Wayne Newton

By 1963, Newton signed with Capitol Records, and his first album was released on record companies. His hit single “Danke Schoen” ranked number one. The top 100 ranked 13th. He rose to prominence as one of the best-known entertainers in Las Vegas. The 78-year-old star is known for a lot of names, from The Midnight Idol to Mr. Las Vegas to Mr. Entertainment, credits to his invaluable talent. But despite his success, the singer still ended up broke.

With his name and achievements, it is easy to assume he has a huge net worth. But, it’s not the case for Newton. According to reports, he has been financially struggling since time immemorial. In 1992, he declared himself bankrupt and was also in $20 million debt. The IRS also filed a lawsuit against Newton for his unpaid taxes worth $2 million. To get through this, he needs the help of his lawyers, although paying for it will be another problem for him.