Celebrities Who Got Rich and Then Lost It All

Isaac Hayes

In 1976, Isaac Hayes, one of the most important artists of the '70s, filed for bankruptcy. He claimed that he owed nearly $6 million in taxes, and he was unable to pay them back. Hayes blamed his record label for mismanaging his finances, and he also lost a ton of money through personal lending schemes. Hayes found his way through the hardship though. He made more music, opened two restaurants, and wrote a best-selling cookbook before he died in 2008. 

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The More You Know

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