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From Rich To Penniless: 12 celebs who have gone broke in the last 10 years… You’ll be surprised! (With Pictures)

3. Sinbad

via interviewly.com

Born as David Adkins, the Michigan comedy prodigy got his breakthrough on a spin-off of the popular show, The Cosby Show. The lovable stand-up comedian reached his fame in the 90s with his own show, conveniently named The Sinbad Show.

In his prime, Sinbad bought a 10000m² beautiful home placed on top of a hill. However, in his 2013 interview with Oprah, he denied that he was living lavishly and that he used the money to help others as well as himself.

The former comedian filed for bankruptcy two times, owing $11 million at a certain point. That’s a lot of unpaid taxes, and even the splendid hilltop home he sold didn’t repay that. On the bright side, David Atkins has managed to score a gig or two and still has his lovely family. More than you can say about certain Hollywood stars.

 

2. Michael Vick

via feelgrafix.com

The first overall pick for the Atlanta Falcons in 2001, Michael Vick is actually the first African-American quarterback to be picked as a first overall in the history of NFL drafts. Michael led his team to the playoffs twice.

Having received wide popularity because of his plays on the field, Vick soon became obsessed with his carefree lifestyle.

The proverbial rock bottom for Michael Vick was in 2007, when he was found guilty of operating a dogfighting ring. Even though he claimed that it had nothing to do with animal cruelty, it cost him almost everything. After nearly two years in prison, Vick filed for bankruptcy mainly because of unpaid legal fees. Michael Vick has rebounded quite successfully as he was NFL Comeback Player of the Year (2010).

 

1. Warren Sapp

via tbo.com

Hall of Fame member and an NFL 2002 Super Bowl champion, the defensive tackle from Florida has dominated the field known for his aggressive style and commitment. One of the best defensive players ever, Sapp was elected seven times to Pro Bowl squad. A bad boy on and off the field, he had several verbal incidents and was even expelled from the field because of unsportsmanlike conduct. Sapp was a huge spender and rarely took a look at price tags before making purchases. Sapp’s spending lifestyle and a failed business attempt led to him filing for bankruptcy in 2012. Owing a lot in taxes and almost a million in alimony, Sapp had to sell everything including his huge house in Windermere, that was sold for $2.9 million. His total amount in assets amounted to $6.45 million, but his debt was over $6.7 million. He managed to pull out and after having his jersey (number 99, Tampa Bay Buccaneers) retired in 2013, he went on to become an analyst for the NFL Network.

Sources: time.com, therichestmirror.co.uk, telegraph.co.uk

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