Bankruptcy can happen to anyone even billionaires. The news is full of former high-flying celebrities whose careers have tanked, or they made unwise investments. Filing for bankruptcy isnt a prison sentence. Youll see a multitude of bankrupt celebrities, movie stars, musicians, and athletes.
Some celebrities of the past who went bankrupt include singer and actress Debbie Reynolds, rock star Andy Gibb, founder of Penthouse magazine Bob Guccione, and actor Burt Reynolds.
Current Crop of Celebrities Who Lost It All
Its fun to speculate about other peoples financial problems, but dont get too carried away. Anyone can lose it all, but some make modest or spectacular comebacks. Most people with a BA degree earn up to $2 million over their ca…
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