Quintorris Lopez "Julio" Jones is arguably the fastest wide receiver in the NFL today. With a 40-yard dash time of 4.39, it's hard to believe the amount of body control, route-running accuracy, and catching ability he contains. In 2008, Julio Jones became the first true freshman to start in a season opener for the University of Alabama in the school's history. In three seasons as a member of the Crisom Tide, Jones started every single game and helped lead the team to a 14-0 record in 2009 which includes a BCS National Championship victory over the Texas Longhorns.
The 6'3 speedster was drafted 6th overall in the 2012 NFL Draft by the Atlanta Falcons where he's played his entire career and racked up some of the most monetizing contracts in NFL history. In his nine seasons in the NFL, Jones has earned six Pro Bowl honors, led the league twice in reception yards (2015, 2018), and has become the quickest receiver to reach 10,000 career receiving yards in NFL history. Jones also holds the NFL record for career average receiving yards per game with 96.7. With accolades such as these, the Falcons shelled out a $66 million, three-year extension with the receiver in September 2019. At only 30-years-old, Jones has a potential earning status of over $163 at this point in his career but has racked up over $103 million to this date.
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.