"Mother, I'm going to get my things and get out of this house. Father hates me and I'm never coming back." Singer Marvin Gaye said just moments before his father shot him. At around 12:38PM on April 1, 1984, while Gaye was talking with his mother, his father Marvin Gay Sr. shot Gaye twice: in the heart and on his left shoulder respectively, the latter shot taken at point-blank range. The first shot proved to be fatal. Gaye was pronounced dead at 1:01PM after his body arrived at California Hospital Medical Center. Minutes earlier, the two men were involved in a physical altercation after Gaye intervened in an argument between his parents.
After Gaye's funeral, his body was cremated at Forest Lawn Memorial Park at the Hollywood Hills, his ashes were later scattered at the Pacific Ocean. Initially charged with first-degree murder, Gay Sr.'s charges dropped to voluntary manslaughter following a diagnosis of a brain tumor and Gaye's autopsy revealing the singer had drugs in his system. Marvin Gay Sr. was later sentenced to a suspended six-year sentence and probation. He died at a nursing home in 1998.
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.