Sonja Morgan

Sonja Morgan is known for so many things. Aside from being a TV personality, the 56-year-old star is also a socialite, philanthropist, and businesswoman. She is most notable for her stint on the reality TV series The Real Housewives of New York City. Many will believe Morgan is one of the wealthiest stars, but she found herself in deep debt.

Morgan had $19.8 million of debt but was only left with $13.5 million of assets. This forced the film producer to file for bankruptcy. So, what was the cause of Morgan’s debt? According to her, it had something to do with a bad investment. It all went down with the failed movie venture she had with John Travolta. She also faced a $7-million lawsuit and parted ways with her husband, which made her lose more of her money.

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