Rihanna, Nicolas Cage and other millionaires who lost everything and earned again

Having a great fortune is not so simple. It is important to be able to spend so that the money remains. History knows many examples of stars who have managed to spend their entire fortune. Go banking rates collected a list of stars who, despite being left without their fortune, were able to return to the financial Olympus again.

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Dorothy Hamill

Dorothy Hamill is a figure skating legend. In 1976 she became an Olympic champion. After finishing her sports career, Dorothy went into business, but after a series of rather risky investments, she declared bankruptcy. She participated in the Ice Capades show, which was on the verge of bankruptcy, and in order to save it, she bought it out. This happened in 1993. The following year, she filed for bankruptcy. Her assets at that time were $1,3 million, and her debt was $1,6 million.

The book “A Skating Life: My Story”, which she wrote, as well as shooting in the television movie “The Christmas Angel: A Story on Ice” helped her recover from the financial crisis. Now her fortune is $ 5 million.

Larry King

Now his fortune is estimated at $ 150 million, but this was not always the case. In 1978, a well-known journalist and broadcaster owed creditors $ 352 thousand, including $ 14 thousand debt for gambling. His wife Sharon convinced King to declare bankruptcy. She forced the journalist back to work and took control of all his checks that were not drawn in cash. His show “Larry King Live” debuted on CNN on 1985, and he earned a starting capital of $ 200 thousands. He left the show in 2010, but with 2012 he led Larry King Now on Ora-TV and Hulu.

Tony Braxton

Tony Braxton was recovering from bankruptcy twice. For the first time, a famous singer announced bankruptcy in 1998 year. She explained her financial problems with small royalties and a habit of spending a lot. Then, thanks to selling her hits, such as Breathe Again, she earned $ 170 million. In 2010, she again declared bankruptcy, referring to debts of $ 10-50 million. Then she began to lead the Braxton Family Values ​​show. After participating in the show, she was able to buy a house in Cababas, California, for $ 2,9 million. Now her fortune is estimated at $ 10 million.

Sinbad

David Edkins, known as the comedian Sinbad, in April 2013, declared bankruptcy. This was the second time he tried to declare himself bankrupt. The first time he applied for an application was in 2009, but he was rejected because he had not submitted enough documents. He stated that he owed $ 11 million, while his assets amounted to only $ 350 thousand, and the earned income of $ 16 thousand per month was not enough to pay off debts. He owes $ 374 979 American Express and $ 2,3 million to the California Franchise Tax Board. Since then, he has worked in several projects, voiced a role in the Steven Universe - and now his fortune is estimated at $ 4 million.

50 Cent

The rapper and actor 50 Cent, aka Curtis Jackson, declared bankruptcy in 2015 year. He was ordered to pay $ 5 million to Lastonia Lewiston after draining intimate videos with her participation and another $ 17,2 million by Sleek Audio for allegedly misappropriating the design of the headphones. Now his fortune is estimated at $ 20 million, most of which he earned thanks to royalties for using his musical compositions.

Kim Basinger

In 1993, American actress Kim Beysinger declared bankruptcy. She was supposed to pay $ 3,8 million to creditors. Now her fortune is estimated at $ 40 million, thanks to the filming of films such as LA Confidential and 8 Mile.

Nicolas Cage

Actor Nicolas Cage, through participation in films such as “Leaving Las Vegas” and “The Rock”, earned $ 150 million, but lost his main part because of his spending. In October, Cage 2009 sued his manager Samuel Levin, accusing him of leading Cage to financial collapse. Levin said that the actor bought three houses totaling more than $ 33 million, 22 cars, 12 expensive jewelry and 47 works of art. Two years later, the conflict was resolved. Now the state of Cage is estimated at $ 25 million.

Don Johnson

In April 2004, the American actor and singer was on the verge of bankruptcy. By the end of 2004, he was able to cover his obligations to creditors. Claims included paying $ 7 345 to Aspen Valley Hospital and $ 5 740 to Clark's Market. The actor almost lost his home in Colorado, but at the last moment managed to pay $ 14,5 million and saved the property. In 2010, the court returned more than $ 50 million to the actor: $ 23,3 million for the series in the USA Network and $ 27 million percent. Now his fortune is estimated at $ 40 million.

Rihanna

In 2009, Rihanna had $ 11 million in her bank account, but by the end of the year she had only $ 2 million left. In 2012, she filed a lawsuit against her accountant, claiming that he confirmed that she could afford to buy a house worth $ 7 -7,5 million, which she eventually sold at a loss of $ 2 million. In 2014, she won about $ 10 million in court. Today, the singer’s fortune is estimated at $ 260 million. She is a highly paid artist. The Diamonds tour helped her earn $ 137 million, she received another $ 1 million by concluding a deal with Puma.

Burt Reynolds

Burt Reynolds died in 2018 year. During his lifetime, he was not spared financial problems. In December, 1996 reported that he owed more than $ 10 million. Reynolds’s son said that since his success in 1980, his father had lost $ 40 million, and the accountant stole $ 15 million. In the last years of his life, the actor has worked hard and starred in several films, including “Shadow Fighter”, “Miami Love Affair” and “Defining Moments”.

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