Somehow, history has forgotten that Larry Bird was one of the toughest, trash-talking, body-banging forwards to ever play the game. Secretly, Larry Bird was one of the dirtiest players to hit the professional hardwood. Not to mention his unorthodox jump shot that killed the hopes and dreams of a lot of hi NBA alumni peers. Yet, he's deserving of the crown of Indiana beating out some rather tough competition in George McGinnis, Zach Randolph, and Shawn Kemp.
After being picked sixth overall in the 1978 NBA Draft by the Boston Celtics, 'The Hick from the French Lick' went on to win three NBA Championships with the franchise while earning three NBA Most Valuable Player honors, and two NBA Finals MVP Awards. His list of accolades run much deeper but his rivalry with the Los Angeles Lakers and Magic Johnson was one of the greatest sports stories anyone could ever imagine. These days, Larry Bird is still in the pro-basketball realm working as the President of Basketball Operations for his home state Indiana Pacers.
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.