Celebrities Who Got Rich and Then Lost It All

Wayne Newton

Wayne Newton was huge in the '60s, but he was ultimately unable to sustain his fame. By 1992, Newton was bankrupt and $20 million in the hole. The IRS sued him in 2005 for failing to pay the $1.8 million he owed them on his home, which was eventually seized in 2010. Today, all of Newton's assets have been liquidated, and he has been unable to recover. 

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The More You Know

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