my life number 12. Amanda Bynes Amanda Bynes spent four years on the Nickelodeon sketch series all that before landing her own spin-off The Amanda Show hello am Judge Trudy now uh Jason FEMA I understand you have a complaint against your parents sure do Judge Trudy his complaint is ridiculous did I tell you it was your turn to speak Mr I can't keep my mouth shut by the 2000s she was already a Teen Idol racking up credits like What a Girl Wants and hairspray but things soon took a downturn Vines faced a tough battle with substance use disorder and found herself in a rabbit hole of legal trouble with roles drying up and so many court cases piling it became easy for money to go down the drain then she started making headlines for all the wrong reasons a series of driving violations disturbing tweets even a hospitalization under a psychiatric hold even worse she was placed under a conservatorship and lost control of her finances bines seems to be getting her life back on track however as she has maintained a long streak of sobriety and had her conservatorship ended in 2022 number 11 Gary Coleman for his role as Arnold Jackson on the NBC sitcom Different Strokes Gary Coleman was at one time receiving the biggest salary for any child actor on on the small screen get a load of super Mouse watches Vernon the last dude who talked to me like that I laser eyes his nose but after Different Strokes came to an end in 1986 Coleman realized that his parents who had been overseeing his finances had grossly mismanaged it in 1989 he filed a lawsuit against them as well as a financial advisor and was awarded 1.28 million dollars in restitution in the end when he went to court to compel that accounting he found that after everyone else was paid there was almost nothing left for him you uh we're fleeced pretty much however the rules seemed to dry up as Coleman Grew Older leading him to file for bankruptcy in 1999. he reportedly battled with multiple health and legal issues later in life and passed away in 2010 after falling down and suffering a brain bleed I just hope Gary's happy and you know he's in a better place and he's not suffering anymore number 10 M.C hammer over the span of a decade MC Hammer became the quintessential rags to riches and back to rags Hollywood Story after releasing two moderately successful albums Hammer achieved worldwide Fame with his hit single you can't touch this from his third studio album amazing music hit so hard makes me say oh my Lord at the time Hammer's net worth was valued at over 33 million dollars by Forbes this seemingly overnight wealth was soon sucked up by his lavish spending extravagant mansion and numerous dependents everybody knew that I had 200 employees it wasn't no secret so which thing I was playing them in uh in the hamburgers by 1996 Hammer's musical success had plummeted and he had to file for chapter 11 bankruptcy as he was over 13 million dollars in debt the California rapper Never quite recovered from his fall despite a few comeback attempts Mr devil can you give me a sign said number nine Dennis Rodman as a professional basketball player Dennis Rodman became world famous for his insane skills on the court as well as his controversial Persona slam though by Dennis Rodman Rodman retired from the NBA in 2006 and also performed as a wrestler actor and reality TV star Rodman's journey to pennery began in the mid-2000s when he became involved with the con woman Peggy Ann fulford fulford posed as a financial advisor and was able to scam Rodman as well as multiple other athletes of millions picket King AKA fulford befriended them promised to safeguard their finances and then cheated them out of millions of dollars she was caring and loving but then also just robbing him blind this Aid into his finances so much that he could barely afford to make his child and spousal support payments after fulford was convicted Rodman was awarded over one million dollars in restitution which admittedly he most likely will never get number eight T-Pain since bursting onto the scene in 2005 T-Pain has racked up a slew of hit singles and accumulated a Fortune of over 40 million dollars however instead of making wise financial investments he bought a massive house and a 2.1 million dollar Bugatti which he later sold off for just eight hundred thousand dollars and then I was like hey since I got this Bugatti you know I need another house I can probably take this one that these uh people just moved out of a house that's literally connected to my house so you know it certainly didn't take too long for that bank account to go low low low by 2019 the buy you a drank singer was left with no option but to file for bankruptcy protection season of The Masked Singer the same year and things seem to be looking up for T-Pain nowadays number seven tog hurtzog prior to being cast on the 15th season of Survivor Todd Herzog traveled across America as a flight attendant for Skywest Airlines his highly calculated run on the show culminated in him winning the season and taking home the one million dollar cash prize at just 22 years old winner of Survivor China foreign [Music] but while he triumphed on the screen herzog's entire Fortune was in Jeopardy as he was struggling with alcohol use disorder it wasn't until about 30 days into treatment that I realized exactly how bad I was and you had no recollection of being on the Dr Phil show I remember about this much after seeking professional help Herzog was able to turn his life around he has since attained sobriety and now lives a rather quiet life with his husband Jess Hermanson had the Dolphins help me propose to this beautiful man Jess number six Fantasia this North Carolina singer and actress was propelled to stardom after winning the third season of American Idol in 2004. the winner of American Idol 2004 is Fantasia her first ever single I believe went straight to number one in the U.S and Canada and her debut album was certified platinum things seemed to be off to a good start for Fantasia but due to her sole Breadwinner status among her siblings mother and daughter and the declining sales of her second album she soon found herself struggling her 1.1 million dollar house was set to be auctioned off to cover an unpaid Loan in an interview with Oprah Fantasia owned up to her mistakes blaming her Misfortune on her financial decisions and inability to say [Music] nobody says your name in 2023 she announced her return to school after dropping out as a teen number five Gary Busey Once Upon a Time Gary Busey was a mainstream Hollywood star the Texas actor gained national attention for his leading performance in the 1978 biofilm The Buddy Holly Story which earned him an Oscar nomination he followed this up with starring roles in movies like Lethal Weapon and Point Break which were certified box office hits you snap those little I was taking Shrine on a Case side while you were trapping in your hands and rubbing it on your face his financial downturn came in 1988 when Busey was involved in a serious motorcycle accident that left him with permanent brain damage the one spankable Hollywood player became erratic on and off camera and soon struggled to find roles in movies and TV shows my brain got altered in a way the not normal and I have a different way of looking at things and feeling things and I know how special life is with most of his money gone and not enough coming in Busey had to file for chapter 7 bankruptcy in 2012. number four Lil [Music] Kim's in a club widely regarded as the queen of rap Little Kim inspired a generation of rappers with her music and has sold upwards of 30 million singles globally life really was all about the Benjamins for the Hip-Hop star Germany however following dwindling album sales and a prison stint in 2005 Lil Kim found herself in a free fall in 2018 she declared bankruptcy claiming to be about 4 million dollars in debt with unpaid taxes and mortgage loans taking up a large chunk of that figure in order to pay off her debt the queen bees 2.3 million dollar mansion was auctioned off with the opening bid being 100 yep you heard that right [Music] number three Kim Basinger Kim Basinger became a Hollywood fixture for her notable Femme Fatale roles throughout the 80s and 90s Merry Christmas to you officer and obvious huh practically stamped on your forehead but at the height of her acting career Basinger faced multiple setbacks that severely impacted her finances tell Mia what do you know about I don't know anything about Batman first she paid 20 million dollars to acquire a small town in her home state of Georgia an investment that backfired tremendously next she backed out of the doomed movie Boxing Helena for which he was sued and forced to pay millions of dollars to the studio this resulted in her filing for bankruptcy to top it all off her marriage to Alec Baldwin ended in a messy divorce that reportedly cost the oscar-winning actress another few million dollars um you know we were all fine we all get along with whatever but he's been but he's a challenge I mean come on she never quite recovered financially number two Toni Braxton for someone like Tony Braxton who sold more than 70 million records worldwide it's hard to imagine how she could go bankrupt twice [Music] two years after her Smash Hit Unbreak My Heart Braxton found herself in Dire Straits and had to declare bankruptcy while her music generated Millions Braxton barely got any of it due to specific Clauses in her recording contract 170 million in sales and you got 1972 dollars is that right yeah that's right that's true she managed to dig herself out of that hole but ended up filing for bankruptcy again in 2010 after her Vegas residency was canceled due to her health issues but just like the Phoenix she was able to rise from her financial ashes and has since produced and starred in the successful reality series Braxton Family Values that no one did anything for me my family wasn't my people that I loved because when you're being inducted into something you call the people close to you right but everybody bailed on me before we continue be sure to subscribe to our Channel and ring the bell to get notified about our latest videos you have the option to be notified for occasional videos or all of them if you're on your phone make sure you go into your settings and switch on notifications number one Burt Reynolds Oh I love your suits it must be a getting a size 68 extra fat Hollywood Legend Burt Reynolds was a top box office draw in the late 70s and early 80s but he gradually lost his bank ability as the years progressed this coupled with his costly divorce from Lonnie Anderson and some poor investment choices led to the actor filing for bankruptcy in 1996. he made a career come back soon after with Boogie Nights in 1997 which earned him a Golden Globe and an Oscar nomination something really to make it make it adult films exotic pictures by 2014 Reynolds was auctioning off personal items and memorabilia which rekindled news of bankruptcy in 2014 he auctioned his most iconic belongings the canoe from Deliverance Trans Am from Smokey and the Bandit and his 1998 Golden Globe for Boogie nine until his death in 2018 Reynolds lived at his Florida estate which once faced foreclosure but was then bought by his neighbor who let him live on the property at a low cost [Music] foreign

Channel: WatchMojo.com

Views: 777,897

Keywords: Celebrity, Drama, Fantasia, Gary Coleman, Kim Basinger, Todd Herzog, Toni Braxton, bankrupt, bankruptcy, broke celebrities, broke celebs, burt reynolds, celebrities who lost everything, celebrities who went bankrupt, celebrities who went broke, celebs, celebs who lost everything, dennis rodman, gary busey, lil kim, list, lost everything, mc hammer, mojo, t-pain, tlc, top 10, watch mojo, watchmojo

Id: 6ql0B9Oa3x4

Length: 23min 36sec (1416 seconds)

Published: Sat Apr 15 2023