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re: Celebrities who are no longer rich/ huge debts

Posted on 8/14/18 at 10:09 am to
Posted by fr33manator
Baton Rouge
Member since Oct 2010
135032 posts
Posted on 8/14/18 at 10:09 am to
quote:

Brendan Fraser


I’ve partied with this dude. Was really cool
Posted by castorinho
13623 posts
Member since Nov 2010
88339 posts
Posted on 8/14/18 at 10:09 am to
YOU WON'T BELIEVE #9
Posted by JBeam
Guns,Germs & Steel
Member since Jan 2011
68377 posts
Posted on 8/14/18 at 10:10 am to
quote:

He has a lot of assets, but he also has a shite ton of debt and has spent a fortune on wine that he drank. He's not in a good spot at all.

He also spent a ridiculous amount of money shooting someone's ashes into space.
Posted by lsufan1971
Zachary
Member since Nov 2003
24393 posts
Posted on 8/14/18 at 10:11 am to
quote:

Johnny Depp


Anyone that spends 30K a month on wine deserves to be broke.
Posted by lsufan1971
Zachary
Member since Nov 2003
24393 posts
Posted on 8/14/18 at 10:12 am to
quote:

He also spent a ridiculous amount of money shooting someone's ashes into space.


3 million I believe. What a fricktard.
Posted by SwaggerCopter
H TINE HOL IT DINE
Member since Dec 2012
27530 posts
Posted on 8/14/18 at 10:13 am to
quote:

No he doesn't. He's on the brink of declaring bankruptcy. He has a lot of assets, but he also has a shite ton of debt and has spent a fortune on wine that he drank. He's not in a good spot at all.


Johnny Depp has more authentic and prized art than he has walls in his multiple mansions. If he dumped all of the art and most of the houses, he would be fine.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 8/14/18 at 10:14 am to
quote:

Johnny Depp has more authentic and prized art than he has walls in his multiple mansions. If he dumped all of the art and most of the houses, he would be fine


No he wouldn't. Do you know what bankruptcy means? He has or is on the verge of having more liabilities than assets. Yes, he can generate a ton of cash, but all of it would already be committed to servicing debt.
Posted by stout
Porte du Lafitte
Member since Sep 2006
184533 posts
Posted on 8/14/18 at 10:15 am to
quote:

I think Kanye is okay only because of his wife.




His Yeezy brand has a billion dollar valuation and he is the majority owner. h...and it's a private company. He will be a billionaire before too long.
Posted by rented mule
Member since Sep 2005
2817 posts
Posted on 8/14/18 at 10:16 am to
quote:

No he doesn't. He's on the brink of declaring bankruptcy. He has a lot of assets, but he also has a shite ton of debt and has spent a fortune on wine that he drank. He's not in a good spot at all.


Coming next year, Pirates of the Caribbean pt 6, 7, and 8.
Posted by Lester Earl
3rd Ward
Member since Nov 2003
291652 posts
Posted on 8/14/18 at 10:20 am to
quote:

Johnny Depp has more authentic and prized art than he has walls in his multiple mansions. If he dumped all of the art and most of the houses, he would be fine.


Swager Copter: financial adviser
Posted by Phat Phil
Krispy Kreme
Member since May 2010
7564 posts
Posted on 8/14/18 at 10:23 am to
When you make tens of millions dollars, why be in debt or have mortgage? Why not just buy reasonably modest things and pay everything in cash? Those muthafrickas need some Dave Ramsey.
Posted by volod
Leesville, LA
Member since Jun 2014
5392 posts
Posted on 8/14/18 at 10:25 am to
quote:


His Yeezy brand has a billion dollar valuation and he is the majority owner. h...and it's a private company. He will be a billionaire before too long.


I personally dont think these people are totally broke. They just have outstanding debts and in most cases they used up all their reserves of money.

As for Kanye, I believe the theory that he is rebranding himself. He wants to broaden his base of customers. He thinks the best way is to appeal to Trump, which his new customer base supports.

Kanye has a long history of being very outspoken. The only reason he is getting good press with GOP is due to his recent actions. Before that, he was honestly just another famous black entertainer.

Seriously, hes married to the very woman many on this board LOATHE. I'm not mad at him, hes a Savvy businessman.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 8/14/18 at 10:27 am to
quote:

When you make tens of millions dollars, why be in debt or have mortgage? Why not just buy reasonably modest things and pay everything in cash? Those muthafrickas need some Dave Ramsey


Because compounding interest, especually at that principal out, is a very powerful thing.
Posted by LPTReb
Member since Jul 2016
491 posts
Posted on 8/14/18 at 10:30 am to
quote:

Alyssa Milano


We could probably work something out for free room and board.
Posted by Peazey
Metry
Member since Apr 2012
25427 posts
Posted on 8/14/18 at 10:33 am to
I really don't see how 50 or Kanye is broke, and I also really don't see how people can verify this information. Think you have to take this stuff with a serving of sodium.
This post was edited on 8/14/18 at 10:33 am
Posted by Jorts R Us
Member since Aug 2013
18005 posts
Posted on 8/14/18 at 10:36 am to
Didn’t 50 cent just gift his residence to a charity?
Posted by MojoGuyPan
Intercession City, Florida
Member since Jun 2018
2797 posts
Posted on 8/14/18 at 10:37 am to
quote:

quote:
Alyssa Milano


We could probably work something out for free room and board.


I don't know, Jessie is looking much better than Milano on that new Netflix show.

You can have Milano, I'll take Jessie in as a boarder gratis at the GuyPan Compound.
Posted by volod
Leesville, LA
Member since Jun 2014
5392 posts
Posted on 8/14/18 at 10:41 am to
quote:

I really don't see how 50 or Kanye is broke, and I also really don't see how people can verify this information. Think you have to take this stuff with a serving of sodium.




I do. I think they just don't have as much money as to appear or proclaim to have.
Posted by 3deadtrolls
lafayette
Member since Jan 2014
7075 posts
Posted on 8/14/18 at 10:46 am to
quote:

I do. I think they just don't have as much money as to appear or proclaim to have.


I think 50 is the opposite of that. He’s screaming that he’s broke and hid the money.
Posted by Displaced
Member since Dec 2011
33054 posts
Posted on 8/14/18 at 10:47 am to
She is a supporting actress in a new Netflix show.

Still looking good.
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