Here are the reality TV Stars who’ve lost millions of dollars! Wait until you find
out what The Situation DIDN’T do that landed him in prison!
7 - Jon Gosselin Remember Jon and Kate plus 8?
They were all the rage in the late 2000s and they were all over magazine covers. It seems pretty
well known that they made 22 and a half thousand dollars per episode at the height of the original
show. The family appeared on a HUNDRED and six episodes during the show's two-year run on TLC!
That means they made a little under two and a half million dollars just from the
show in total. That’s not including any other money they made elsewhere.
It seemed like the show would just keep pumping more and more episodes out.
However, Jon and Kate eventually got divorced and she ended up with the kids.
With control of all the kids, it meant that she had the leverage with the TV executives.
SHE was gonna be fine. Kate went on to make even more money without Jon. For him…..it didn’t look
so good! Who really knows how much money he has now, but it doesn’t seem like it’s much.
In 2016 Jon went on the Steve Harvey show and revealed that he’s lost ALL the money he made
together with Kate. Since the show ended, he’s waited tables, installed solar panels,
and even DJ'd to pay the bills! He also worked as a cook at TGI Friday! He claimed to TMZ
that he donated that money to charity because you know, he just liked to cook. Do you believe
that he was working for the pure joy of cooking?! Let us know in the comments!
According to him, the money was gone because he had to pay 1.7 million dollars in legal fees
between the divorce and everything else he and Kate went to court over. Kate seems to think that
the money was gone because he just spent it all! Well, we think it’s suspicious for someone to work
a normal job if they’re rich, but hey, it DOES happen. In 2020, he’s working as an IT director at
a healthcare facility, even during the pandemic! But that’s a pretty normal gig when compared to:
6 - Spencer Pratt and Heidi Montag It may actually be hard to believe now,
but Spencer and Heidi were actually two of the biggest reality TV stars in the mid to
late 2000s because of “The Hills”. From being on that show they were able to rack up a combined
10 million dollars in net worth in a little over just 2 years!
Spencer himself made 175 grand an episode! Together they made around 2 million dollars
a year in paid appearances. They made their money fast, but it went just as quickly!
By the time the show was over, they were already almost broke! They almost filed
for bankruptcy back in 2010. According to Speidi on why they blew their money,
they claimed they were just immature. When they would go out to eat, they'd order $4,000
bottles of wine. Heidi was going to the mall and dropping twenty to thirty thousand dollars a
day regularly. Spencer claimed that he spent a million dollars just on clothes alone!
In reality, what happened was that they just assumed that the cash flow
was just gonna keep flowing in. Obviously it didn’t. They eventually moved back to live
rent-free in a property owned by Spencer's parents for a while. But that move really
killed their reputation. In the following years they desperately tried to stay in the spotlight,
such as trying to jumpstart Heidi’s music career to even staging a fake breakup!
Today they’re still together and Spencer is spending his days
making and selling healing crystals on his website,
PrattDaddy.com. Just letting you guys know, he IS having a 20% off sale!
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5 - Janice Dickinson What reality show has Janice Dickinson
NOT been in?! She's appeared on the shows "Couples Therapy," "Celebrity Big Brother," "America's Next
Top Model," and "The Janice Dickinson Modeling Agency" just to name a few, because there’s a lot.
She’s been described by many people, including herself, as "the world's first supermodel."
She’s made a lot of money from her fame as one of the world’s first supermodels. And
it's tough to know just exactly how much money she’s made over her long career.
But we’re going to guess it’s at least a few million dollars.
But even though she made a lot of money, she’s no stranger to spending it. Needless to say, she’s
had a taste for the high life. She was at one point over $1 and a half million dollars in debt.
In 2012, Dickinson faced an eviction lawsuit after not paying her rent of roughly 6 thousand dollars
a month for 3 months at her West Hollywood home. With all that going on, she decided to file for
bankruptcy. According to court documents in her bankruptcy, the types of debt she had ranged from
plastic surgery to owing back taxes for years to the states of California and New York! What’s
worse, back taxes or back child support? We’ll have to ask:
4 - Dennis Rodman
Dennis Rodman made almost 27 million dollars playing in the NBA. And he’s also made a lot
more from checks for appearances, book deals, and reality shows! In his retirement from the NBA,
Rodman continued to bring in money with appearances such as deejaying in St. Tropez
and signing autographs at conventions. Rodman’s business associates estimated that he was making
over $1 million a year in the late 2000s between appearances and reality TV stints.
But strangely in 2009, Rodman faced a 20-day jail sentence for failing to pay spouse and
child support to his ex-wife. He owed her over $800 thousand dollars in child support
and another $51 thousand dollars in alimony. But there’s a twist. Dennis Rodman actually
isn’t as reckless in spending as you think! These missed payments should have been Rodman’s
first clue that something was wrong with his financial advisor, Peggy Ann Fulford!
Despite Rodman’s continued cash flow, financial red flags started piling up. In 2012, he was in
court for missing child support payments, AGAIN! In court, Rodman's spending habits
came up and he was questioned over a large charge at Victoria's Secret. That’s when he
knew something was wrong, because Rodman claimed that he’d never even been to Victoria's Secret!
Long story short, Rodman losing millions of dollars and almost going broke
was because of his financial advisor. Sometime around 2012, Rodman had to
find out the hard truth that Peggy had been embezzling millions of his dollars for years!
3 - Abby Lee Miller Abby Lee Miller is the star
of the hit show Dance Moms. She really hit it big when she signed a six-year contract with Lifetime
to launch the show, her claim to fame. Aside from Dance Moms, she’s made money off of three
spinoffs. Dance Moms: Miami, Abby’s Ultimate Dance Competition, and Abby’s Studio Rescue.
However, even with being famous on TV and making plenty of money,
she still had money troubles. As recently as February of 2020,
she was still behind on taxes of a little over $182 thousand dollars for 2012, 2013, and 2014!
What’s almost even more unbelievable is that she went to jail for bankruptcy fraud. The
government found that she had hidden a little over
700 and fifty thousand dollars in secret accounts during her bankruptcy proceeding! This was during
back in 2010, when she filed because she owed around 400 grand in back taxes to the IRS.
She ended up spending a little under a year in prison for that little escapade hiding money.
However, after all that, how does she still owe back taxes for that many years in 2020?! Well,
it’s still not as ridiculous as the case of:
2 - Todd Chrisley Is Todd Chrisely actually rich? Maybe,
maybe not! This supposed real estate tycoon from Georgia filed for Chapter 7 bankruptcy back in
August 2012. And court documents showed outrageous spending and some even more ridiculous debt!
Chrisely listed more than $4.2 million in assets. But his debts totaled almost
FIFTY million dollars! This….almost doesn’t make any sense. In his own promo for his family's TV
show he claims that his family sometimes spend $300,000 dollars or more a year just on clothes!
Well, with that statement and what they listed as assets,
investigators grew suspicious of the Chrisley bankruptcy filing. So they began to investigate
whether or not his family was hiding their money. But someway somehow, the Chrisleys were able to
get the bankruptcy discharged in 2015 with a settlement. All Todd Chrisley had to do
was just pay some creditor $150,000 dollars to get out of the bankruptcy! The whole 46 million
dollars apparently involved some other business partners who couldn’t pay their share of the
business debts but he got stuck with the whole bill. Who knows what to believe at this point.
Anyways, you’d think for someone to get outta that mess, they’d quickly pay it off. I mean,
it’s only 150 thousand dollars right? That should be chump change to Todd Chrisely!
But nope, two years later, he still owed $70,000 dollars!
On top of it all, in April of 2019, a federal grand jury in Atlanta
indicted Todd and his wife Julie Chrisley on charges of conspiracy,
bank fraud, wire fraud, and tax evasion! But no one had a worse situation than:
1 - The Situation And finally we get to Mike
“The Situation” Sorrentino, Mr. "Jersey Shore" himself. When Jersey Shore took off,
the show really took off! The Situation and the rest of the
cast members started making money in amounts they had never seen before!
The Situation began fattening up his bank account by making appearances at clubs and bars,
and endorsing stuff ranging from vodka to vitamin supplements. Vodka and vitamins?
Of course, those go together just like gym, tan, and laundry!
Sorrentino managed to make the most out of his fame in the early stages. He made almost
$9 million dollars during the first three years of the show.
Well, when the whole world is watching what you do, don’t forget that also includes the IRS!
He and his brother Marc basically were committing tax fraud. The Situation was
either so dumb or ballsy, he didn’t even bother submitting a personal tax return in 2011!
Over the course of his trials, he had to start pulling back his spending because the court
fees got expensive. At one point he even sold the rims off his Ferrari on eBay for 10 grand!
Supposedly his net worth dropped to below half a million dollars between his spending habits
and court costs. The Situation eventually pleaded guilty, and did over 8 months in prison in 2019.
Here’s what’s next!