Next up, is arguably the most respected remale high-fly act in mainstream wrestling, Amy Dumas, better known by her stage name, Lita. When Lita was in the ring, there wasn't anything too daring enough for her to do. Suicide Dive through the ropes and risk hitting the ramp? She didn't care. Diving Twist of Fate off the ropes? Didn't matter to her. Her patented Litasault back flip finisher off of the top turnbuckle was just another night for the woman who helped define one of the greatest eras in wrestling known as the Attitude Era of the WWF/WWE.
Prior to becoming a world-renowned act in the WWE, Dumas got her professional wrestling career started under the moniker Angelica in the Consejo Mundial Lucha Libre (CMLL) organization in 1998. The following year, Lita took her talents to the states in the independent circuit. In 1999, Lita made her way to the Extreme Championship Wrestling (ECW) where she began to pick up steam for her amazing aerial combat maneuvers. The following year, Lita would enter the WWF/WWE where she would become a 4x WWE Women's Champion and eventually be inducted into the WWE Hall of Fame (2014). Throughout the years, she's made sporadic returns to the ring, but she's focused on her music career as the head of her own punk band called The Luchagors.
Not all celebrities have fame and fortune, some are just famous – and in a ton of debt. They came from rags to riches, then went back to rags. Whether they’ve filed bankruptcy, ended up in court, or just can’t stop spending, celebrities mismanage their money just like everyone else. They just hide it well.
50 Cent coined the term “wanksta,” then “partied like it was his birthday” until he filed Chapter 11 bankruptcy in 2015. The rapper was said to be anywhere between $10 million and $50 million in debt. In 2016, a federal bankruptcy court judge in Connecticut approved a plan for the founder of G-Unit to pay his debts back. He was able to get his bankruptcy discharged in February of the following year.
Following a 45-year-long career in Hollywood, acting in more than 70 films, actor Gary Busey found himself in more debt than he was worth. In 2012, it was reported that Busey owed between $500,000 and $1 million worth of debt, but only had $50,000 to his name. The 74-year-old actor owed money to hospitals, banks, the L.A. Waterworks District, and even a storage company. He filed Chapter 7 bankruptcy that same year. Despite his longstanding career in Hollywood, Busey's net worth is now only $500,000.
Burt Reynolds is still worth five million dollars, but his battles with debt date back more than 20 years. Between bad investments and a pricey divorce from actress Loni Anderson, the 1970s superstar had to deal with over $10 million in debt and decided to file Chapter 11 bankruptcy in 1996. While testifying in a 1994 custody hearing, the South Florida native said he spent $40 million getting through his divorce.
The former Hollywood bad boy, Charlie Sheen owes the IRS nearly $5 million. But that's not all. In 2016, his net worth was reportedly still as high as $150 million, but he was nonetheless $12 million in debt at the time – including mortgages, legal fees, and taxes. That same year, Debt.com reported Sheen owed nearly $300,000 on an American Express card alone.