Bouncing Back From a Crisis: 10 Celebs Who Rebuilt Their Careers After Going Bankrupt

Oct 14, 2023

By: Sagarika C

The celebrities who hit rock bottom with bankruptcy but bounced back to land on their feet

In this article, we will explore the stories of 10 celebrities who, despite their fame and success, encountered financial turmoil and had to seek bankruptcy protection. Their journeys serve as a reminder that wealth can be fleeting, and financial setbacks can ...

1. Alex Jones

Over the years, numerous well-known actors, musicians, athletes, and other entertainers have faced financial challenges, leading them to file for bankruptcy.

2. Todd Chrisley

Alex Jones, the man behind Infowars, took a significant hit to his finances before making the tough decision to file for Chapter 11 bankruptcy in December 2022, as he was grappling with a $1.5 billion debt. This financial crisis stemmed from his controversial ...

3. Sonja Morgan

Todd Chrisley, famed for the reality show "Chrisley Knows Best," faced a financial rollercoaster in 2012 when he filed for bankruptcy, citing an astounding $49.4 million in debt. In 2019, Todd and his wife Julie found themselves in hot water once aga...

4. Abby Lee Miller

Sonja Morgan, a familiar face on "Real Housewives of New York City," faced a financial storm in 2010 following her divorce, and filed for Chapter 11 bankruptcy. She found herself owing a staggering $19.8 million to creditors, but her determination an...

5. Francis Ford Coppola

Abby Lee Miller, the popular face from "Dance Moms," first sought personal bankruptcy protection back in 2010 when her debts mounted to $400,000. But her financial woes took a more complicated turn in 2017, when hidden bank accounts came to light, re...

6. 50 Cent

Francis Ford Coppola, the cinematic maestro behind "The Godfather" and "Apocalypse Now", faced financial turmoil not once, but three times, largely because of the ill-fated 1982 musical film, "One From the Heart." Despite these fi...

7. Dina Lohan

Rapper Curtis '50 Cent' Jackson, renowned for his iconic album "Get Rich or Die Tryin," found himself in a tight financial spot back in 2015. With debts ranging from a whopping $10 million to an eye-popping $50 million, it seemed like his f...

8. Mike Tyson

Dina Lohan, mother of the popular yet controversial "Mean Girls" actress Lindsay Lohan, filed for bankruptcy in 2018 due to a significant $1.7 million in debt. Her primary goal was to protect her family's cherished home from foreclosure. In the ...

9. Lil' Kim

Back in 2003, the legendary heavyweight champion Mike Tyson faced a financial knockout, from a $23 million debt. It was a tough hit for the former top earner in boxing. However, Tyson showed resilience while taking the blows and over the years, he made a remar...

10. Stephen Baldwin

Lil' Kim, an iconic rapper, found herself in a financial bind back in 2018 when she filed for Chapter 11 bankruptcy. With debts rising to nearly $4 million, her primary goal was to shield her New Jersey mansion from foreclosure. However, her luck took a t...