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WATCH: 10 Famous People Who Went From Rich To Poor

June 14, 2015 | Tuesday


When you’re famous, regardless of whether or not you’re still working, people will automatically assume that you are still rich. Granted, everyone pays taxes, bills, rent, etc. and unless they have a steady stream of income, celebrities have to budget just like the rest of us normal people. If the celebrity isn’t wise with their money, then they’ll lose it just as quickly as they made. There are numerous celebrities these days who are broker than the average person who are now working normal jobs and trying to make ends meet, much to the shock of their fans and followers. It is a humbling experience to once be on the top and then falter to the bottom of the economic food chain. 

Celebrities can go broke for a multitude of reasons including divorce, child support, taxes, too many charitable donations, or bad investments. Here are some famous people who are currently broke. This isn’t to say that these people may not make their way to the top again and once again be in financial freedom, but for now, they are just like us average joes who are trying to make ends meet while paying for the things we want.

It seems that money problems follow us everywhere even if we’re famous, which forces us to wonder whether or not financial troubles will ever end. As you watch, maybe take a few notes so in case you even find yourself in a boatload of money, you don’t make the same mistakes these famous people made.

Celebrities are known to make tons of money, and they are also known to lose it in a multitude of ways including divorce, taxes, and bad investments. From rising to the top to falling flat on their faces, here are some famous people who ar





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About Erick Abel

Erick Abel
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