Top 16 Celebrities Gone Bankrupt

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No one ever thinks of the many inconveniences of being rich! Yes, you read that right, wealth brings the greatest commodities into your life but also a great deal of stress when people you’ve known your entire life, along with others that mean nothing to you, keep begging you for money! Celebs give money, spend money, share money, invest money, but one wrong move is enough to turn things around and leave these wealthy guys broke. Sometimes for good! And then suddenly stars stop being that beloved icon they once were to become the object of calls and harassment from creditors that end up putting so much pressure in them that ultimately drive celebrities to throw in the towel, go for their last resort and file for bankruptcy. Quite a drastic measure, but possibly their only way out of the dead end they were in because of debt. Here are only some of the most notorious big names you had no idea had faced serious financial hardships (like most of us!), and maybe due to poor money management, marriage, divorce or simply tax debt ended up broke. Whatever the reason we bring you the top 16 celebrities who have lost millions. Petty or no petty, bear with us as we discover who they are and what went wrong.

#16 – Donald Trump

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The real estate mogul turned Republican presidential front-runner, has filed for corporate bankruptcy as many as 4 times! He has admitted to take advantage of the laws and use them to come out clean of particularly disastrous investments, a savvy move that can be widely criticized but that the Republican candidate argues is indeed used by many people in similar situations as their way out of debt. Very rarely Trump puts his personal wealth at stake, so he sees filing for Chapter 11 as a common business move that in no way stains the financial success of his empire that has reached a net worth as high as $10 billion.

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