Millionaire status does not mean you’ll have the money you need to live the lifestyle you desire and worry-free about your future. The more money you earn, the harder it is to lose. Hollywood stars know this all too well. Discover which Hollywood celebrities have been indebted or lost wealth because of irrational choices and reckless decisions.
Nicolas Cage
Was it possible that the biggest movie star of our time could be facing financial difficulties? His net worth used to be estimated at $150 million. Those days may be gone. Gone in 60 Seconds, and National Treasure, his two successful productions that brought him $20 million profit each, have since seen the actor lose much of this wealth. He was able to buy luxury cars, houses and rare artifacts. In 2009, however, it was discovered by the IRS that the actor had failed to pay tax for several years. The total amount of his unpaid taxes, as per some sources, is $13.3 million. The actor has had to sell some of his expensive possessions since then and now his net worth is no more than $25 million.
Burt Reynolds
Burt Reynolds was in fact the heartthrob of Hollywood back in 1980. His wealth was astounding in his heyday as a TV and movie star. He lost his fortune, estimated at around $40m and could not pay off his debt. During his glory days, the actor spent a lot of money on horses, real estate and private jets. When financial problems began, the actor was forced to sell many of the luxurious homes he owned.
Stephen Baldwin
Stephen Baldwin’s acting career brought him some success, even though he was not as famous as his brother Alec. He was able to maintain his wealth until 2009, when he had to declare bankruptcy. He is most known for his roles in Flintstones Viva Rock Vegas, and Usual Suspects. He filed for bankruptcy because of the debts he owed on mortgages and taxes.
Johnny Depp
Johnny Depp is one of the most well-known and famous actors today. Johnny Depp is known and loved for many roles, including What’s Eating G. Grape Edward Scissorhands and Pirates of the Caribbean. was named Hollywood’s most overpaid actor not just once, but twice. Johnny Depp’s financial troubles may seem unfounded, as he earns up to $20 million per movie. The actor’s flamboyant, luxurious lifestyle is what caused his financial problems. He did not declare bankruptcy or struggle with debts. However, his spending habits are not prudent.
Shia LaBeouf
Shia LaBeouf’s star rose to the top of Hollywood but then fell quickly. Shia LaBeouf’s fortune, is still substantial, but his erratic behaviour has prevented him from furthering his career and increasing his income.
Ben Affleck
Ben Affleck, like Shia Labeouf is not a Hollywood star who has been ruined by his addictions. However, we should be aware that celebrities can also have problems and issues that could get out of control. Affleck’s gambling addiction led to a blackjack ban at the Hard Rock Casino due to alleged cheating. It’s a risk of playing at a casino. You’ll be safer and more secure if you use the top online casino , like Vegas Slots Online, to ensure that there is no cheating.