From a distance, the celebrity life seems pretty sweet. But being a household name doesn't
always go hand in hand with having a lot of money. Check out how much these stars are
carrying in 2016, according to Celebrity Net Worth, and how they lost their millions.
"I declare bankruptcy!"
Kelly Rutherford
After starring in the hit television series Gossip Girl, you'd assume Kelly Rutherford
would be sitting pretty these days. Nope. She's reportedly worth about $1 million, but
that's nothing compared to what she used to have. Rutherford paid a ton of money during
a bitter six-year custody battle over her children, which she eventually lost. Rutherford's
litigation fees forced her to file for bankruptcy in 2013.
Heidi Montag and Spencer Pratt
When Speidi ruled over The Hills, they spent their money faster than they could make it,
and now they have little to show for it. The duo is now reportedly worth about $20,000
each, a figure that pales in comparison to their MTV money. They’ve been open about
how foolish they were with their cash, sharing their experience as a cautionary tale for
others.
"If we would've like saved our money it would've been better, but unfortunately we got like
way too, ya know..."
"What'd you do? What'd you buy?"
"What did we buy? Ya no just clothes and hair and make up and managers, publicists,
agents, lawyers, I mean at the end of the day it's like goes by really quick."
Janice Dickinson
As the self-proclaimed “first supermodel,” you'd think Janice Dickinson would have a
fat stack of cash to back her up. Unfortunately, that's not the case. Her net worth is reportedly
around $500,000, which sounds pretty good... but according to the New York Post, she filed
for bankruptcy in 2013 after racking up over a million dollars in unpaid taxes and plastic
surgery debts. She told Radar:
"I am upset and taking every step to pay everyone back and I feel terrible about it."
We couldn’t tell.
Lauryn Hill
Musician Lauryn Hill became an institution in the music industry, first as a member of
the Fugees, then as a solo artist. So how is it possible that she doesn't have the funds
to show for it? After all her chart-topping success, the rap queen is reportedly worth
only $2 million. It seems most of her fortune was eradicated after serving time in prison
for tax evasion. Ready or not, the IRS is gonna find you.
Gary Busey
After starring in blockbuster films like Lethal Weapon, it's shocking to hear that Gary Busey
is in the red. He filed for bankruptcy in 2012 and is reportedly still half a million
dollars in the hole.
(crazy Gary laugh)
Since then, he's landed some paying gigs, including a series of Amazon commercials,
but the Point Blank star really needs someone to just write him a blank check.
Kate Gosselin
She built a reality TV empire, at one point making $250,000 an episode for Kate Plus 8.
So why is Kate Gosselin not a millionaire mom? Surprisingly enough, she's reportedly
worth less than a single episode of her show. Where did all those TLC paychecks go? After
her ugly divorce, the famous TV mom was unemployed for a stretch, and feeding such a big family
doesn't come cheap.
"The majority of what we made, I personally took and put in a college fund for them because
they will go to college. The important things in life. Ya, so, I use coupons, we don't wear
the top brands, those things to me aren't overly important."
Sinbad
After a pretty successful comedy career in the '90s, things aren't looking so great for
Sinbad today. In fact, he has the lowest net worth on this list. After filing for bankruptcy
twice, he's reportedly in the red more than $10.7 million. In 2013, Sinbad told Oprah's
Where are They Now? that he had no regrets.
"Well, my thing is I didn't buy Bentleys, I never lived large. I believed in me, I invested
in me and I've invested in a lot of other people. I would not change it, I would not
go back."
No regrets? Not even First Kid?
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