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Famous people who have been broke

The Rich and Famous Can Afford the Best in Life. However, some of them barely had any money on their behalf before they were successful, while others had gotten into financial trouble after getting rich. Research and data from Gocompare.com's "There and Back Again" project to find out which celebrities have made a dramatic comeback.


From Will Smith to Lady Gaga, a surprising number of famous names have filed for bankruptcy or are on the verge of bankruptcy at some point in their lives. Scroll down to see 16 successful people who made it back from bankruptcy or even officially went bankrupt. President Trump has never personally filed for bankruptcy, but his companies have gone bankrupt six times.


It was 1991 with the Trump Taj Mahal Casino in Atlantic City. Later, several of his casinos and hotels went bankrupt in 1992.In 2004 and 2009 it happened again. "I canceled the debt, by the way, it's not me personally, it's a company," said Trump, according to Forbes. “Basically, I've used the country's laws to my advantage ... just like many, many others at the forefront of business.



In 2016 he became President of the United States. Andrew Kelly / Reuters Will Smith owed the IRS $ 2.8 million (£ 2.1 million).


In 1985, Will Smith partnered with DJ Jazzy Jeff, and his first album, "He's the DJ, I'm the Rapper", went multi-platinum in 1989.Smith was almost a millionaire almost overnight and has passed an expenditure effort.He had $ 3 million (£ 2.3 million) in his name, and he threw it all away to get on stage. “I remember going home and being with my father and he said, 'I don't understand.


Bad romance is you're on the radio. ", she told Der Spiegel." I said, 'Let me do this. On stage, because I think if I can do that, I can get Arthur Febel's attention. ' And I did. After the show, Fogel and Live Nation wrote Gaga $ 40 million (Jan.6 million) (AP Photo / The Ex million (£ 18 million ) and Featured Mike Tyson made $ 400 million (pounds 307 million) over the course of his two decades boxing career.


Those gains did not last long, however, and Tyson filed a $ 9 million divorce settlement in 2003 with the UK tax authorities.It took him over a decade and a rehab trip to get rid of debt.


According to CNN, Tyson now says he is out of the hole and in control of his life again. REUTERS / Andrew Kelly 50 Cent filed for bankruptcy in 2015 despite an estimated value of 155 million US dollars (119 million pounds), rapper 50 Cent, whose real name is Curtis Jackson III, filed for bankruptcy in 2015, despite it being so was once worth an estimated $ 155 million (£ 119 million).


Days after he was ordered to pay $ 5 million (£ 3.8 million) to Rick Ross' ex-girlfriend Lastonia Leviston, who sued him for posting her sex tape online to embarrass 50 cents rival Ross. ended up paying more than $ 22 million (£ 16.9 million) and being released from bankruptcy.


Danny Moloshok / ReutersKim Basinger filed for bankruptcy in 1993 while being sued by a production company. Kim Basinger filed for bankruptcy in 1993 despite having net worth of $ 5.4 million (£ 4.1 million). He had withdrawn from the movie "Boxing Helena". and was sued by production company Main Line Pictures for breach of contract for $ 8.1 million (£ 6.2 million).


They agreed on $ 3.8 million (£ 2.9 million).Basinger took a three-year hiatus from acting, but director Curtis Hanson convinced her to take on the role of Veronica Lake in L. Confidential. The film earned him a Golden Globe and his career has since returned. valued at $ 36 million (£ 28 million).



https://www.standard.co.uk/business/16-famous-people-who-have-been-broke-or-bankrupt-a3598721.html

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