Actress Kim Basinger, known for her roles in “Batman” (1989) and “LA Confidential” (1997) was living so high that she once purchased a 1,691-acre town she ultimately had to sell when she filed for bankruptcy.
In 1989, Basinger paid $20 million for the town of Braselton, Georgia. Basinger wanted to create a tourist attraction such as a theme park or movie studio, Business Insider reported. But by 1993 she had declared bankruptcy and had to sell the town.
She was also facing a lawsuit from “Boxing Helena” producer Carl Mazzocone for backing out of an oral contract to star in the film. Basinger was ordered by the Los Angeles Superior Court to pay damages and legal fees. The actress decided to settle in 1995 and avoided the court’s initial $8.1 million judgment.
