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

by Barbara

Katie Price

Former model Katie Price is having a terrible time of it when it comes to her finances. She’s been having money trouble for quite a while now, and nothing she does seems to make her situation any better.

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The glamour model now faces going bankrupt by the end of 2019, especially as she doesn’t seem to have stopped living a life of luxury. She continues to dress extravagantly and live in a mansion, despite the fact she’s meant to be paying back creditors £12,000 ($15,100) a month.

Leif Garrett

When he was young, Leif Garrett was famous for both acting and singing. Unfortunately, once his initial bout of success was over, things quickly went downhill. Garrett began abusing illegal substances at just 14 years old, and his addiction troubles plagued him for decades.

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He was arrested multiple times for possession, and he even permanently injured his friend after causing a car accident. Perhaps unsurprisingly, these troubles soon led to financial difficulties, with Leif declaring bankruptcy in 2001. He’d run up a debt of over $76,000 in unpaid bills.

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