Celebs Who Went Broke
Celebs Who Went Broke, Former Baltimore Ravens player Chris McAlister claimed in September he has to live with his parents despite signing a multimillion-dollar contract in 2004. Now an NBA guard is said to be living at home with his parents during the NBA lockout, and a former NFL wide receiver is rumored to be too broke to pay child support.
Of course, McAlister not the first famous person to end up with financial troubles. Read through our slide show to see who else lost it all.
The “Smokey and the Bandit” star, who filed for bankruptcy in 1996 after his divorce from this actress, is facing foreclosure on his $9 million Florida estate
The married former reality stars and tabloid staples say they spent all of their money and now have to live in Pratt’s parents’ beach house.
The NBA Hall of Famer, who lost his money in bad investments and big purchases, left the courthouse in tears after winning $2 million in a 2010 lawsuit.
The Duchess of York, who has battled money woes for years, was caught on tape attempting to sell access to her royal ex-husband to an undercover reporter.
The Oscar winner was forced to put some of his properties on the market after failing to pay taxes for several years.
The former heavyweight champion, who once spent $2 million on a bathroom fixture, filed for bankruptcy in 2003 after accumulating millions in debt.
The “U Can’t Touch This” rapper went from buying $30 million mansions to accumulating millions in debt by 1996.
The “Hollywood Madam” was a multimillionaire when she was busted for running a high-dollar prostitution ring.
The “Red-Headed Stranger,” who found himself in hot water with the IRS in 1990, released a hilariously titled album to help pay off the debt.
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