Sinbad

Sinbad used to have it all – fame, success, money, and influence. His real name is David Adkins; he is a stand-up comedian and actor, whose role on the hit sitcom A Different World made him a mainstream star. He also rose to prominence when he became part of several HBO specials in the 1990s. He is also known for his musical ability and is good at playing various instruments. Drums and percussion instruments are the most important. He has played with many artists and musicians under the name “Memphis Reid”.

This gave the 63-year-old star more chances to be financially successful back then. However, things didn’t quite work out right for Sinbad. He had filed for bankruptcy several times. He often used his business expenses as the reason for his being bankrupt. Sinbad might have lost all the investment money he had, time and over again. In 2013, there were reports he had $11 million debt. Sadly, he had nothing to pay for it as he could only make $16,000 a month during that time.