was an English singer-songwriter and actor. He was a leading figure in popular music for over five decades, acclaimed by critics and fellow musicians for his innovative work. His career was marked by reinvention and visual presentation, his music and stagecraft significantly influencing popular music. During his lifetime, his record sales, estimated at 140 million albums worldwide, made him one of the world's best-selling music artists.
On 10 January 2016, two days after his 69th birthday and the release of the album Blackstar, Bowie died from liver cancer in his New York City apartment. He had been diagnosed 18 months earlier but had not made the news of his illness public. The Belgian theatre director Ivo van Hove, who had worked with the singer on his Off-Broadway musical Lazarus, explained that Bowie was unable to attend rehearsals due to the progression of the disease. He noted that Bowie had kept working during the illness. According to a speech given by long time friend and actor Gary Oldman, his final words were: "Music has been my doorway of perception and the house that I live in."
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.