Rich Celebrities Who Went Broke

    Paparazzi, endorsement deals, luxury vacations, and a glamorous lifestyle are a few perks of being a celebrity. However, stars who don’t stay in the spotlight for so long and don’t look for other ways or investments to maintain their wealth may go back to living an average life.

    In this article, we catch up with the lives of some of our favorite celebrities who are no longer spending the paper as they used to. From Hollywood celebs to musicians and sports stars, there’s plenty to catch up on….grab your popcorn!


    Josh Saviano

    Josh is a former child actor. He was famous for his role as Paul Pfeiffer in ABC’s The Wonder Years and stared in a couple more movies and plays like The Wrong Guys in 1988. The year 2000 marked a transition for him as he bagged his Juris Doctor degree. Saviano is now a 45-year-old American lawyer married to his spouse Jennifer Saviano, and they have one daughter together.

    Taran Noah Smith

    There’s so much to catch up on with Smith. Between suing his parents for using his trust fund to buy a mansion, marrying a woman 16 years older than him at the age of 17, and starting an organic food and cheese manufacturer called Playfood with her, you can’t miss the excitement. He was also a child actor famous for his role in the sitcom Home Improvement, where he played Mark Taylor. Since he quit being an actor at the age of 16, Smith has been busy volunteering and contributing to the community.

    Charlie Korsmo

    Charles Randolph Korsmo is most recognized for his roles as the Kid in the Dick Tracy film adaptation and Jack Banning in the 90’s blockbuster Hook, where he stared next to Robin Williams. However, Charlie wasn’t satisfied with his Hollywood career because his interests were in physics rather than acting, and he hasn’t appeared in any film since 1999. The dazzling celebrity studied science at MIT and graduated with a bachelor’s degree. Charlie worked as a lawyer for a few years after graduation before becoming a law professor at Western Reserve University School of Law in Cleveland, Ohio.


    M.C Hammer

    MC Hammer’s birth name is Stanley Kirk Burrell. He is an American rapper, dancer, and record producer. He had his most significant financial break from the late 1980s until the early 1990s. Although he accumulated $13 million in debt and filed for bankruptcy, he now officiates weddings, produces iPad apps, and lectures at Ivy League universities on new media.

    Jessica Sierra

    Jessica Ann Sierra is a former American singer who placed tenth in the fourth season of American Idol. On March 30, 2005, she was the third finalist to be eliminated. Sierra released her track Enough off her delayed debut album Rebound in October 2010. However, Jessica had to take a day job at Hooters since she realized that singing wasn’t making her the paper she needed.

    Gary Coleman

    Gary Wayne Coleman was an actor and comedian from the United States. In the late 1970s and early 1980s, he was one of the highest-paid child actors, ranking #1 on VH1’s “100 Greatest Kid Stars” list. Throughout his career, he garnered numerous awards, including two Young Artist Awards and four People’s Choice Awards. Coleman appears to have worked as a security guard before his death in 2010. He was arrested and tried, and he received a one-year suspended sentence and $1,665 in medical expenses.

    Amanda Bynes

    Amanda Laura Bynes, now 35 years old, is an American actress best known for her work in television and film throughout the 1990s and 2000s. She began her career as a child actress, working on the Nickelodeon sketch comedy series All That. After battling the law and substance abuse, Bynes now claims to be working in the fashion industry. Amanda was named the fifth highest-paid celebrity under 21 by Forbes in 2007, with $2.5 million in earrings. Her net worth was estimated to be $8 million at the time. Her reported net worth has dropped to $4 million since then.

    Jonathan Taylor Thomas

    In the early 1990s, this young man was an excellent star. Jonathan Taylor Thomas starred in Home Improvement’s popular television show before lending his voice to the Lion King film. Except for a few guest appearances throughout the years, he stopped acting to focus on his studies and even graduated from Harvard. His net worth hit a whopping $16 million while he was still active in the movie scenes.

    Angus T. Jones

    Angus Turner Jones is a former American actor. He is best known for his role as Jake Harper on the CBS sitcom Two and a Half Men, for which he earned two Young Artist Awards and a TV Land Award during his 10-year run on the program. After leaving Two and a Half Men, Angus’ life took a drastic turn. Jones found religion after criticizing the show and the principles it promoted. He joined the Seventh Day Adventist church. He is currently employed by Tonie, a multimedia company started by P.Diddy.

    angus t jones

    Nicholas Cage

    Nicolas Kim Coppola, better known by his stage name Nicolas Cage, is an actor and filmmaker from the United States. He has been in many blockbusters and is still the celebrity to date who keeps bagging numerous awards, including an Academy Award, a Screen Actors Guild Award, and a Golden Globe Award. From all his work, he had gathered a fortune worth around $150 million. However, Nicholas’ net worth now settles around $25 million as of 2021.

    Julia Stiles

    Julia O’Hara Stiles is an actress who was born and reared in New York City. She also started her acting career at the age of 11 with the La Mama Experimental Theater Club. She was recently featured in the 2021 movie The God Committee, where Julia played Dr. Jordan Taylor. Her net worth continues to fluctuate depending on the season. Still, as of 2017, she had a net worth of $16 million, and now she ranks at about $12-13 million even though she recently made millions from selling off one of her properties.


    In conclusion, we have to say that all hope is not lost. A celebrity always remains a celebrity since the internet never forgets, and for any fallen star who wants to jump back into the spotlight and make waves, there’s a good chance to get up and running again.

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