6 Famous People Who Lost All Their Money And Went Broke

These celebrities went from richest to rags! Subscribe to TheRichest for more amazing videos! ► http://bit.ly/Subscribe-to-Richest ◄

Even if someone is rich and famous right now, that doesn't mean that they'll be rich and famous forever. The popularity of a person comes and goes, and it's not a rare occurrence for celebrities to slip into obscurity. Even if they're still as famous as ever, that doesn't mean that they're as rich as you assume them to be. The problem with money is that the more you have of it, the more you have to spend. Some celebrities get so caught up in buying luxuries that they accidentally blow through hundreds of millions of dollars. When this happens, they declare bankruptcy. That's what happened to Mike Tyson and 50 Cent, who both confused the entire world when they declared that they were broke. Other celebrities, like Johnny Depp, Michael Jackson, and Lindsay Lohan, never got to the point of bankruptcy, but were cash poor for years. But you'll have to keep watching until the very end to see how Kanye West claims he put himself into debt.

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