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Category Archives: Celebrity Bankrupts for Bankruptcy
George Best Declared Bankrupt in November 1982
George Best was the original superstar celebrity footballer. At the height of his fame, surrounded by fast cars and beautiful women, he was taking home 3,500, while other players were earning just 75. Bests most famous quote is: I spent … Continue reading
Eddie The Eagle Edwards Leading to his Bankruptcy in 1992
The first Briton to represent his country in Olympic ski jumping, Michael Edwards is better known as Eddie The Eagle. He once held the world stunt jumping record, clearing ten cars and six buses, was British ski jumping champion and … Continue reading
Cyndi Lauper Declared Bankrupt 1990
When a single with her band Blue Angel flopped, singer Cyndi Lauper was declared bankrupt after her former manager sued her for $80,000. She was told by doctors in 1977 that she would never sing again after damaging her throat. … Continue reading
Chris Eubank Declared Bankrupt in November 2005
Former world boxing champion, Chris Eubank, was declared bankrupt in November 2005, owing 1.3m in tax, blaming his situation on the poor advice he was given during his boxing career. Two years before, a bankruptcy petition against him failed, and … Continue reading
Burt Reynolds
At one time, actor Burt Reynolds was just as famous for his distinctive moustache as he was for bankruptcy. He became a household name in both America and Europe after box office hits such as Cannonball Run (1981). His 1996 … Continue reading
Mike Tyson Bankruptcy in 2003
It has been estimated that Mike Tyson, former boxing Heavyweight Champion of the World, has, in the past 20 years, made around $400 million. But every penny of this fortune has been spent. The jewellers in Las Vegas realised that … Continue reading
Bros
With ten Top Ten singles, surpassing even the achievements of the Beatles, Bros were the archetypal modern-day boy band. Their fan club at one time had 30,000 members, making it the biggest of its kind in the country. Despite selling … Continue reading
Anna Nicole Smith
Despite an annual income of around $275,000, the former Playboy model Anna Nicole Smith filed for bankruptcy in 1996. She had fought a fierce legal battle following the death of her billionaire husband in 1995, and court files revealed that … Continue reading