15 Celebrities That Went Bankrupt

Being famous often means making a lot of money and making it very quickly. Unfortunately, some celebrities lose money just as fast as they earned it. Here are a few who had the golden touch but not for long alas.

papermag-img.rbl.ms

papermag-img.rbl.ms

1. M.C. Hammer
The rise of this popular rapper led him to a lifestyle he clearly couldn’t afford. His net worth of 33 million couldn’t bail him out after he hire a huge staff. The star filed for bankruptcy in 1996.

ADVERTISEMENT