Nicolas Cage, Pamela Anderson and other celebrities who went bankrupt after being the highest paid in Hollywood

It is well known that money is not everything in life, but for some celebrities, it was, since they ended up with the last penny they had, in order to acquire even the unattainable.

Well they say ‘that money’ isn’t everything, but for celebrities like, Pamela Anderson, Nicolas Cage or Stephen Baldwin Yes it was. Without a doubt, these millionaires were among the most prominent in the world of Hollywood, perhaps the best actors, but not the best administrators.

Even not long ago Nic played the movie The Unbearable Weight of Massive Talent, In it, he explains part of how his mismanagement of money led him to bankruptcy.

Seeing himself desperate, he decides to attend a fan’s party.. It is there where without meaning to, he will embody his most seen characters in the cinema. But the point is, like Cage, there are other ‘stars’ who went through this same situation.

Today we list some and we also tell you how much they had and how much they ended up in debt with.

Pamela Anderson

The actress Mostly known for her performance as a ‘lifeguard’ on the series ‘Baywatch’, she got into trouble with the Internal Revenue Service.as well as with the state of California.
The above for not complying with its tax obligations up to the amount of 370 thousand dollarsthis in the year 2011. But two years ago he already owed the amount of 1.7 million.

Kim Basinger

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Mainly remembered for her appearances in ‘Bataman’Kim Basinger literally declared ‘bankruptcy’ in 1993when lost an 8.1 million lawsuit against Main Line Picturesafter his retirement from ‘Boxin Helena’.
To get out of your debt was forced to sell a town that it had bought for the amount of 20 million right in 1989, with the aim of turning it into a tourist attraction.

don johnson

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The ‘star’ Johnson is remembered for his role in the police series ‘Miami Vice’. Also declared bankruptcy. This in order to avoid auctioning off his beautiful ranch in Colorado, according to the AARP portal.
don johnson owed a bank the amount of 930 million dollars.

brendan fraser

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Lead Rick O’Connel in ‘The Mummy’ He had a fortune of at least 45 million dollarsafter this movie was released. Unfortunately he also ended up penniless.
According to TMZ, Around 2013, Fraser earned $205,704 a month, but had $112,803 in debt. Therefore, he saw the need to seek to reduce the pension of his former partner.

Nicolas Cage

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Nic reached a fortune of 40 million dollars in 2009which made him one of the highest paid actors in Hollywood, according to Forbes magazine.
But, To his bad luck, he had problems with his financial adviser., so he clashed with the Internal Revenue Servicewho awarded him several properties, practically 6.2 million dollars were seized.
The famous filed a lawsuit against the administrator of his assets and accused him of fraud, but in a counterclaim it reported that Cage had squandered at least $33 millionluckily they ended up being fixed and it did not happen to majors.

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Nicolas Cage, Pamela Anderson and other celebrities who went bankrupt after being the highest paid in Hollywood