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Im your host Johnny Rogers.
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Now without any further delay lets get into todays list of the Top 10 Actors Who Lost
Everything
#10 Nicolas Cage Nicolas Cage is best known for his work in
Face Off, Leaving Las Vegas and The Rock.
As of May 2017 reports say that his net worth was in the area of 25 million dollars.
This however was because he took any job that came his way after accumulating a ton of debt.
Cage had many homes, cars and even rare artifacts.
By 2015 though reports started coming out that he had lost everything.
From 1996 to 2011, Nick had spent 150 million dollars.
Thanks to missing a tax bill in 2007, Cage also had to pay the IRS more than 6 million
dollars.
Now that his time in the sun has passed though hes not getting anywhere close to the money
he was early on in his career.
#9 Stephen Baldwin Not every Baldwin brother can be as successful
as Alec and for Stephen this must really be annoying considering how he just lost everything.
Stephen Baldwin is best known for his roles in The Usual Suspects, Bio-Dome and Fred Claus,
where he just plays himself.
Cuz why not.
However by 2009 Stephen filed for bankruptcy while still owing back taxes on a couple different
mortgages.
A trend that would continue to haunt the Baldwin Brother.
After missing mortgage payments for 6 years his house was foreclosed in 2017.
Then on a different occasion all together he was arrested and forced to serve five years
probation for not paying his taxes for three straight years.
#8 Kim Basinger Kim is best known for her roles in LA Confidential,
Batman as Vicki Vale and Waynes World 2.
Although in 1989 Basinger made some questionable decisions with her money.
Im not even joking, she bought the town of Braselton, Georgia for 20 million dollars.
She had an enormous amount of plans for this as well that included things such as a theme
park or movie studio to bring in tourism.
However by the time 1993 rolled around she was so buried in debt that she had to declare
bankruptcy and sell the property.
Not only that but she was sued by the producer for Boxing Helena for backing out of her contract
to star in the film.
#7 Burt Reynolds Back in the day old Burty Boy was the king
of tv and film.
He was the star of hit shows like Gunsmoke and even had a successful movie career from
his role in Smokey and the Bandit.
Although he admitted to Vanity Fair in 2015 that his spending had gotten out of control.
(show burt photo) He said - Ive lost more money than is possible because I just havent
watched it.- and boy oh boy did he not watch his money.
Reynolds spent his movie star cash on real estate, a private jet, 150 horses and over
100,000 dollars in toupees.
I dont know whats crazier though the toupees or the 150 horses.
Due to his fame dwindling away his cheques were getting lower and lower for appearances.
By 1996 he couldnt pay CBS back the 3.7 million dollar loan they gave him and declared bankruptcy
while still being over 10 million dollars in debt.
#6 Brendan Fraser When you think of Brendan Fraser the first
thing that comes to my mind is The Mummy Trilogy.
Throughout the 1990s and into the early 2000s Fraser was starring in many hit films.
Unfortunately his movie career came to a stop when he began finding himself in and out of
hospitals for nearly seven years.
Brendan had to undergo several spine surgeries as well as have a partial knee replacement.
Then on top of all that he had to get repairs done on his vocal cords.
He was known for being an energetic character in his action films, but with so many injuries
and health problems this posed a threat to the way he made his money.
After his divorce from Afton Smith his bank account was drained even further and thanks
to the way the divorce system works in the US his alimony payments were based on what
he used to make.
So he was forced to pay over nine hundred thousand dollars a year in alimony even though
it was more than his current annual income.
#5 Wesley Snipes Wesley Snipes is a prime example to bring
up whenever someone tries to tell you that you dont need to pay taxes and boy did the
IRS sure make an example out of him.
The actors portrayal of the vampire hunter Blade boosted his career into the stratosphere.
Although reportedly someone close to Wesley told him that taxation was theft and therefore
he didnt need to pay.
He listened and was charged after not filing proper tax returns for six years.
Additionally he filed fraudulent returns that would bring him in close to 12 million dollars
in tax refunds.
Come 2006 he was filing for bankruptcy and in 2008 he was sentenced to three years in
prison for his crimes.
#4 Gary Busey Before he made the move to reality television,
Gary Busey was an A-list actor.
During the 1970s he was in more than 70 films including a breakout role in The Buddy Holly
Story.
Although with great success comes great responsibility and Gary just wasnt ready for it.
By 2012 Gary was down to his last 50,000 dollars after developing a crippling drug addiction
over the years.
It was that year though that Busey filed for Chapter 7 bankruptcy.
Along with that he also owed a ton of money to creditors and to the IRS.
Once he started appearing on episodes of Celebrity Rehab though it was safe to say that he truly
lost everything.
#3 Lindsay Lohan Beginning as a child actor Lindsay Lohans
breakout role started in the Disney 1998 remake of The Parent Trap.
Later on in her career she would get even more fame and notoriety for the success of
Mean Girls.
She seemed destined for long-term success.
Unfortunately that all began to crumble as her spending habits became increasingly expensive
and legal troubles started coming her way.
At 18 years old she was worth over 30 million dollars.
Much like Gary though Lohan also started a terrible drug habit that was costing her nearly
5000 dollars a week.
Then between 2007 and 2013 she was arrested a few times for DUIs, reckless driving, altercations
and even shoplifting.
#2 Johnny Depp This one hurts.
According to Rolling Stones profile on the actor, Depp has made 650 million dollars on
films that netted 3.6 billion.
And now almost all of that is gone.
Some of it is partly Depps fault for spending a lot of it on an island and other ridiculous
things.
However Johnny believes that most of his money was lost due to poor management.
He is suing The Management Group that is run by his longtime business manager, as well
as his brother Robert for negligence.
The lawsuit says that under his managements watch his sister was given 7 million dollars
and Depps assistant was given 750,000 dollars all without his knowledge.
On top of legal trouble Amber Heard had accused him of abuse that shattered any hope of acting
in future projects.
Although thankfully a leaked tape cleared Depp of any wrongdoing, but its still going
to take him a long time to work his way back to the top.
#1 Gary Coleman Garys story is one of the saddest stories
in Hollywood.
Gary Coleman was a child star that made 70,000 dollars per episode for the show Different
Strokes.
In the 80’s this was amazing money.
Today that is around 218,000 dollars, per episode.
However by 1986 the show had come to an end.
Unfortunately for Gary his adopted parents and business advisor had severely mismanaged
his money.
Eventually he won in a settlement against his parents, but it wasnt enough to keep him
going.
He couldnt find work any more in Hollywood and in 1999 he filed for bankruptcy.
Then to make matters worse for poor Gary Coleman he got a job as a security guard but kept
getting recognized and teased for trying to live a normal life.
And that has been the Top 10 Actors Who Lost Everything.
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From Beyond The Screen, my name is Johnny Rogers and until next time, stay classy