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13 Lessons From Entertainers And Moguls Who Went From Millions To Broke

13 Lessons From Entertainers And Moguls Who Went From Millions To Broke

Lil Kim: Debts can snowball

Hip-hop’s Queen Bee, Lil Kim, got stung financially despite rapping about her “Benjamins” during her prime in the late 1990s. Lil Kim filed for Chapter 13 bankruptcy in 2018 and has racked up more than $4 million in debt, The New York Daily News reported.

The platinum-selling hip-hop artist had a net worth of $18 million in 2017 and filed for Chapter 13 just three days before a bank foreclosed on her $3.1-million mansion.