12 Popular Celebrities Who Have Gone Broke, Once Multi-Millionaires But Are Now Currently Broke

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Well, celebrities can definitely agree. Maybe it didn’t come that easily, but the quickly earned money can surely disappear as fast as it came. After earning dozens of millions during their careers, it is hard to imagine how in the world these famous people manage to lose their fortune.

Their stories can teach us lessons: every time you face financial problems, you can say something like: “This is nothing. If 50 Cent can lose all those millions and be just fine, why should I stress about 2,000$?” It can be a good stress reliever; don’t you think? These celebrities prove that being rich and famous doesn’t necessarily go hand in hand. If you ever come to the point that you wish to be in their place, consider questioning yourself. They also have problems like we do, they make bad decisions, and face difficulties managing their money.

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Anyone can face money issues sometimes. You can’t avoid that, and if you have more money, more problems might emerge. That’s another thought to keep you worriless. Why worry if it’s still gonna happen? Here are 12 celebrities who went from filthy rich to penniless:

14. 50cent

50 Cent, who’s real name is Curtis James Jackson III, Who used to be worth over $400Million filed bankruptcy last June days after a New York jury awarded fellow rapper Rick Ross’ baby mama, Lastonia Leviston, $7 million in a legal battle over her leaked sex tape. Which he has yet to fork over.

The lawsuit stemmed from a 13-minute video that appeared online in 2009 featuring a wig-wearing Fifty as a narrator dubbed Pimpin’ Curly.
The character made explicit remarks about Leviston and taunted rap rival Rick Ross, who at the time was trading barbs with Fifty via video, lyrics and interviews.
50 Cent got the 2008 tape from the man in it – Leviston’s boyfriend at the time.
The 40-year-old rapper also lost a legal battle with his ex-business partners over a failed headphone deal and was slapped with a $17 million judgement in that case.
According to his Chapter 11 petition, Fifty claimed he had assets between $10 to $50 million but that his liabilities were in the same range.
Few months back, he filed documents in the bankruptcy stating he only had $16 million in assets.

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