Celebrities who lost their money and can no longer afford their extravagant lifestyles

by Barbara

Wayne Newton

It’s hard to imagine how you can be Las Vegas’ most famous entertainer and still be broke. But unfortunately for Wayne Newton, this is his reality.

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“Mr Las Vegas”, as he is also known, has worked in the entertainment capital for decades but has been struggling financially for almost just as long. Already back in 1992 he filed for bankruptcy due to an astounding $20 million in debt. Some years later he got sued by the IRS for almost $2 million in unpaid taxes.

Larry King

Successful American TV-show hosts are known to make the big bucks, and usually they are more financially responsible than the celebrities they interview. But there are exceptions to every rule.

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Larry King is such a successful TV-show host he even won an Emmy for his work, and is undoubtedly an icon. But he hasn’t always been financially lucky during his career and was even forced to file for bankruptcy in 1978. He is however an icon for a reason and has been able to bounce back.

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