STARS WHO HAVE STRUGGLED WITH MONEY

Aside from being famous for their works and beauty, celebrities are also renowned for their social status, lavish lifestyle, and not to mention, huge net worth. But not everyone can maintain these things. Sure, we think of celebrities for being too wealthy— someone who can buy anything and everything they want with just a swipe of their credit cards. While their shine starts to fade, the projects are slowly decreasing, and the fame is gradually slipping, what will happen to these stars? Some lucky – or wise – celebrities put their hard-earned money to good use.

They started investing in different things, like businesses, so when the time comes that they have to bid their goodbyes to the entertainment scene, they will be financially ready. However, not all have this thinking. Sadly, some celebrities used to have everything but now living with nothing. From Lindsay Lohan, who used to dominate the big screen when she was young, to Johnny Depp, who had it all but controversies took everything from him— meet the stars whose life started to change because of their wrong financial decisions.

Nicolas Cage

Nicolas Cage used to conquer the big screen. He used to drop movie after movie, making him America’s National Treasure. But those days are now gone. He reportedly has a regular habit of overspending, mainly on some strange things, like exotic animals. The 56-year-old star also has a Gulfstream jet and own private island. But, this spending took its toll on his savings.

There are also reports that Cage owed IRS $14 million of back taxes. If this is not enough, he also has several financial issues. In 2019, he had a lawsuit worth $13 million. A real estate company also sued him for failing to pay millions of loans in the same year. By the looks of it, Cage has a lot of debts he has to pay; that’s why he has to do every movie that he can.