40 Celebrities Who Went Broke

Nov 13, 2014 at 4:25 pm |

It seems impossible but these millionaires managed to spend everything – and more!

We tend to have the perception that all celebrities live like kings and queens, without a care in the world. In reality though, many celebs face financial hardships like the rest of us. From poor money management to other financial woes, some celebs, despite their fame and previous fortunes, wind up broke.

Nicolas Cage 'Joe' Premiere - The 39th Deauville Film Festival

Credit: Francois Durand/Getty Images

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Fame is fickle, so best budget yourself before it’s too late. These celebs ran out on their luck and money…

Click below to see which celebs bit off more than they could chew