Posted on 07/26/2018 6:18:33 AM PDT by SeekAndFind
Because they let the political bs they preach,color their life choices?
Burt had it all once.
He looks bad and I hate it for him.
If he is bankrupt, how can we celebrate?
bookmark
“That’s a Shame.”
Jerry Seinfeld
The 50 Cent mansion was turned into a nursing home - that’s a little bit funny. So I’m assuming they took out the stripper poles - somebody could break a hip.
They go broke for the same reasons other people do: They spend more than they make.
Stupidity is certainly not protected by fame.
They spend it. Their accountant tells them they need tax write-offs, but says nothing about SAVINGS. Their ‘entourage’ needs ‘to be cared for’, just as a dog accepts ticks.
“I do it, because I can afford it.”
With these multi-millionaire celebs one would think if they squirreled away a million or two and dont touch it unless absolutely necessary that they wouldnt go total broke. Being a fool with $$ gives it wings.
As a rule, people who didn’t grow up in a financially stable home have a habit of playing “Want It Buy It”. People who grow up in a stable home are more likely to play “Want It Rent It”. You want a Bentley? Rent one. In a few weeks, it’s just a car. Want to go to the beach? Rent a house. You learn how to delay pleasure.
The exceptions are classic cars and mountain retreats.
These celebrities are rarely ever “broke” - as you or I consider that word.
With them. Its - “oh darn... i have to sell one of my 6 homes... I cant buy the new Lamborghini again this year...
These people will never again have to cut coupons, gather returnable bottles and head to Walmart and try to keep the bill under $100 for the weekly groceries.
They never have to drive a car for a month with the muffler hanging half off - til they can scrape that extra cash together and get it fixed.
Etc...etc...etc...
These folks dont know “broke”.
Harry Poutter and Fantastic Beasts fans went wild when Depp was revealed as Grindelwald - not in a positive way. The social justice oversensitive fans (oh boy, the potterverse is all about diversity, equality and pro-LGBT) hate him for accusations of wife abuse. Proven or not, it doesnt take much to turn off hordes of previously-adoring fans.
Click on the link and read the rest of the article.
“Depp recently told Rolling Stone his $650 million fortune is wiped out. A lawsuit filed by Depps management team since settled alleged that Depp spent $2 million per month on private planes, a yacht, a 24/7 staff of 40 people (including $150,000 per month on security), his private island, $4 million in total on a failed record label, $3 million to shoot the ashes of late friend Hunter S. Thompson out of a cannon, and $30,000 per month spent on wine.”
These stories are no different than the professional athletes(50% of NBA players, etc.) that go broke after making millions. I see it in a smaller scale in the business that I am in. Here, people make six figure incomes. Some go out and buy a Porsche, etc. They take fancy vacations. They buy big houses. Then they have a bad year and they are almost broke.
On the other hand there are people like Wayne Rogers who played “Trapper John” on the MASH television series. He was a very good investor. In his later years he was featured on Fox’s Bulls and Bears because of his investing expertise.
Just because you can sing, dance, act or play a sport does not mean you can handle money. It is no different than the person who makes $50K a year but has $35K in credit card debt.
Depp took exception to the latter.
Its insulting to say that I spent $30,000 on wine, he told Rolling Stone. Because it was far more.
???? You missed this? LOL.
"Todays version of Reynolds is Johnny Depp, who remains one of the biggest movie stars in the world and yet is now broke. Depp recently told Rolling Stone his $650 million fortune is wiped out. A lawsuit filed by Depps management team since settled alleged that Depp spent $2 million per month on private planes, a yacht, a 24/7 staff of 40 people (including $150,000 per month on security), his private island, $4 million in total on a failed record label, $3 million to shoot the ashes of late friend Hunter S. Thompson out of a cannon, and $30,000 per month spent on wine.
Depp took exception to the latter.
Its insulting to say that I spent $30,000 on wine, he told Rolling Stone. Because it was far more.
They probably have unrealistic expectations of future earning potential, as well as a limited skill set.
Who cares?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.