When we talk about celebrities, we instantly assume that they possess riches that we can only dream of. Most of them have gotten not only famous but also rich after making a name for themselves in the field that they are working in. However, the truth is that some celebs do not stay that way forever. In fact, they might have made terrible financial decisions or spent all their money on the silliest things. You are going to be shocked to hear that your favorite stars can’t afford a life of luxury anymore!
These Celebrities Can No Longer Live Extravagant Lives After Running Into Financial Problems
Nicolas Cage
Do you remember that period when it felt like Nicolas Cage was starring in all the new movies? Even so, the National Treasure star ended up using his fortune to buy a Gulfstream jet, a private island, and exotic animals. His needless spending has landed him in hot water. He once owed the IRS $14 million in back taxes. On top of that, his ex-wife served him a $13 million lawsuit in 2009. It did not help that a real estate company also sued him for his failure to pay back his loans in the same year.
Nicolas Cage
