Business Insider
Updated: Wed, 04 Dec 2013 16:30:00 GMT | By Dana Eisenberg, businessinsider.com
Going for broke: Stars who lost or squandered their fortunes

Hollywood stars who have lost it all.



TLC singers Rozonda Chili Thomas, Tionne T-Boz Watkins and Lisa Left Eye Lopes' financial struggles are well known (© Tim Roney/Getty Images)
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  • TLC singers Rozonda Chili Thomas, Tionne T-Boz Watkins and Lisa Left Eye Lopes' financial struggles are well known (© Tim Roney/Getty Images)
  • TLC member T-Boz is facing foreclosure of her home (© Erik S. Lesser / The Canadian Press)
  • Kim Basinger lost it all (© Diyah Pera / The Canadian Press)
  • MC Hammer went from the top of the world to the bottom of the heap (© Alexandra Buxbaum / The Canadian Press)
  • Mike Tyson makes a post-boxing comeback as an amateur comedian after going bankrupt (© Dan Krauss / The Canadian Press)
  • Wesley Snipes is now serving time in jail thanks to his money woes, namely, refusing to pay his taxes (© Peter Kramer / The Canadian Press)
  • Kevin Bacon and Kyra Sedgwick lost untold riches in a ponzi scheme (© Matt Sayles/ The Canadian Press)
  • Nicolas Cage lost it all and blamed it on his manager's shady dealings (© Gregorio Binuya/Everett Collection)
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The only thing more fleeting than fame? The money that often comes with it. Many celebrities have found themselves financially way in over their heads.

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