"25 rich and famous people that ended up poor"

"You might already know that there are rich and famous people that ended up poor. It happens all the time. People will inherit or make a substantial amount of money only to spend it on lavish lifestyles."

About the video:

"Check out these 25 rich and famous people that ended up poor.

Some of the most famous people out there have ended up poor. It’s hard to imagine how someone can go from being worth millions of dollars to claiming bankruptcy. Unfortunately, this scenario has happened to some our favorites celebrities. Take a look at these famous people who lost most of their fortune (and our photo credits and sources) and let us know in the comments below if you’ve heard of someone else who was rich and lost their fortune.

If you acquired $150 million dollars, do you think you’d ever need money again? Probably not. However, there are some people that have acquired this kind of money. In fact, more than $150 million. And yet, these people went bankrupt. Take Nicolas Cage for example. During the height of his acting career, he earned at least $150 million dollars…but spent it all on islands, Lamborghinis, and dinosaur skulls (among other things). Then there’s MC Hammer who during the 80s and 90s amassed a huge fortune but by 1996 was $13 million in debt. You won’t believe who else fell from grace (rich grace that is). Check out these 25 rich and famous people that ended up poor."

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See also: How did Lady Gaga make her over $300 million net worth

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