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

by Barbara

Lisa Marie Presley

One would assume that the only child of musical icon Elvis Presley, Lisa Marie Presley, would be all set financially for the rest of her life, and at one point this certainly was true. However, in February 2018, according to her divorce documents, she was stuck in a massive debt of $16.7 million.

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The debt, apparently, was the result of unpaid credit card payments and a defaulted mortgage. The daughter of music royalty ended up getting into a messy legal feud with her financial manager. She claimed that it was his fault she fell into the financial situation she was currently in, due to his negligence and mismanagement of her fortune. She is now suing him for a whopping $100 million.

Tyga

Rapper Tyga – aka the famous ex-boyfriend of Kylie Jenner – has landed himself in a bit of trouble, both legally and financially over the last few years. In 2012, he found himself in the middle of a lawsuit after three woman who had appeared in a music video of his sued him after failing to edit out a part where they were seen undressed – even though he had promised.

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The next year, Tyga owed $185,000 to a LA jeweler for an unpaid watch and borrowed – but never given back – watch. From 2015 to 2016, Tyga got into even deeper trouble, after he failed to pay rent to various landlords and even caused damage to their property. By 2016, Tyga’s Bentley, Ferrari, Lamborghini, and Maybach were all repossessed.

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