Celebrities Whose Lavish Lifestyles Landed Them In Bankruptcy

12. MC HammerMC Hammer

The rapper, after fetching stardome and fortunes with a bank balance of about $30 million at the peak of his rise, sadly took to an extravagant lifestyle and started spending money left, right and centre. Unsurprisingly, he ended up in a debt of $13.7 million in no time.

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