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 and maintained a 200-person entourage, but filed for bankruptcy in 1996 with $13 million in debt.
- Mike Tyson spent between $300-$400 million on lavish mansions and pet tigers, and filed for bankruptcy in 2003.
However, both Hammer and Tyson were able to reinvent themselves and achieve success again. Hammer became a minister, motivational speaker, and tech consultant, while Tyson made a comeback through films, his one-man stage show, and ventures in the cannabis industry.
Author's summary: Celebrities like Willie Nelson and MC Hammer bounced back from financial ruin.