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This may sound shocking to you, but did you know that your favourite or popular celebrity may not be living life to the fullest? The sad reality is that some celebrities struggle through life, while for others, their fame and celebrity status does not match their fame. So, who are some of the poorest celebrities today?
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You may wonder why some celebrity’s net worth does not match their fame; for some, they trusted the wrong people with their wealth or mismanaged it. For others living beyond their means was the beginning of their downfall, leading to having some of the lowest celebrity net worths.
Most Holywood stars, after getting super-rich, often want to live the good life, which is characterized by high-end parties, going on expensive cruises, and purchasing high-end items, leading to debts. Unfortunately, this has seen some celebrities who had it all start leading a mediocre life. So, who is the poorest celebrity?
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Most people know them from the popular MTV scripted reality show The Hills. The couple met, dated each other, and finally tied the knot on the show. They had a combined net worth of about $10 million at the time of their fame. So, what happened to their fortune?
To answer, who is the poorest actor in the world? Spencer and Heidi Pratt may fit as their net worth today does not match their fame. It is believed that the couple spent a fortune on designer bags and clothes, plastic surgery sessions, and hair & makeup.
Aaron Carter is a famous pop music star who had been doing well from the onset of his career in the early 2000s. However, his downfall began in 2008 after being arrested for speeding and the possession of prohibited substances.
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In 2017, he was arrested again and charged with DUI and the possession of prohibited substances. In 2018, he revealed that he did not have any savings and already had a debt of over $100,000.
Dennis is an actor and former basketball player. He was renowned for leading an extravagant lifestyle, which saw him spending most of his money. However, his high-end life came to a halt in 2012 after facing child-support charges worth over $800,000 to an ex-wife. In the same year, he filed for Chapter 7 bankruptcy.
He has featured in several reality shows, such as Celebrity Big Brother. However, in 1997, he allegedly kicked a referee in the groin, was fined $200,000 and suspended for 11 games. As a result, he lost $1 million in earnings, beginning his downfall.
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She is a popular face on The Real Housewives of New Jersey. However, she is also popular for her legal troubles with her husband, Joe. In 2008, the couple filed for bankruptcy and claimed to be in more than $11 million worth of debt.
This saw them selling their mansion and most of their valuable items. In 2016, they settled the bankruptcy charges after approval from the court. This was after she served her jail term period of one year.
The popular actress was once a favourite of many people. She was at the top of her career when she took a turn for the wrong, which was the onset of her downfall. She started being charged with DUIs, drug possession, and over-indulgence of alcohol.
He is a favourite actor to most people, while some know him as Hailey Bieber’s dad or Justin Bieber’s father in law. However, his net worth would beg to say something different.
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Some of his most popular films include The Usual Suspects, Half Baked, Shelter Island, The Young Riders, and Born on the Fourth of July. A few years back, he faced some credit card and tax charges.
Gary stands out as one of the successful actors in the 80s and 90s. Some of the films he featured include Under Siege and Point Break. In 2012, with the help of his son, Gary filed for bankruptcy.
Gary Busey may be a perfect fit for query, who is the most broke celebrity? His woes started in 1988 after suffering from a terrible motorcycle accident that led to brain injury. Since then, his career has taken a whole new turn to where he is today.
Teri is a notable actress in the Meet the Parents film that garnered about $1 billion worldwide. She is also a model and has featured in several television shows and movies.
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In 2014, she filed for bankruptcy and claimed to have huge tax debts of about $1 million. However, she continues to act in a bid to clear her name and debts.
Kelly is definitely a darling actress to many fans. Famous for her starring role in Gossip Girl, the actress was doing quite well financially. So, how did she find herself as one of the celebrities with low net worths?
Teri’s net worth was depleted due to a divorce and custody battle with her ex-husband. It is alleged that after her ex-husband moved the kids to Monaco, the actress spent a fortune travelling about 70 times in two years to see her children.
Randy is best known for his roles in the film Independence Day, Kingpin, and National Lampoon’s Vacation. He featured in about 120 films between 1971 and 2009. But how did he find himself on the list of who is the poorest A list celebrity?
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Randy and his wife are alleged to have spent the fortune by purchasing properties they did not need and skipped paying huge bills.
Tori Spelling is a notable actress featured in various films, especially throughout the 1990s. Part of her success is credited to her father, Aaron Spelling, who was a popular film and TV producer.
After the death of her father, the actress inherited about $800,000. However, her woes resulted from her obsession with real estate and her not-so-successful reality television shows.
Noah is a notable young actor currently at the peak of his career. However, the Perfect Date and To All the Boys series star would be presumed to be worth a fortune, which is not the case.
Chloe Bailey wears many hats in the entertainment world. She is an actress, dancer, record producer, songwriter, and singer. The actress debuted in the famous Beyoncé film titled The Fighting Temptations.
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Chris was one of the highest-paid actors in Hollywood. But, how did he find himself on the list of who is the poorest celebrity net worth? For starters, in 2011, he suffered a foreclosure on his $6 million home. He also suffered a whopping $14 million fine from the IRS.
Sinbad is a legendary actor from the 1990s and had his television show. He is also featured in many movies, which means the actor should be pretty wealthy. But, what does net worth mean for celebrities? This means the value of a celebrity’s assets minus all their liabilities.
The actor revealed that he spent a fortune trying to save his business using his money. In a bid to remain afloat, Sinbad declared bankruptcy twice.
Above is a list of the poorest celebrities whose net worth does not match their fame. This indicates that wealth comes and goes, primarily if not managed wisely. Therefore, it is highly advisable to invest and make the right choices regarding spending.
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READ ALSO: Top 50 richest YouTubers in the world 2022: What is their net worth?
As published on Briefly.co.za, some social media personalities are living large as a result of their YouTube earnings.
Gone are the days when people had to roll their sleeves and put in physical efforts at their jobs. Nowadays, the richest YouTubers in the world make money by just creating visual content from anywhere!
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Source: Briefly News
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