You might think that shopping addictions just are not a problem for the rich and famous. You’ll think twice when you see the spending habits of these famous people. Here are 17 celebrities you didn’t know had spending problems.
She and her character on “Sex and the City” have something in common — a love of shoes! The actress has said that a good amount of her saved money goes to Manolo Blahnik shoes. With all the promotion the star did for the “Sex and the City” label, how are they not just giving her free shoes by now?!
Beckham is a fashion icon so she has an image to keep up and that image is expensive! The singer-turned-designer reportedly spent $16 million in just her first year of marriage to David Beckham. She has self-reported spending about $150,000 on average per year on clothing. And that’s just on herself. Her kids are donning designer clothes, too!
There isn’t much to do in rehab besides, oh, you know, heal. A bored Lohan reportedly spent $5,000 a day on online shopping while in rehab in Malibu. A fellow patient outed the star for her problem. The same patient also reported that Lohan’s constant influx of shopping packages annoyed the other patients.
How does Madonna stay in such incredible shape at her age? By spending an enormous chunk of money on Pilates sessions. The mega star also loves to patronize art galleries, and has an affinity for shoes, clothes and accessories. But let’s be honest. Madonna probably has more money than she’ll ever know what to do with.
The best-selling sports author has a love for the finer things. Bissinger spent $638,412 on designer clothing in just three years. Part of that money went to the purchase of 81 leather jackets.
Since the pop star tends to wear stage clothing made out of bubble wrap or raw meat, he spending habits on clothes couldn’t possibly get odder. But the star reportedly spent $60,000 on koi carp for her fish tank.
In case Bieber hasn’t noticed yet, he doesn’t have to do much to get a girl. But apparently he didn’t realize that when he rented out the entire Staples Center in Los Angeles for a date with Selena Gomez.
The employees of one North Carolina strip club made almost an entire year’s salary one night when Drake walked in and dropped around $50,000 in bills on the stage.
These two are addicted to spending money on keeping up a certain image (we all know you’re not real celebrities already…give it up!) They moved into a $35,000-a-month house in Malibu, shortly before Montag spent $3 million on a music career that never took off.
At the height of Mike Tyson’s career, part of his monthly expenditures involved $45,000 a month feeding his white Bengal tigers. He also bought a $2-million bathtub for his wife, and has spent an estimated $4.5 million on cars. Then again, when you’re a former undisputed heavyweight champion of the world, you have to get your kicks somewhere.
Between 2000 and 2007, when Cage was making some serious Hollywood money, he was also makin’ it rain a little too much. Apparently stocking up on a cache of 15 private homes (including two castles in Europe), a private island in the Bahamas, a $30 million jet, and countless sports cars led to Cage blowing through $100 million, and owing the IRS $13 million this year.
She had some big hits in the ’90s, but Miss Braxton hasn’t had such a presence on the charts enough to spend big bucks. In 2010, Toni filed for bankruptcy for the second time in her life. Besides being chased by the IRS for unpaid taxes, she is said to owe companies like Tiffany’s, The Four Seasons, and AT&T approximately $50 million.
Source: U.S. News
She’s been photographing famous people for years, and very well be the highest-paid person with a camera today. However, after her partner, author Susan Sontag died in 2004, Leibovitz borrowed $15 million, putting the rights to her photographs and houses up for collateral. Renovating her houses, trips all over the world, and a book deal on the hook were said to be what led to the $24 million in-the-hole situation Annie encountered.
Source: U.S. News
From Buddy Holly to complete whacko, the Oscar nominee’s manager has cited poor decision making over the years as the reason for Busey’s debts to the UCLA Medical Center, IRS, and more. In 2012, Gary filed for Chapter 7 bankruptcy, having merely $50,000 in his bank account.
Source: Business Time
Haitian musician and politician Jean has had some shady dealings along the way. Besides owing a few years’ worth of tax returns (you know, just a few million dollars), it was reported that Wyclef dipped into his Haiti earthquake relief fund to pay for over $400,000 of rent, production services, and other side-eyeing fees.
Source: Daily Finance
She made a career resurgence in 1997 by winning an Oscar for her role in “L.A. Confidential,” but did you know that the 1980s superstar once owned the entire town of Braselton, Georgia, for the song of $20 million? Well, she had to sell that when an $8 million lawsuit forced her into bankruptcy in 1993.
Source: Madame Noire
More like: “Don’t touch that!” A 17-car garage and $30 million mansion led to Hammer Time filing for bankruptcy early on in his career. After “Can’t Touch This” sent him to the top of the charts, he was a $33 millionaire in 1991; by 1994, he was $14 million in the hole.
Source: Madame Noire