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Top Three Celebrities Least Expected to Go Bankrupt

Why is it not expected for celebrities to go bankrupt? Is it  because of the seemingly never-ending flow of money that comes in staggering amounts? Is it the vast talent and skills that they possess that assure them of a continuous money-making mechanism? Or is it because they have the look of affluence and richness so attached to them that it  is simply difficult to imagine them otherwise or worse, going bankrupt.

A lot of celebrities have found themselves going from riches to rags. Several are still in the difficult phase of recovery. There were others who chose to consult with a Chapter 13 Bankruptcy Attorney and were advised to file for bankruptcy. There are some people who are more suited to file for the Chapter 7 Bankruptcy. It is necessary to get the best advice from experts when a person is in such a difficult financial situation. Celebrities going bankrupt is a wake-up call that getting big money will be able to protect us from bankruptcy.

Here are the Top 3 Celebrities Least Expected to Go Bankrupt but did:

Kim Basinger

If someone purchased a town to develop it into an entertainment attraction, would people expect that person to go bankrupt anytime soon? Probably not but that is exactly what happened to actress Kim Basinger. When she purchased the small town of Braselton for $20 million, no one was expecting her to file for bankruptcy. No, it wasn’t the buying of the town that did her in but the paying of damages required of her after she backed out from doing the film “Boxing Helena”.

Mike Tyson

If people were to base the probability of bankruptcy on the huge ring earnings of Mike Tyson, the percentage will be quite small. However, those incredibly large earnings proved no match to his unbridled extravagance. Even when broke, he says that he does not regret losing money because he had fun.

Mark Twain

If people were again to guess the probability to go bankrupt on Mark Twain‘s creative genius and money-making capabilities, the percentage will likewise be nil. Bad investments and equally bad money management habits brought him to bankruptcy. What is notable about his case is that he was able to pay all his debts eventually even after he was relieved of such responsibility when he filed for bankruptcy.

This just goes to show that anyone can go bankrupt, including celebrities. The positive side here is that they have also proven that there is life after bankruptcy. However, hard lessons have admittedly been learned.



Mobile Luxury: What’s inside a Hollywood Actor’s Trailer

We’ve all seen actors with their awesome luxury mobile vans that follow them around on film shoots. In Hollywood, almost every actor has their own special touch that makes their vans different from everyone else’s. If you’ve stood there, on set, and watched them disappear into these magical vans, then you’re not alone in wondering what really happens in there.

The answer, if there is one, is that no one really knows! Each actor has been known to spend a lot of money in customizing these mobile luxury trailers. While some actors don’t exactly own one of their own, they do need one during shooting and the production team, normally, provides them with one. Even in these cases, these actors have their tastes that these production team members need to satisfy. Read the rest of this entry »



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jennifer-aniston_1
A source close to Jennifer Aniston says that you won’t see her dating normal guys; that what she does is to go after the hottest guy at the moment, so that she will get herself in the limelight. Think Brad Pitt, John Mayer, Bradley Cooper, and Gerard Butler. I think, it’s circumstantial evidence at best. I think that someone might be having a little spat with Jennifer and feels like getting back at her, but then again, I have been wrong many times.



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The U2 Way

A Portion Of West 53rd Street Is Temporarily Renamed

No, it’s not a figure of speech. It is actually the name of a street in New York – part of the 53rd Street between Broadway and 8th Avenue. Mayor Bloomberg honored the band by temporarily renaming that street. Way to go Mayor!



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Jonas Brothers: Movie Disappointing?

Jonas Brothers

Remember about a week ago when we heard wild forecasts about the 3D movie of THE brothers? Well, apparently, it did not do as well as forecasted. The movie didn’t do that bad, actually, getting abotu $12.7 million in the first 3 days. It was short of the $15m that the studio was hoping for though, and way way short of the crazy predictions that reached $25m.



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World Tour For Jonas Brothers

The 66th Annual Golden Globe Awards - Arrivals

Teeny boppers all over the world are waiting for something big this year – the Jonas Brothers are going on a World Tour and are set to announce their stops next month or early March. These young boys have indeed made it far! More details in their MySpace Blog.



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Ok. You might be asking who is Tina Sherman. I was asking the same thing until I read about her lawsuit against McDonald’s. It’s really an interesting story: Sherman’s husband left his cell phone at McDonald’s. He called the store, they kept in the back until he picked it up. Everything’s ok, right?

Read the rest of this entry »



Michael Jackson, homeless?

Neverland

Michael Jackson may lose Neverland Mansion. The sprawling estate in Santa Barbara County is up for foreclosure. Once one of the richest singers, MIchael’s millions may have been eaten up by legal battles and far too much cosmetic surgery. (Or should we say medical treatments for a rare skin disease?).

Michael owes about $23, 212, 953, on an outstanding loan of $23, 000,000. He’s skipped 3 mortgage installments. Maybe his cover appearance on Ebony magazine in celebration of the 25th anniversary of Thriller will generate just enough life into his career to pay for an apartment.



Anna Nicole’s stalker demands share of inheritance

anna nicole smith

Oh come on, you jerk, leave her alone. She’s already dead.

Mark “Hollywood” Hatten, who dated Anna Nicole Smith
from 2000 to 2002, filed a claim for part of her inheritance. He thinks he’s “entited” to her millions, even if he’s currently serving a 6 year sentence for threatening her with a knife, and attacking her neighbor. Oh, and by the way, he also stalked her.

The only thing you’re entitled to, Mark, is a kick in the… well, never mind.



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Anna Nicole’s stalker demands share of inheritance

anna nicole smith

Oh come on, you jerk, leave her alone. She’s already dead.

Mark “Hollywood” Hatten, who dated Anna Nicole Smith
from 2000 to 2002, filed a claim for part of her inheritance. He thinks he’s “entited” to her millions, even if he’s currently serving a 6 year sentence for threatening her with a knife, and attacking her neighbor. Oh, and by the way, he also stalked her.

The only thing you’re entitled to, Mark, is a kick in the… well, never mind.



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Jake Gyllenhaal: A Short History of the ‘Brokeback’ Cowboy

Jake Gyllenhaal.jpgI’ve been wondering about old Jakie G lately.  How did he go from the devastatingly bad film The Day After Tomorrow to enlightened movie such as Donnie Darko or Brokeback Mountain?  So, I thought I will round up the history of Jake Gyllenhaal and see what I could find.

Jake was born in Los Angeles, California on December 19, 1980 to director Stephen Gyllenhaal and producer / screenwriter Naomi Foner Gyllenhaal.  Jake has some nobility in his veins, being a descendant if the Swedish noble Gyllenhaal family.  He was raised in the Jewish religion and had his Bar Mitzvah at a homeless shelter, his parents tried to instill a sense of appreciation for his privileged lifestyle.  He is the godson of Jamie Lee Curtis and is a godfather himself to Heath Ledger’s daughter, Matilda Rose. 

Gyllenhaal graduated high school and headed off to Columbia University.  He stayed in college for a couple of year, but dropped out to concentrate on his acting career.  He actually had his film debut at the age eleven in City Slickers (so go grab that movie for the weekend and try to find ole Jake), he then began to establish himself with such films as October Sky before being cast in the title role of the highly acclaimed Donnie Darko.

Jake won attention after his work on Darko which was nominated for an Independent Spirit Award for Bets Actor.  He soon played opposite of reality TV hater Jennifer Aniston in another Sundance favorite, The Good Girl, which also won rave reviews.  So, he’s looking good- in some great films, on his way up, etc.  Then he decides to a part of The Day After Tomorrow in 2004.  This movie was considered to be a commentary on the possible effects of global warming, but all it did for me was think, “Why is Jake in a blockbuster action film?  Where is the Sundance king?”

From Molto Mario, which he played opposite his sister Maggie, to Jarhead, I just keep getting more confused as to what attracts Jake to these roles.  Can it really just be for the money?  He was reportedly paid $6 for his violent Marine role in Jarhead.  But then the Sundance cowboy stuck out his head once again with Ang Lee’s Brokeback Mountain. 

Brokeback won the coveted golden Lion at the Venice Film Festival, four BAFTA Awards and three Academy awards.  So, he must be doing something right, right?  Maybe I just hold Day After Tomorrow grudges.  He will always be the interesting, yet demented, Donni Darko to me.

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Who Makes What, Actors and Their Millions

Tom Cruise.jpg

Hollywood is a rich box of chocolates full of bitter and sweet bites.  From the highest paid actress Julia Roberts to newcomer Scarlett Johansson, they bring in the bucks.  The current asking price to have Tom Cruise aboard your film, $25 million.  Let’s take a closer look at these highly paid Hollywood dwellers:

Tom Cruise:

Age:  44

First big payday:  $75,000 for Risky Business, 1983

Current price tag:  $25 million

News:  After the Spielberg blockbuster hit War of the Worlds, the devout scientologist and fiancee of Katie Holmes, returns to us now in Mission Impossible III due out May 5th of this year. 

Cameron Diaz.jpg

Cameron Diaz:

Age:  34

First big payday:  $2 million for There’s Something About Mary, 1998

Current price tag:  $20 million

News:  This Hollywood babe is currently working on none other than Shrek 3, set to hit screens in 2007.

Will Smith.jpg

Will Smith:

Age:  38

First big payday:  $500,000 for Six Degrees of Separation, 1993

Current price tag:  $20 million + 20% of gross (I like how the man thinks!)

News:  Smith is currently working on The Pursuit of Happyness in which he plays a rags-to-riches banker who is trying to get a new start on life, due out later this year.

Julia Roberts.jpg

Julia Roberts:

Age:  39

First big payday:  $50,000 for Mystic Pizza, 1988

Current price tag:  $27 million

News:  Roberts will be delighting all, and filling up her bank account, with this year’s Charlotte’s Web.  The animated feature includes many A-list stars including:  Oprah Winfrey, John Cleese, Steve Buscemi, Cedric The Entertainer, Reba McEntire & Kathy Bates.

 

The one question I keep asking myself regarding these prized entertainers and their million dollar price tags- are they worth the money?  You let me know.

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