18 Celebrities Who Lost Everything and Bounced Back
Some celebrities have experienced devastating financial ruin, but managed to engineer remarkable comebacks.
"He didn't have $1 million—he probably didn't have $30,000,"
Willie Nelson's daughter once said during his darkest financial hour. Other celebrities, such as MC Hammer and Mike Tyson, also faced financial difficulties.
- MC Hammer built a 40,000-square-foot mansion with gold gates and maintained a 200-person entourage that cost $500,000 per month, before filing for bankruptcy in 1996 with $13 million in debt.
- Mike Tyson spent between $300-$400 million on lavish mansions and even pet tigers, before filing for bankruptcy in 2003.
Both Hammer and Tyson made successful comebacks, with Hammer becoming a minister, motivational speaker, and tech consultant, and Tyson appearing in The Hangover films, his one-man stage show, and ventures in the cannabis industry.
Author's summary: Celebrities like Willie Nelson, MC Hammer, and Mike Tyson bounced back from financial ruin.
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