Rock singer and actress Courtney Love is no stranger to problems with the tax authorities. Since 2012, she has given the IRS multiple payments of hundreds of thousands of dollars each. She has also paid out roughly $27 million in legal fees.
Although this is an enormous sum of money for your average Joe, Love is the late wife of Nirvana frontman Kurt Kobain, who left her with a huge fortune when he died. So, although it is never a nice feeling to have to pay out large sums of money, she is probably still way ahead of the game.
Tyga
The rapper Tyga, who may be better known as Kylie Jenner’s ex-boyfriend, has had his share of problems both legally and financially in recent years. He was sued by three women who appeared in one of his music videos in 2012. The women claimed that although he had assured them that any scenes in which they were undressed would be edited out of the video – he did not do so.
In 2013, Tyga was called out for borrowing a $185,000 watch from an L.A. jeweler, but “forgetting” to return it. In the following years, things got even worse for the rapper. He failed to pay rent on a number of properties in which he lived, some of which he even left damaged. In 2016, his collection of fancy cars which included a Bentley, Ferrari, Lamborghini, and a Maybach were all repossessed.
Janice Dickinson
Janice Dickinson is famous for being one of the world’s first supermodels, but her career and her financial situation took a turn for the worse when she became addicted to plastic surgery.
It was revealed in 2014 that Dickinson had over $1 million in debt, mostly from cosmetic procedures she had never paid for. The famous model was forced to file for bankruptcy and was left with almost nothing. Here’s hoping she manages to stay away from the scalpel for the foreseeable future.
Jon and Kate Gosselin
In dramatic fashion, the famous parents of eight from the reality TV show, Jon and Kate Plus 8, publicly separated after Jon supposedly cheated on Kate with the family’s nanny.
This not only caused the show to be canceled but also led the couple to an acrimonious divorce. The duo, who apparently used to make $75,000 per episode, are rumored to not have any money left. Well, it can’t be easy or cheap to keep eight kids fed, clothed, and with a roof over their heads, or in this case, two roofs.
Larry King
TV hosts on American television, especially successful ones who have been on the air for a while, bring in some extremely fat paychecks and generally know how to hold on to their money a lot better than those celebrities which they interview. However, there are always exceptions.
A regular visitor to American living rooms for decades, famous television host Larry King even won an Emmy for his outstanding interview skills. Although he was great at handling himself on the air, he has had some financial dealings off the air which went sour. Things got so bad, that he was forced to file for bankruptcy in 1978. Luckily since then, he has been able to find better financial footing before passing away in early 2021.