Celebrities Who Went Bankruptcy
Categories:
Entertainment
Nicolas Cage has earned over $150 million in a successful movie career, spending his cash on mansions, castles, yachts, jets and cars and it seems like he spent it on everything except taxes.Apparently he had to sell his most prized assets to pay off his $14 million on taxes.
Shane Filan
The Westlife singer was declared bankrupt immediately following a hugely successful farewell tour.He was a victim of the property crash.His debt went up to $30.6 million.
Kerry Katona
This mother of four was declared bankrupt in the summer of 2013
Kelly Rutherford
She is best known for her role in Gossip Girl.In 2008, she filed for divorce against her German husband, who was subsequently deported due to illegal activities.In June 2013, she filed for bankruptcy because of debts around $2 million due to the divorce and custody dispute of her childrens.
Pamela Anderson
She owe back taxes totaling more than $1 million and had to put her house on the market in order to pay the debt.
Dionne Warwick
She was known as a hit maker.Warwick has had 56 hit singles,however, becuase of luxurious lifestyle and lavish spending which resulted in $10.7 million in debt, most of which she owes to the IRS.In March 2013, she declared bankruptcy.
