LaBeouf, Lohan and 16 Other Celebrities Who Lost It All
, 2023-01-26 09:53:09,
We’re obsessed with celebrity gossip — watching stars react to internet trolls, scrolling through “most hated celebrities” lists, wondering to ourselves, “Why do people hate Nickelback?” But our favorite type of drama revolves around how some of the richest, most famous people in Hollywood became broke.
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Over-the-top spending, tax troubles, legal battles and launching new careers can all eat away at even the most enormous fortunes, as many of the celebs on this list found out.
Gary Busey: Debt to the IRS
For an actor with a career spanning five decades, Gary Busey doesn’t have much fortune to show for it. Busey made a name for himself as an actor in films including “Thunderbolt and Lightfoot” and “Point Break,” as well as television classics like “Walker, Texas Ranger.”
Despite his acting success, though, Busey filed for chapter 7 bankruptcy in 2012, claiming he was more than $500,000 in debt. Today, he’s turned his finances around, with a net worth of $500,000.
Heidi Montag: Overspending
This reality star gained notoriety through her role as Lauren Conrad’s best-friend-turned-enemy on “The Hills,” and through her relationship with costar Spencer Pratt. Montag earned her fortune via her four-year stint on “The…
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