22. Richard Ramirez aka 'The Night Stalker'

22. Richard Ramirez aka 'The Night Stalker'

On September 20, 1989, Ramirez was convicted of all charges: 13 counts of murder, 5 attempted murders, 11 sexual assaults, and 14 burglaries.[99] During the penalty phase of the trial, on November 7, 1989, he was sentenced to die in California's gas chamber. He stated to reporters after the death sentences, "Big deal. Death always went with the territory. See you in Disneyland." The trial cost $1.8 million, ($3.55 million in 2017 dollars) which at the time made it the most expensive in the history of California, until surpassed by the O. J. Simpson murder case in 1994.

By the time of the trial, Ramirez had fans who were writing him letters and paying him visits. Beginning in 1985, Doreen Lioy wrote him nearly 75 letters during his incarceration. In 1988, he proposed to her, and on October 3, 1996, they were married in California's San Quentin State Prison. For many years before Ramirez's death, Lioy stated that she would commit suicide when Ramirez was executed. However, Lioy and Ramirez eventually separated. By some estimates, he would have been in his early seventies before his execution was carried out, due to the lengthy California appeals process. Ramirez died of complications secondary to B-cell lymphoma, at Marin General Hospital in Greenbrae, California, on June 7, 2013. He had also been affected by "chronic substance abuse and chronic hepatitis C viral infection". At 53 years old, he had been on death row for more than 23 years.

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Did You Know...

I

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.

II

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.

III

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.

IV

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.

V

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.

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