Let's face it, everyone battles with money management, whether they are professional actors and actresses or regular people.
even famous people! This list identifies the formerly wealthy celebrities who lost their wealth or merely made the decision to quit the entertainment business in quest of more privacy.
Unbelievably, some were forced to go back to their normal jobs in order to survive. Fascinated? Keep reading for all the juicy information. Here are 20 famous individuals who aren't as wealthy as most people think.
1. Nicolas Cage – Net Worth: $25 million
Nicholas Cage, a Hollywood superstar with a remarkable net worth of $150 million, was once a well-known name in the motion picture business. But what specifically occurred? It's remarkable how quickly a substantial fortune can be depleted when mismanaged; his extravagant and lavish spending resulted in him accruing enormous debts and having tax problems.
His extravagant purchases include an abandoned island in the Bahamas, a pet octopus, a tomb, shrunken pygmy heads, and an old dinosaur skull that is 70 million years old. He undoubtedly has no regrets because he believes that having fulfilling experiences in life is more important than having money!
2. Brittany Ashton Holmes
Brittany Ashton Holmes enjoyed tremendous success as an actress, perhaps best known for her part in the 1994 film The Little Rascals. She ultimately decided, though, that studying political science would be more satisfying than continuing to practice acting. Even as an adult, she started working at Starbucks, proving to us all that not everyone is made out for the entertainment industry.
3. Macaulay Culkin – Net Worth: $16 million
With his iconic performance in the early 1990s film Home Alone, Macaulay Culkin shot to stardom and has since established himself as a mainstay of Hollywood's young actors. From making millions, he is now said to have a meagre $16 million in net worth. For a variety of causes, including failed investments and legal disputes with past business partners, his net worth has significantly decreased.
4. Mike Tyson – Net Worth: $3 million
Former heavyweight boxing king Mike Tyson filed for bankruptcy in 2003, owing more than $27 million. Nevertheless, he has managed to increase his net worth once again to an amazing $3 million through a variety of investments and endorsement contracts.
Mike is a podcast host who also travels the globe giving speeches. Additionally, he runs his own cannabis business and even penned the best-selling autobiography Undisputed Truth.
5. Pamela Anderson – Net Worth: $5 million
Pamela Anderson rose to fame as one of Baywatch’s iconic lifeguards in the nineties and is now reportedly worth around $5 million Her career got off to a great start with hit after hit, but sadly, her net worth has dropped over the years due to a number of problems including unsuccessful ventures, numerous divorces, and unpaid taxes. Pamela still makes enough money from endorsement deals and other projects to live comfortably despite her present financial situation.
6. Toni Braxton – Net Worth: $10 million
Toni Braxton is a Grammy Award-winning singer whose net worth is believed to be $10 million, despite her impressive career and discography. Two bankruptcies in 1998 and 2010 reduced her net worth due to unpaid taxes and mismanaged money.
Toni, thankfully, has turned her life around and is now concentrating on further success through music tours, reality TV shows, and a biopic about her life.
7. Johnny Depp – Net Worth $200 Million
Some may be surprised to learn that Johnny Depp, the star of the Pirates of the Caribbean film series, is practically bankrupt. Regrettably, it is accurate - his extravagant spending on artwork and multiple properties has caused him to lose the majority of his once substantial wealth. One especially egregious example of poor financial judgment was paying $40.5 million to shoot the ashes of his late friend Hunter S Thompson from a cannon!
8. Kate Moss – Net Worth: $60 Million
Kate Moss is one of the world's most renowned supermodels, with an estimated net worth of $60 million. Despite her apparent riches, it has been reported that she has not saved any money and instead relies solely on her cash earnings from modelling jobs and endorsement contracts.
Moss is said to be an avid luxury collector, having spent millions on high-end fashion products. She is also known for her extravagant spending habits and lavish lifestyle, which have contributed to her current net worth of $60 million.
9. Steven Seagal – Net Worth: $16 Million
Steven Seagal has appeared in a number of Hollywood blockbusters, including Under Siege and Hard to Kill. Despite his successful career, he is believed to be worth $16 million as a result of costly divorces and failed investments.
According to reports, Seagal made some poor investment decisions over the years and did not manage his funds as well as he could have.
10. Julia Stiles – Net Worth $12 Million
Julia Stiles rose to prominence in classic adolescent films such as 10 Things I Hate About You and Save the Last Dance. Despite her early success, she is only worth an estimated $12 million as a result of costly investments that went wrong and poor financial choices.
Julia has worked steadily over the years, but it hasn't been enough to increase her personal worth beyond $12 million. This is due to her investment in several failed companies, which has resulted in a decrease in her overall wealth.
11. Mercedes Lander – Net Worth $2 Million
Mercedes Lander is best known as the percussionist for the heavy metal band Kittie. Despite her success and celebrity in the music business, she is only worth an estimated $2 million because of her extravagant lifestyle and spending habits.
Lander enjoys splurging on luxury items like cars and designer clothing, which has significantly decreased her net worth over the years.
12. 50 Cent – Net Worth $30 Million
Curtis Jackson, best known as 50 Cent, was once the world's richest rapper, second only to Jay Z. His net worth soared to an impressive $155 million until his poor financial choices caused it all to collapse and file for bankruptcy in 2015, shocking fans around the world. Fortunately, by 2017, he had paid off all of his debt, but he has yet to achieve comparable levels of success again, with Get Rich or Die Trying remaining his most successful endeavour even today. Jackson is believed to be worth $30 million.
13. Lindsay Lohan – Net Worth $800,000
Lindsay Lohan achieved critical and commercial acclaim in films such as The Parent Trap and Mean Girls. However, her extravagant spending on luxury goods such as designer clothes, cars, and real estate led her to quickly lose the majority of her wealth. Her net worth was once believed to be around $25 million but is now only $800,000
14. Kim Basinger – Net Worth $8 Million
Kim Basinger is an Academy Award-winning actress best known for her performances in 912 Weeks and L.A. Confidential. She was once worth an impressive $40 million, but her finances took a huge hit in the 1990s when she paid $20 million for a small town in Georgia and had to declare bankruptcy when it failed to make a profit.
Though Basinger has recovered from her money problems, she is still only worth an estimated $8 million.
15. Amanda Bynes – Net Worth $5 Million
Amanda Bynes, a former Nickelodeon sensation, was once on her way to the top. Unfortunately, she became a victim of the entertainment industry and developed a substance abuse problem that spiraled out of control, as demonstrated by troubling social media posts. Fortunately, she decided to get clean and restart her life in 2014, after four years away from showbiz, by enrolling in the Fashion Institute of Design & Merchandising in Irvine, where she graduated with honours four years later! Amanda not only regained her health, but she is now leading an amazing life, despite the fact that it cost her a lot of money! Her current net worth is believed to be $5 million.
16. Jonathan Taylor Thomas – Net Worth $15 Million
Jonathan Taylor Thomas came to prominence as a child actor in Home Improvement and Wild America. Many of his fans remember him fondly, and despite taking a break from acting for several years, he has managed to keep a net worth of $15 million.
However, his fortune would have been much greater if he had chosen to attend college and pursue a career in directing instead of remaining in the entertainment business.
17. Carrie Henn – Net Worth $500,000
Carrie Henn is best remembered for her role in the 1986 film Aliens as Newt. She left performing soon after and has remained out of the spotlight ever since, causing many people to forget about her.
Henn reportedly refused to accept any of her acting earnings, instead opting for an education fund. Her net worth is therefore believed to be around $500,000.
18. Mark Wahlberg – Net Worth $255 Million
Mark Wahlberg is one of Hollywood's most famous actors, but he is not as wealthy as many people believe. While his net worth remains impressive at $255 million, it is significantly lower than the estimated $400 million that many people think he has.
19. Angus T. Jones – Net Worth $5 Million
Angus T. Jones, the American actor best known for his part as Jake Harper in Two and a Half Men, achieved enormous success as a teenager, becoming one of the highest-paid child actors at the time. However, he frequently felt uncomfortable with aspects of his role, prompting him to leave acting and join Tonite's management team - an event production business. Jones also found solace in religion and has since become a member of the Seventh-day Adventist Church.
20. Phoebe Cates – Net Worth $25 Million
Phoebe Cates appeared to be on her way to becoming an entertainment industry sensation after her captivating performance in Fast Time at Ridgemont High. She tried modelling momentarily but disliked it and only did it for the money.
In the end, she decided to concentrate on raising her family, and her final media appearance was voicing characters in the video game Lego Dimensions. She is currently the owner of the Blue Tree shop in New York City.
These celebrities may not be as rich as many people believe, but they are still extremely successful in their own right and should be commended for pursuing their goals and living life on their terms.
It is entirely up to the personal choice whether to live a luxurious lifestyle or not. The most essential thing is to keep striving and living life passionately!