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10 Great Celebrities Who Went Broke
By siliconindia
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Saturday, 29 October 2011, 01:07 IST
Mc Hammer:
The famous American rapper in 1980s had to file his bankruptcy in the year 1996 after a mass debt of $13 million. His luxurious lifestyle crashed out all of his money. He owned an amazing villa at California with two pools, cinema, tennis courts and a fleet of 17 cars. He also purchased a helicopter, racehorses and a sound system that needed 22 miles of wiring. He chained his Rottweilers with chains made out of pure gold. At present hammer makes his living as a TV presenter and a preacher to support his family of six.
