10 Great Celebrities Who Went Broke
By siliconindia   |   Saturday, 29 October 2011, 01:08 IST
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Kim Basinger:
kim
Basinger was one of the highest paid celebrities in 1980s. She earned huge money and decided to by the Braselton town located in Georgia for $20 million. The town did not churn out to be a great tourist spot as she expected and in the year 1993. Her ridiculous decision of backing out of a movie "Boxing Helena" just four weeks before shoot made the producers take a legal action against her. She was forced to sell the Braselton for $1 million. She claimed herself as a bankrupt as she was forced to repay the debt of $8 million. She made one of the costliest divorce settlements with her ex-husband Ron Britton, Hollywood makeup artist for $12,000 a month.

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