Celebrities Who Got Rich and Then Lost It All

MC Hammer

MC Hammer netted $30 million from his hit single "U Can't Touch This." This explosion of wealth encouraged Hammer to purchase a $1 million mansion and hired 200 servants to take care of him. He got caught up in several expensive lawsuits, and he was forced to declare bankruptcy in 1996 when it was found that he owed the government $13 million. He made his money back by investing in Silicon Valley tech startups, which he revealed on The Oprah Winfrey Show in 2011.  

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The More You Know

  • Shakira was banned from her school’s choir, and her classmates said she sounded like a goat.
  • In 1978, Tim Allen was arrested for possession of 1.4 pounds of cocaine and was sentenced to three to seven years in jail. He was let out on parole after two years and four months.
  • 35 minutes before Elvis Presley was born, his mother gave birth to his stillborn identical twin.
  • At age 15, Cristiano Ronaldo was diagnosed with a heart condition that required surgery, he was briefly sidelined and made a full recovery.
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