Had It & Lost It – Celebrity Riches to Rags was originally published on hellobeautiful.com
1. Toni Braxton
Toni Braxton blames her money woes on bad business deals & medical bills. She filed for bankruptcy in 2010.
Had It & Lost It – Celebrity Riches to Rags was originally published on hellobeautiful.com
2. 50 Cent
This year 50 filed for Chapter 11 bankruptcy and has been quoted saying that his flashy lifestyle is all a show.
Had It & Lost It – Celebrity Riches to Rags was originally published on hellobeautiful.com
3. Flex and Shanice
Apparently, Flex Alexander & Shanice have been experiencing a financial downfall that’s been going on for a minute. Flex wasn’t booking any gigs and Shanice wasn’t making any music so they along with 9 other family members shared a home and expenses and now . . . they have a reality show on OWN.
Had It & Lost It – Celebrity Riches to Rags was originally published on hellobeautiful.com
4. Warren Sapp
The former NFL star filed for bankruptcy in April 2012 after having blown the $82 million he’d earned in his career–and fans learned of his lavish spending on such items as a rug made out of lion hide and more than 200 pairs of Air Jordans. In 2012, Sapp owed $6.7 million to his creditors — nearly a million of that to the IRS — and only had $6.45 million on hand.
Had It & Lost It – Celebrity Riches to Rags was originally published on hellobeautiful.com
5. Ludacris
Luda would have us believe he is broke and can’t afford to pay child support for his little girl. He blamed his empty bank account on Paul Walker’s death causing the halt of filming Fast & Furious and apparently causing him to go broke has raised some eyebrows. Really?
Had It & Lost It – Celebrity Riches to Rags was originally published on hellobeautiful.com
6. Dennis Rodman
The former NBA and Celebrity Apprentice player is accused of owing more than $800,000 worth of child support to his third wife, according to TMZ. But court documents said he was unable to pay up because he’s currently broke.
Had It & Lost It – Celebrity Riches to Rags was originally published on hellobeautiful.com
7. Sinbad
The comedian has filed for bankruptcy twice saying that he owed a debt of about $11 million, $8 million of which was money he owed for back taxes. Sinbad, whose real name is David Adkins, insisted to Oprah, “I didn’t live large. I invested in me. I invested in a lot of other people. I would not change it.”
Had It & Lost It – Celebrity Riches to Rags was originally published on hellobeautiful.com
8. Lauryn Hill
The singer has admitted she’d failed to pay taxes on about $1.8 million of earnings between 2005 and 2007.
Had It & Lost It – Celebrity Riches to Rags was originally published on hellobeautiful.com
9. Dionne Warwick
The famed “Say A Little Prayer” singer will need more than that to get out of debt! In March 2013, the legendary hit maker, 72, claimed in a federal court filing for bankruptcy that she owes $10.7 million, most of it for taxes.
Had It & Lost It – Celebrity Riches to Rags was originally published on hellobeautiful.com
10. Chris Tucker
Incredibly, the Rush Hour star joked about his massive $11.5 million IRS debt two years ago. “That’s the last time I let Wesley Snipes help me out with my taxes,” Tucker laughed about the star who went to prison for being a tax cheat. But the Silver Linings Playbook actor has recently gotten serious about satisfying the taxman himself, reportedly paying back almost a million on his debt.
Had It & Lost It – Celebrity Riches to Rags was originally published on hellobeautiful.com
