Celebrities and their debts that you don’t know
For everyone, the lives of celebrities are beautiful. They have money, they have a reputation, they have a position in society, they inspire, and they bring influences to people … Singers, actors, comedians, musicians .. Regularly attending big parties, they get noticed, they get paid to show their talents, it’s a life many people desire!
But for some cases, celebrities are not good at managing their money. They have too much money, and they think they can do everything. Therefore, celebrities often buy super cars, villas in big cities, and sometimes they are tricked by people they know, others are related to social evils.
Once you have millions of dollars in hand, what will you do? But celebrities are just people, and there will be times when they get into trouble at work and in life. Sometimes they went bankrupt and even had huge debts. Some may stand up and start over. But others even when they have died, their relatives still face the debts they create!
Singer Whitney Houston
Whitney Houston is a famous singer with R&B songs like “How Will I Know” or “I Wanna Dance With Somebody (Who Loves Me).” In 1992 and 1993, she earned more than $ 120 million from her role in The Bodyguard. The Bodyguard soundtrack stood at No. 1 for 14 weeks on Billboard’s Hot 100 chart with “I Have Nothing, “I Will Always Love You,” and “I’m Every Woman”.
According to CNN, Houston sold over 170 million albums, videos, and other products … While Houston owed Sony Music over twenty million dollars, she died when she was 48 years old. According to New York Daily News and Idolator, Whitney Houston had a $ 100 million contract with six albums in 2001, but it was an unsuccessful contract. Since then, she has received funds from Sony and this amount is 20 million dollars in 2012.
Sammy Davis, Jr.
As a member of the legendary band “Rat Pack” with singer Frank Sinatra, Sammy Davis, Jr. is truly a talented artist (via Las Vegas Sun). He had great roles in the Oceans 11 and Robin and Seven Hoods movies. Besides, he is also known as a famous singer with songs “The Candy Man” or “What Kind of Fool Am I”. However, he had a debt of $ 15 million when he died at age 64 in 1990 (according to Page Six)!
According to a source from NPR, Sammy Davis has a Beverly Hills mansion with money, Rolls-Royce, and expensive jewelry … However, Altovise, Davis’s wife, still has to solve her husband’s debt. In 1994, Altovise had to live in a friend’s house and things got worse then!
Actress Judy Garland
Judy Garland is a good actress who is well trained. She appeared in famous movie productions like The Wizard of Oz or Meet Me in St. Louis. After graduating, Judy Garland’s career grew rapidly with Oscar nominations such as A Star is Born (1954) or Judgment at Nuremberg (1961)!
With the book Judy and I: My Life, Judy Garland earned about $ 15 million between 1961 and 1966, information from Sid Luft – Garland’s third husband. On CBS, Garland participated in nearly 50 concerts with the lead role in The Judy Garland Show. However, she always has a debt. You know, Judy Garland has a $ 500,000 debt from the government and others!
Garland called him and said she went bankrupt while the IRS sold her house for 90 days. At that time, all of Garland’s earnings would go to “federal treasury” – information from Luft. The actress died when she was 47 years old, who was said to have no food in the house and had to go everywhere to earn money!
Mickey Rooney and his family troubles
Playing the role of Andy Hardy in 9 years and 15 films, Mickey Rooney is one of Hollywood’s most famous and rich actors. Later, he joined musicals like Babes in Arms, Girl Crazy, and Babes on Broadway … with Judy Garland. Returning from World War II, Mickey Rooney has a number of popular television shows, including The Mickey Rooney Show in 1954. The peak of his career was Oscar nomination in 1979 with The Black Stallion!
However, Rooney is one of those celebrities who is bad at managing money. After winning the lawsuit against his son, Chris Aber, about money theft, he was compensated for $ 2.8 million. However, The Hollywood Reporter said that Chris Aber did not give money to Rooney. In 2014, Rooney died! With debts, relatives have to sell Rooney’s house to give money to creditors, according to Radar Online!
Andy Gibb’s debts
In the late 1970s, Bee Gees was one of the most popular bands in the world. Their songs like Night Fever, Stayin ‘Alive, or Jive Talkin are legendary songs. However, the Bee Gees still have rivals and it’s Andy Gibb, brother of Barry, Robin and Maurice – members of the Bee Gees. Once upon a time in Billboard’s top 10, Andy Gibb owned 6 songs. However, Gibb’s career has been downgraded when the dance hall is no longer attractive. He had to join Broadway, attend comedy shows, and do some work on music organization. Finally, Andy Gibb is fired for some personal reasons (according to People).
According to People, Andy Gibb is addicted to drugs. After that, he quit drugs and lived in Miami but his assets were gone, Andy Gibb went bankrupt. A few days after his 30th birthday, Andy Gibb had chest pain and he died in the hospital. And he still had a $ 1.5 million debt!
King of Pop Michael Jackson
The whole world grieved over the death of King of Pop Michael Jackson in 2009. Michael Jackson is a musical legend with unique dance moves, his career is known for The Jackson 5 and Thriller in the 1970s – 1980s. With songs Billie Jean, Human Nature, or Beat It, it is said that the album Thriller is the best-selling album of all time, through Rolling Stone.
However, Michael Jackson is just a normal person, and he has his own dark side. Information from E! News said that Jackson had hung his child outside the balcony, he abused children, and he let children drink alcohol.
Jackson’s finances really have “problems” because of his wasteful spending habits. Information from Billboard suggested that MJ spent more than $ 30 million in a year, at the end of his life, when he couldn’t make more than that amount!
Actor Gary Coleman
Gary Coleman is a good actor. His talent is shown through original sitcoms, typically Arnold Jackson, an orphan in Diff’rent Stroke, or as the voice of an angel in The Gary Coleman Show.
However, Coleman was an unlucky person. His parents and manager have taken all the money he earned from Diff’rent Strokes. After that, he received $ 1.3 million in compensation, but he still couldn’t manage his money. In 1999, Coleman went bankrupt! The Time says the actor’s career goes down and royalties from Diff’rent Strokes are $ 1,000 per year. According to some sources from AOL, Coleman has a $ 72,000 debt while the most valuable asset he has is a $ 3,000 train model!
With many political debates (Cole was California governor in 2003), he lived in Utah and died in 2010 at the age of 42. ABC News said his remaining assets were a home outside Salt Lake City.
Coreys’s career grew in the 80s. He is one of the famous people with Feldman. When the new trends “appeared” in the 90s, he quickly merged with them. However, the lives of two friends are very different. While Feldman buys costumes that resemble Michael Jackson and joins the horror film Rock ‘n’ Roll High School Forever … then Haim is addicted to drugs. Corey Haim died when he was 38 years old, according to People!
Before his death, Corey Haim announced that he had gone bankrupt in 1997 with debts of at least $ 200,000 (via E!New)!
Do you believe it, Queen Mother in this list!
Queen Elizabeth II is the queen of the United Kingdom and her mother is also named Elizabeth or we can call “Queen Mother”. We will talk about Queen Mother. Through the Daily Mail, Queen Mother is not good at managing money, she doesn’t even have a personal bank account. When buying an item, Queen Mother doesn’t know its price, whether it’s a bottle of wine, a horse or a famous picture. In 2002, Queen Mother died at the age of 101. However, one thing you didn’t know, Queen Mother’s allowance was $ 1.3 million a year and she still had a $ 14 million debt when she passed.
Redd Foxx is the next
Redd Foxx is a legend of American comedy. He has great records, it was the first comedy album in the 1950s, comic books and sitcoms … However, he had a sudden heart attack and the people around him thought that that’s just a joke. The Los Angeles Times said that when people were rehearsing, Redd said loudly “This is the big one!” then fall down!
After that, he was taken to the hospital, but he passed away! The moment Foxx died of the heart attack, he had a $ 3.6 million debt. Although he has many properties, they are not valuable and John Cahill took them all. By the end of 2010, Cahill continued to sell stories about Foxx’s life to pay off his debt!