Celebrities, they’re just like us! In some cases, that means they make foolish financial decisions. It turns out that even the wealthiest among us can get into money trouble if they don’t watch their spending. Here are a few of the stars who’ve lost control of their financial independence:
What do you do if you’re a world famous actor? If you’re Johnny Depp, you buy houses. 14 of them. And a 150-foot yacht. And 12 storage facilities full of memorabilia. The bill for all of this? $75 million. The wild spending allegedly got Depp into deep financial trouble.
Lisa Marie Presley
You’d think Elvis’s daughter would have a comfortable life. She did–$100 million comfortable. But the famous daughter claims that her money manager kept her out of the money loop. Her current nest egg? $14,000.
Once among the world’s richest rappers, the former half-billionaire had $36 million in debt in 2015 and only $20 million in assets to cover them. He filed for bankruptcy.