When The Checks Stop Coming: A Gallery Of Celebrity Bankruptcies

- By Bossip Staff
1 of 12

Celebrities That Went Bankrupt

Money ain’t a thang…or is it?

Celebrities face the crunch from the IRS harder than us regular folk a lot of times. They spend money on houses and cars, then suddenly it goes away and Uncle Sam still wants his cut of the pie. When that happens, celebrities’ only choice is to go bankrupt. Which means they’ll still be richer than you, but they need some help. Here’s a list of celebrities that went bankrupt and the year they felt the government’s wrath.

Donald Trump – 1991, 1992, 2004, 2009

Toni Braxton -1998, 2010

Sinbad – 2009

Gary Coleman -1999

Marvin Gaye – 1970s

MC Hammer – 1996

    Continue Slideshow

    Ron Isley – 1995

    Latoya Jackson – 1995

    Chaka Khan – 1997

    Mike Tyson – 2003

    TLC – 1995

    More Stories From Bossip


    Bossip Comment Policy
    Please read our Comment Policy before commenting.