It is easy to assume that the celebrity that you follow on Instagram who is always wearing high-fashion clothes and is vacationing in Bora Bora every other weekend is wealthy beyond belief. Why would they live that kind of lifestyle if they can’t afford it, right?
Well, it’s one thing to look rich, but for some celebrities, actually being wealthy is an entirely different story. Whether it’s from bankruptcy or just mismanaging money, these celebrities talk the talk but they don’t walk the walk when it comes to having money. You might have thought these celebs were well off but you’ll be surprised what their actual net worth is.
You’ll never believe just how much money one Disney channel star wasted away.
Lindsay Lohan’s Partying Got The Best Of Her Fortune
Even though LiLo made bank from The Parent Trap and Mean Girls, she slowly began chipping away at her fortune partying in the mid-2000s. Her hard-partying ways meant she wasn’t landing many acting roles to pay the bills, and on top of all that, she owed $200,000 in back taxes.
In 2013, she did a six-part interview with Oprah that landed her $2 million, but it all went towards taxes and overdue rehab fees. Now, she’s barely worth $800,000.