Top 10 Celebrities Who Went Broke

Nicolas Cage was born Nicolas Kim Coppola in Long Beach, California, the son of comparative literature professor August Coppola (whose brother is director Francis Ford Coppola) and dancer/choreographer Joy Vogelsang. He is of Italian (father) and Polish and German (mother) descent. Cage changed his name early in his career to make his own reputation, succeeding brilliantly with a host of classic, quirky roles by the late 1980s.

Initially studying theatre at Beverly Hills High School (though he dropped out at seventeen), he secured a bit part in Fast Times at Ridgemont High (1982) - most of which was cut, dashing his hopes and leading to a job selling popcorn at the Fairfax Theater, thinking that would be the only route to a movie career, but a job reading lines with actors auditioning for uncle Francis's Rumble Fish (1983) landed him a role in that film, followed by the romantic lead in Valley Girl (1983), which was released first and truly launched his career.

His one-time passion for method acting reached a personal limit when he smashed a street-vendor's remote-control car to achieve the sense of rage needed for his gangster character in The Cotton Club (1984).

In his early 20s, he dated Jenny Wright for two years and later linked to Uma Thurman. After a relationship of several years with Christina Fulton, a model, they split amicably and share custody of a son, Weston Cage (b. 1990). He also has a son with his ex-wife, Alice Kim Cage.

Wesley Trent Snipes was born in Orlando, Florida, to Marian (Long), a teacher's assistant, and SMSGT Wesley Rudolph Snipes, an aircraft engineer. He grew up on the streets of the South Bronx in New York City, where he very early decided that dance and the theatre were to be his career. He attended the High School for the Performing Arts (popularized in Fame (1980)). But dreams of the musical theater (and maybe a few commercials) faded when his mother moved to Orlando, Florida before he could graduate. Fortune would have it that he along with two friends and his "Drama class" teachers Mr. S Porro and K. Rugerio, would start a bus-n-truck theatre company (Struttin Street Stuff) be instrumental in his high schools (Jones High) induction into the International Thespian Society, Orlando Chapter and help lay the foundation for what would become Dr. Phillips High Schools theatre arts program. Musical theatre rooted Snipes performed song-n-dance, puppetry, and acrobatics in city parks, dinner clubs, and performing arts centers around central Florida. As a recipient of a Victor Borge Scholarship, Snipes left Orlando and entered the world-renowned professional theatre arts program at SUNY Purchase in New York, now Purchase College, where he honed his theatrical performance and martial arts skills. Graduating with a BFA, he went on to co-star in a few soap operas and nighttime dramas, peppered in between critical acclaim performances Broadway. It was there in a Broadway theater An agent saw him on stage and invited him to audition for his first feature film role.

Goldie Hawn Wildcats (1986). Athletic roles such as that gave way to dramatic roles such as that gave way to tough guy roles as in New Jack City (1991), and to the action hero in Passenger 57 (1992). Wesley feels that at least with the Hollywood heavyweights he must be doing something right - Sylvester Stallone, Robert De Niro, Dennis Hopper and Sean Connery all had veto power over casting and all approved his role. Wesley also founded Amen Ra Films Production Company, and is a Multi System Combat Arts Black Belt Holder IT Technologist & VC.

Michael Gerard Tyson (born June 30, 1966) is an American former professional boxer who competed from 1985 to 2005. Nicknamed "Iron Mike" and "Kid Dynamite" in his early career, and later known as "The Baddest Man on the Planet", Tyson is considered to be one of the greatest heavyweight boxers of all time. He reigned as the undisputed world heavyweight champion from 1987 to 1990.

Tyson won his first 19 professional fights by knockout, 12 of them in the first round. Claiming his first belt at 20 years, four months, and 22 days old, Tyson holds the record as the youngest boxer ever to win a heavyweight title. He was the first heavyweight boxer to simultaneously hold the WBA, WBC and IBF titles, as well as the only heavyweight to unify them in succession. The following year, Tyson became the lineal champion when he knocked out Michael Spinks in 91 seconds of the first round. In 1990, Tyson was knocked out by underdog Buster Douglas in one of the biggest upsets in history.

Armstrong was raised alone by his mother. Even as a child and teenager, he invested a lot of time in cycling. At the age of 13, Armstrong achieved his first victories in cycling races and other sports. In 1984 he won the youth triathlon championship. Three years later he practiced triathlon as a professional athlete. This was followed by qualification for training with the Olympic team. In 1992, Armstrong made his debut as a professional cyclist at the race in San Sebastian, Spain. Armstrong drove in the "Motorola" team from 1992 to 1996 and in the "Cofidis" team in 1997. With toughness, ambition and endurance, Lance Armstrong cycled his way to the top of the world in the 1990s. In 1996 he was considered number one on the world cycling rankings. In October 1996, Armstrong's doctors diagnosed him with testicular cancer. In addition, metastases were found in the lungs and brain. Now not only was the exceptional athlete's promising career at stake, but also his survival. It is probably thanks to Armstrong's iron will that he was able to successfully fight cancer. In order to survive and be cured, he endured the most aggressive chemotherapy.

This was successfully carried out on him. The athlete began cycling again after just five months, in May 1998. Armstrong not only emerged from this serious phase of illness healed, but also stronger. He prepared for his comeback in major professional cycling racing by taking part in smaller races. His greatest success after recovering from cancer was his first victory in the "Tour de France" on July 25, 1999. Since then, he has distinguished himself as the most successful performer and boss in the "US Postal" team. Armstrong's rounded light-footedness and his stretched position out of the saddle were characteristic of his riding style. Coming to terms with the illness was not only reflected in Armstrong's changed awareness of life and sport, but also in the founding of the "Lance Armstrong Foundation". The foundation is dedicated to supporting children with cancer. The athlete also launched the "Ride for the Roses" sponsored race. In 2000 he won bronze in the Olympic individual road time trial. In the following years, Lance Armstrong became the most successful professional cyclist of all time with another six victories in the overall ranking of the "Tour de France" in 2000, 2001, 2002, 2003, 2004 and 2005.

In 2003 he was named World Athlete of the Year. In 2004 he won the "Tour de Georgia". In 2004 he designed the Livestrong bracelet. The bracelet was part of the "Wear Yellow and live strong" campaign, which aims to support cancer patients and cancer survivors. In collaboration with Nike, approximately $70 million was raised for the Lance Armstrong Foundation (LAF). In 2009 he came third in the Tour de France. In 2010, Lance Armstrong finished the 97th Tour de France in 23rd place overall. In May 2010 he was awarded the "Laureus World Sports Award" for the second time, after 2000. In October 2012, Lance Armstrong was retroactively stripped of all his titles since August 1, 1998 and given a lifelong ban by the UCI (World Cycling Federation). He was accused of long-term, systematic doping abuse, which he confessed to in January 2013. With his first wife, Kristin Richard, he had a son and two daughters. This marriage ended in divorce in 2004. Another daughter and another son were born from his relationship with Anna Hansen in 2009 and 2010.

50 Cent (Curtis James Jackson) is an American rapper, actor, producer, and entrepreneur.

He began a musical career and in 2000 he produced Power of the Dollar for Columbia Records, but days before the planned release he was shot and the album was never released. In 2002, after Jackson released the compilation album Guess Who's Back?, he was discovered by Eminem and signed to Shady Records, under the aegis of Dr. Dre's Aftermath Entertainment and Interscope Records.

With the help of Eminem and Dr. Dre (who produced his first major-label album, Get Rich or Die Tryin'), Jackson became one of the world's best selling rappers and rose to prominence with East Coast hip hop group G-Unit (which he leads de facto). In 2003, he founded G-Unit Records, signing his G-Unit associates Young Buck, Lloyd Banks and Tony Yayo. Jackson had similar commercial and critical success with his second album, The Massacre, which was released in 2005. He released his fifth studio album, Animal Ambition, in 2014 and as of 2019 is working on his sixth studio album, Street King Immortal.

During his career Jackson has sold over 30 million albums worldwide and won several awards, including a Grammy Award, thirteen Billboard Music Awards, six World Music Awards, three American Music Awards and four BET Awards. He has pursued an acting career, appearing in the semi-autobiographical film Get Rich or Die Tryin' (2005), the Iraq War film Home of the Brave (2006) and Righteous Kill (2008).

Toni Braxton was born on 7 October 1966 in Severn, Maryland, USA. She is a music artist and producer, known for Boomerang (1992), The Oogieloves in the Big Balloon Adventure (2012) and Toni Braxton: Unbreak My Heart (2016). She has been married to Birdman since 8 August 2024. She was previously married to Keri Lewis.

Jose Canseco was born on 2 July 1964 in Havana, Cuba. He is an actor, known for Piranha Sharks (2017), Memory Motel and Nash Bridges (1996). He was previously married to Jessica Canseco and Esther Haddad.

Terrell Owens was born on 7 December 1973 in Alexander City, Alabama, USA. He is an actor and producer, known for Any Given Sunday (1999), Dysfunctional Friends (2012) and Lap Dance (2014). He has been married to Rachel Snider since 23 January 2014.

Stanley Kirk Burrell (born March 30, 1962), better known by his stage name MC Hammer (or simply Hammer), is an American hip hop recording artist, dancer, record producer and entrepreneur. He had his greatest commercial success and popularity from the late 1980s, until the early 1990s. Remembered for his rapid rise to fame, Hammer is known for hit records (such as "U Can't Touch This" and "2 Legit 2 Quit"), flashy dance movements, choreography and eponymous Hammer pants.

A multi-award winner, M.C. Hammer is considered a "forefather/pioneer" and innovator of pop rap (incorporating elements of freestyle music), and is the first hip hop artist to achieve diamond status for an album. BET ranked Hammer as the #7 "Best Dancer Of All Time". Vibe's "The Best Rapper Ever Tournament" declared him the 17th favorite of all-time during the first round.

Burrell became a preacher during the late 1990s with a Christian ministry program on TBN called M.C. Hammer and Friends. Additionally, he starred in a Saturday-morning cartoon called Hammerman in 1991 and was executive producer of his own reality show called Hammertime which aired on the A&E Network during the summer of 2009. Hammer was also a television show host and dance judge on Dance Fever in 2003, was co-creator of a dance website called DanceJam.com, and is a record label CEO while still performing concerts at music venues and assisting with other social media, ministry and outreach functions. Prior to becoming ordained, Hammer signed with Suge Knight's Death Row Records by 1995.

Throughout his career, Hammer has managed his own recording business. As a result, he has created and produced his own acts including Oaktown's 3.5.7, Special Generation, Analise, DRS, B Angie B, and Wee Wee. A part of additional record labels, he has associated, collaborated and recorded with VMF, Tupac Shakur, Teddy Riley, Felton Pilate, Tha Dogg Pound, The Whole 9, The Hines Brother (Andra Hines & Dunkin Hines), Deion Sanders, Big Daddy Kane, BeBe & CeCe Winans and Jon Gibson. In 1992, Doug E. Fresh was signed to M.C. Hammer's Bust It Records label.

Before Hammer's successful music career (with his mainstream popularity lasting approximately between 1988 and 1998) and his "rags-to-riches-to-rags-and-back saga", Burrell formed a Christian rap music group with CCM's Jon Gibson (or "J.G.") called Holy Ghost Boys. Some songs produced were called "Word" and "B-Boy Chill". "The Wall", featuring Burrell[citation needed] (it was originally within the lyrics of this song he first identified himself as K.B. and then eventually M.C. Hammer once it was produced), was later released on Gibson's album Change of Heart (1988). This was Contemporary Christian music's first rap hit ever. Burrell also produced "Son of the King" at that time, releasing it on his debut album. "Son of the King" showed up on Hammer's debut album Feel My Power (1987), as well as the re-released version Let's Get It Started (1988).

With exception to later remixes of early releases, Hammer produced and recorded many rap songs that were never made public, yet are now available on the Internet. Via his record labels such as Bust It Records, Oaktown Records and FullBlast, Hammer has introduced, signed and produced new talent including Oaktown's 3.5.7, Ho Frat Hoo!, the vocal quintet Special Generation, Analise, James Greer, One Cause One Effect, B Angie B, The Stooge Playaz, Dasit (as seen on ego trip's The (White) Rapper Show), Teabag, Common Unity, Geeman and Pleasure Ellis; both collaborating with him and producing music of their own during his career.

At about the age of 12, Oakland native Keyshia Cole recorded with Hammer and sought career advice from him. In the mid-1980s while rapping in small venues and after a record deal went sour, Hammer borrowed US$20,000 each from former Oakland A's players Mike Davis and Dwayne Murphy to start a record label business called Bust It Productions. He kept the company going by selling records from his basement and car. Bust It spawned Bustin' Records, the independent label of which Hammer was CEO. Together, the companies had more than 100 employees. Recording singles and selling them out of the trunk of his car, he marketed himself relentlessly. Coupled with his dance abilities, Hammer's style was unique at the time.

In addition to appearing in many television commercials, M.C. Hammer produced and starred in his own movie, Please Hammer, Don't Hurt 'Em: The Movie (1990). The film is about a rapper returning to his hometown who defeats a drug lord using kids to traffic his product. For this project, Hammer earned a Grammy Award for Best Long Form Music Video at the 33rd Grammy Awards (having been nominated for two). He later produced MC Hammer: 2 Legit (The Videos), which included many actors and athletes.

In 1991, Hammer hosted, sang/rapped and voiced a Saturday morning cartoon called Hammerman. That same year, he and Bust It Productions (including B Angie B, Special Generation and Ho Frat Hoo!) appeared in concert from New Orleans on BET.

Hammer has made cameos and/or performed on many television shows such as Saturday Night Live (as host and musical guest), Amen and Martin. He also made a cameo in the 1993 Arnold Schwarzenegger film Last Action Hero. Hammer would also go on to appear as himself on The History of Rock 'N' Roll, Vol. 5 (1995). Additionally, he has been involved in movies as an actor such as, One Tough Bastard (1996), Reggie's Prayer (1996), the Showtime film The Right Connections (1997), Deadly Rhapsody (2001), Finishing the Game (2007) and 1040 (2010), as well as a television and movie producer.

Despite public attacks about his financial status, after meeting at the National Association of Broadcasters convention in Las Vegas, Nevada in April 2001, it was Hammer (credited as a producer) who provided the much needed funding to filmmaker Justin Lin for Better Luck Tomorrow (2002). In its first ever film acquisition, MTV Films eventually acquired Better Luck Tomorrow after it debuted at The Sundance Film Festival. The director said, "Out of desperation, I called up MC Hammer because he had read the script and liked it. Two hours later, he wired the money we needed into a bank account and saved us."

Hammer appeared in two cable television movies. At the age of 39, he was one of the producers for the VH1 movie Too Legit: The M.C. Hammer Story, starring Romany Malco and Tangi Miller as his wife, which aired on December 19, 2001. The film is a biopic which chronicles the rise and fall of the artist. "2 Legit To Quit: The Life Story of M.C. Hammer" became the second highest-rated original movie in the history of VH1 and broadcast simultaneously on BET. "The whole script came from me," says Hammer, "I sat down with a writer and gave him all the information."

Without a doubt Gary Coleman was THE child TV star of the late 1970s and early 1980s. A refreshingly confident little tyke with sparkling dark, saucer-like eyes and an ingratiating, take-on-anyone burst of personality, the boy charmed the pants right off of TV viewers the minute he was glimpsed in national commercials. Amazed by how mature he came across, Gary was in truth older than he looked, which was brought upon by a congenital kidney condition. Sadly, the pint-sized phenomena outgrew his chubby-cheeked welcome and found the course of his grown-up Hollywood career brutally rough and patchy. The fragile condition of his health coupled with this lack of adult career acceptance, sparked an aggressively defensive behavior mechanism in his adult years and led to great personal unhappiness, chronic legal/financial hassles and early death.

He was born Gary Wayne Coleman on February 8, 1968, to a homeless woman, and was adopted by a fork-lift operator and his nurse practitioner wife from a Chicago hospital when he was just a few days old. Raised in Zion, Illinois, it was discovered that little Gary had severe health issues before the age of 2. Born with one atrophied kidney and an endangering weak second one, he had two kidney transplants by the time he reached age 16 and the effects of his dialysis medication permanently stunted his growth (to 4'8").

A highly precocious comedy cut-up on-camera, Gary proved a natural in local Chicago commercials. As his commercials spread nationwide, audiences began wondering just who this diminutive dynamo was. Norman Lear's talent scout spotted him in a Chicago bank commercial (he was 9 at the time) and decided to reveal to the world who the little guy was. Brought in to brighten up such Lear sitcoms as "The Jeffersons" and "Good Times" (the latter as a friend of little Janet Jackson's character), NBC quickly recognized the boy's comedy prowess and handed the 10-year-old his own prime-time sitcom playground to mug in.

While Diff'rent Strokes (1978)'s underlying approach was to preach racial and social tolerance (it revolved around two lower-class African-American brothers from Harlem who are taken in and adopted by a wealthy, debonair Park Avenue white man after their housekeeper mother dies), the show's powers-that-be smartly deduced that it was the wisecracking gifts of young Coleman, who played the youngest brother, Arnold Jackson, that gave the show its spark. Deemed "NBC's Littlest Big Man," Gary's sly, pouting-lipped delivery of, "What'chu talkin' about, Willis?" soon became a popular American catchphrase.

Legendary comics such as Bob Hope and Lucille Ball absolutely gushed about the little boy's comedy genius and Gary soon became a hit on the talk show circuit, trading clever banter with the likes of Johnny Carson among others. The boy was also outfitted with a series of lightweight TV-movie showcases which included The Kid from Left Field (1979), Scout's Honor (1980), The Kid with the Broken Halo (1982), The Kid with the 200 I.Q. (1983), The Fantastic World of D.C. Collins (1984) and Playing with Fire (1985). All of them wisely centered around Gary's adorable persona. Modest film comedies also came his way with On the Right Track (1981) and Jimmy the Kid (1982). Topping it all off, the Hanna-Barbera-produced series The Gary Coleman Show (1982) produced an animated version of the child star. Little Gary would make close to $18 million during his nearly decade-long TV reign.

Like many others in his shoes, however, the aging Coleman felt trapped and pigeonholed by his stifling juvenile image and begged to get out from under it. The 18-year-old was truly thankful when the series ended in 1986. Coleman found, however, that a very fickle public was not as receptive to seeing him grow up. Like fellow TV star Emmanuel Lewis, Coleman began aging in appearance but remained trapped in the body of a young boy and the contrast proved too strange for audiences. As a result, Hollywood had little resources as to what to do with Gary Coleman the man. It wasn't long before Coleman was reduced to making weird guest appearances and small parts in even smaller films.

This crash course in reality triggered an increasingly erratic and aggressive behavior in Gary Coleman as he became increasingly angry and bitter about his lack of work when he was so used to be on top of everything. The subsequent tragedies suffered by all three young stars from the "Diff'rent Strokes" show, in fact, was sold out as a jinx package known as the "Diff'rent Strokes curse". While distaff co-star Dana Plato fell heavily into drug addiction, petty crime and pornography before taking her own life in 1999, Todd Bridges, who played Coleman's older brother, battled major cocaine abuse and was later charged (but acquitted of) attempted murder in the late 1980s.

In addition to his life-long health issues, Gary's adult problems came in the form of scattered financial and legal entanglements, as well as scrapes with the law. He was once arrested in 1999 for punching a persistent female autograph fan, in which he was fined and ordered to take anger-management classes. This became tabloid fodder for late night comics who joked that he must have landed "several good uppercuts." He also had many disorderly conduct and reckless driving charges brought up against him at various times. He would admit that the tally of his life problems led to more than a few feigned suicide attempts. In 1989, Coleman successfully sued his adopted parents and business manager after they allegedly pilfered his youthful fortune for their own self interest totaling $3.8 million in losses, and he won $1,280,000. Despite the large settlement, all of the money was soon spent on taxes, legal fees, as well as his increasingly high medical bills for his continuing dialysis treatments. As a result by 1999 (with no steady acting work) Coleman had to declare bankruptcy, finding work outside the Hollywood industry as a security guard. For self-preservation, he went the reality-show route and became the object of self-mocking cameos to help bring in some cash. As a gag, he ran for California's 2003 governorship during its recall election.

In 2007, he married the much younger actress Shannon Price, whom he met on the set of the low budget film Church Ball (2006), but the quickly marriage dissolved quickly into domestic squabbles that put him in front of the court system yet again on domestic abuse charges. He later moved and settled in Utah.

In early 2009, Coleman managed to star in his very last film, the crude independent comedy Midgets vs. Mascots (2009) filmed in Dallas, Texas before the end came. Following heart surgery complicated by pneumonia in the fall of 2009, he suffered a heart seizure in February 2010 while performing on a Hollywood set. The 42-year-old actor died of a brain hemorrhage on May 28, 2010, after suffering an epidural haematoma from a fall at home. A sad end to a very bright and talented, but very troubled and bitter, child star who, at his peak, brought such joy to TV audiences.