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Updated by Navid Sultan on Sep 10, 2015
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Navid Sultan Navid Sultan
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Bankrupt Celebritites

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Bankrupt Celebrities

Bankrupt Celebrities

This iconic musician is well known for numerous #1 songs. When he handed over his money to be managed by his brother, he ended up with nothing. The musician has gone bankrupt three times and has literally lost $90 million dollars in the process! Although he hasn’t toured in a while, he is still working.

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Donald Trump

Donald Trump

Donald Trump is known for his money, but in reality he has lost a lot. The mogul has lost tons of money on bad deals and he has also filed for bankruptcy four times. the real estate mogul isn’t broke though, he is actually said to be worth about $2.7 billion.

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Gary Busey

Gary Busey

Gary Busey is known for some major roles. In 2007, he filed for Chapter 7 bankruptcy. Now, he is looking for work in all types of places and the actor has had numerous stunts on reality television. One of them includes working with Donald Trump on Celebrity Apprentice.

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Kelis

Kelis

 The famous singer Kelis is not without her own financial problems, in 2009 she filed for divorce from rapper Nas. She was 9 months pregnant at the time when she filed for child support. Her expenses are high and she says that they are all paid for by Nas.

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Lorraine Braco

Lorraine Braco

 After a tough divorce and  grueling custody battle, Braco filed for bankruptcy. Her ex-husband left her with nothing and the actress struggled until finally landing a huge role. She ended up making millions when she scored a starring role in The Sopranos. is much better off now. The media questioned how Braco was able to reemerge from her financial problems.

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Natalie Cole

Natalie Cole

The award winning singer has encountered many highs and lows. At one time, she was an avid drug user and in 1997 she filed for bankruptcy. In 2000, she got her act together and wrote a book, it later turned into a Lifetime movie. She now strives for success and has no plans to return to the life she had back in 1997.

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4. Sarah Ferguson

4. Sarah Ferguson

Sarah Ferguson once had access to tons of money because she was married to Prince Andrew and they lived a lavish life. Things spiraled out of control when they divorced and during that period she continued to live in a room in her ex-husband’s home. She was also involved in a money scandal concerning the prince which made matters even worse for her.

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Michael Vick

Michael Vick

lost a lot of fans when he was arrested for the dog fighting scandal. It didn’t end there, he also lost tons of money because of his terminated contract with the NFL. He filed for bankruptcy in 2008. After getting out of jail, he later signed a $10 million dollar contract with the Eagles. As of now Michael Vick is a free agent with little options to choose from.

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Terrell Owens

Terrell Owens

TO’s football career could be considered successful by many,  he has earned over $70 million from playing football. Unfortunately, his personal life was not as successful because he owed child support to four different women. He continues to try out for the NFL to this day but unfortunately his football career appears to have ended.

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Pamela Anderson

Pamela Anderson

is another one that has seen many highs and lows. After getting hit with several different construction costs, she ended up going bankrupt. Afterwards, she moved with her two sons into a trailer park with ex-husband Tommy Lee. She continues to work. One of her most recent gigs was a stint on Dancing on Ice in the UK.