Celebrities Who Went From Riches To Rags

Elton John

After the height of his career, Elton John found himself on the brink of bankruptcy in 2002. Sir Elton had a very difficult spending problem. He collected a crazy amount of credit card debt ( about $2 million) in just a single year. John defaulted on his loans and managed to earn back all of his cash and then a lot more when the movie Rocketman hit theaters. Today, he's $100 million richer. 

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