There are a lot of people who had nothing earlier but later they became successful but they failed to keep their wealth. Here are the people who have literally become Hero to Zero.
1. Stephen Baldwin
In 2010, Stephen Baldwin simply filed for bankruptcy during the summer after having a more than $2.3 million in personal debt, including more than $1 million owed. The famous star of “The Usual Suspects,” and a reality TV star, became a victim of the housing market collapse as well after he took out a second mortgage on his $1.1 million home and he became “underwater” on the huge loan.
2. Kim Basinger
No one would quit a job if it gives $9 million? Well, Kim Basinger did that unthinkable. A judge had ordered Basinger to pay a film production company for failing to keep her commitment to star in the movie “Boxing Helena.” Apparently she didn’t save anything of her previous earnings to pay the bill; she eventually lost $19 million when she had to sell the town of Braselton, Georgia which she purchased in 1989 and had to file for bankruptcy too.
3. Nicholas Cage
Having more than $6 million in back taxes to the IRS, the “National Treasure” star still blames his former manager, Samuel J. Levin for his million-dollar loss to risky and speculative investments because he had faced a huge loss. To settle up the accounts Cage sold his castle in Bavaria; he also lost two of his homes in New Orleans to auction after failed to pay the bill.
4. John Daly
Daly lost nearly $60 million in gambling and admits to his addiction and loss in his 2006 autobiography, “My Life In and Out of the Rough: The Truth Behind All that Bull**** You Think You Know About Me”.
5. Lenny Dykstra
Within three months after giving an interview on The Worldwide Leader In Sports, Dykstra, who claimed to have worth over $60 million, filed for bankruptcy, citing he held just $50,000 in assets. The former New York Mets and Philadelphia Phillies center fielder may have been asking “winning” investment tips through his “Nails on the Numbers” newsletters since retiring from major league baseball but apparently he wasn’t heeding his own advice as well.