1. Stephen Baldwin 2. Kim Basinger 3. Nicholas Cage 4. John Daly Professional golfer John Daly admitted that he had lost upward of $60 million to his gambling addiction. Dummy. 5. Lenny Dykstra 6. Zsa Zsa Gabor 7. Jon & Kate Gosselin 8. Victoria Gotti 9.Evander Holyfield 10. Billy Joel 11. Willie Nelson 12. Martha Stewart 13 Michael Vick Feeling sorry?
FORBES: Celebrity Recession: Who Lost It All In 2009
Stephen Baldwin filed for bankruptcy this past summer as a result of more than $2.3 million in personal debt, including more than $1 million owed in back taxes.
A judge ordered Basinger to pay a film production company nearly $9 million for failing to honor her commitment to star in the movie Boxing Helena. She ended up losing $19 million when she had to sell the town of Braselton, Ga., which she purchased in 1989, and had to file for bankruptcy.
Yep ladies. Mr. Cage owes the IRS–more than $6 million in back taxes to be exact. He blames his former manager, for losing millions of dollars to risky and speculative investments and recently filed a $20 million suit against the CPA. To make matter worse, he recently sold his castle in Bavaria.
In an April 2009 ESPN.com interview Dykstra claimed a personal fortune of $60 million but just three months later he filed for bankruptcy, stating he held just $50,000 in assets.
Ninety-two-year-old Gabor was one of convicted Ponzi scheme con artist Bernard Madoff’s celebrity victims. Her lawyer estimates that the actress lost $7 million to Madoff and is now having to pay off back taxes of $118,000 in addition to the loss.
The reality TV ex-couple is,lost $3 million to $4 million salary from the ending of their show. dumbass, was it worth it?
Daughter of deceased mobster John Gotti and star of that this TV reality show Growing up Gotti filed for bankruptcy after her mansion in Long Island went into foreclosure. Blaming her financial misfortune on her ex-husband’s imprisonment, she lost the home after the bank reported that she owed more than $650,000 in back mortgage payments. What did she do anyway?
He earned nearly $250 million during his time in the ring which could not help to stop the foreclosure on his 109-room home in suburban Atlanta. Whatever.
Filed a $90 million lawsuit against his former manager (and former brother-in-law) Frank Weber for losing tens of millions of dollars as a result of fraud, risky investments and unauthorized loans.
Willie Nelson went “on the road again” to raise the $16.7 million in back taxes he owed the IRS after filing for bankruptcy in 1990.
She estimates her time in federal prison (for obstructing justice and lying to investigators) cost her approximately $1 billion. Moral of the story- don’t go to prison.
Douchbag deserved it.
1. Stephen Baldwin
2. Kim Basinger
3. Nicholas Cage
4. John Daly
Professional golfer John Daly admitted that he had lost upward of $60 million to his gambling addiction. Dummy.
5. Lenny Dykstra
6. Zsa Zsa Gabor
7. Jon & Kate Gosselin
8. Victoria Gotti
10. Billy Joel
11. Willie Nelson
12. Martha Stewart
13 Michael Vick