Entertainment

Kanye West and many other stars have questionable spending habits!


Who else has their credit card number memorized after all the Black Friday damage has been done?

Well, we don’t feel too bad after going through some of the overwhelming money decisions some of Hollywood’s biggest names have made. They take expensive hobbies on another level – and maybe that’s part of the problem because not all of them are still being molded. You’ll see that with our first example (below):

West Kanye

Kanye West says 'Black lives at issue are a scam' and criticizes fashion executive who called him out
(c) WENN

Unfortunately, the name on everyone’s lips. Over the past few months, West Kanye faced backlash for making troubling objectionable remarks, prompting companies to sever longtime partnerships with him. Hollywood’s top talent agencies refuse to work with him. Distance immediately pulled their cooperation, as did Balenciaga. Def Jam cut ties with Ye’s Good music label. And finally, adidas, whose ties to the Nazis were established madly enough, eventually got rid of the 45-year-old. While previously dubbed a billionaire, his decline Yeezy The brand has given the musician a net worth of $400 million.

Since it was reported, he is also flying over those dollars! As we mentioned, Ye’s source of income has dropped drastically, but he shows no sign of cutting back on his spending. One Page Six Sources claim Kanye only has “months” before he runs out of pockets. They explained:

“It’s all about cash flow and if cut[ed] when he can revive it.”

In these tumultuous times, it is also said that Chicago natives have jumped from place to place without a fixed place of residence, and may well be literally burning money.

Quite frankly, though, Kanye’s bank account has taken a turn for the worse. Back in 2016, the star was $53 million in debt because of his business and spending habits. At the time, the father-of-four wrote a long line on Twitter revealing his huge deficit, even going so far as to ask Mark Zuckerberg to bail him out. For West to crawl out of that disaster to be named a billionaire by Forbes, it looks like this latest downfall might actually be. Especially now making billions of dollars kim kardashian no longer with you.

Spell Tori

Tori Spelling And Dean McDormott Not Done!  They're 'Still Trying' To Repair The Marriage!
(c) WENN/Avalon

Tori, Tori, Tori, Tori. Where to start? The actress was successful early in her career, most notably with Beverly Hills, 90210but in the years that followed, Spell Tori found himself in hundreds of thousands of dollars in debt. Despite being the daughter of a famous TV and film producer Aaron Spellingg, whose net worth was estimated to be around $600 million before his death in 2006, claims that she received barely a dime from his will. That’s if you can call it a change of $800k – the only amount left for both her and her brother. While promoting her new book Spell it like it is back in 2013, Tori revealed a lot about her financial difficulties.

In an excerpt of her book, she wrote:

“It’s no mystery why I have money problems. I grew up rich beyond anyone’s dreams. Even as I try to pursue a simpler lifestyle, I can’t seem to give up my expensive hobby. And then there’s my little shopping problem… I can’t afford to live like this anymore. Our circumstances have changed. They say admitting the problem is the first step… I look back at the girl who shopped at Gucci in her 20s and I can’t even relate. I can’t believe I think it matters.”

She also shared in her memoir:

“We are in the entertainment business and things change every year. We don’t have a series on air right now, so we have to be more limited in what we can spend, like anyone who doesn’t have a steady job right now.”

The following year, Tori and Dean were fined $259,108.23 in taxes for not paying state taxes in 2014. But it seems the debt only piled up from there. Her money problem was again on display in 2016 when American Express first sued Spelling over an unpaid bill of $37,981.97 and then a few months later sued again for her nearly $88k unpaid bill. Separate from their AmEx bill, NHNo TP. came after the duo with a lawsuit after they defaulted on their $400k loan. The bank claimed only half of that in the lawsuit – but it is unclear if they will be returned to this day!

Kanye wants to dig this hole himself! Really.

In 2020, the California Franchise Tax Board put the actress on duty, placing her and Dean on their list of the top 500 delinquents. As it turns out, the couple owes the state a total of $310,996.11! Apparently the parents are raising five children (son of Dean Jack Montgomery McDermott from a previous marriage of 24), which is NOT cheap in El Lay, but something has to be given away.

Nicolas’ cage

Nicolas Cage's estranged wife wants money!
(c) WENN

No question Nic’s Cage searched National treasures, he has a serious shopping addiction! Blessed with an impressive number of box office hits, at one point the 58-year-old had a net worth of more than $150 million. But damn, does he like spending money – you know, almost as much as he likes to get married! LOLz!

So the actor not only blew his bank account but also on some of the craziest items. A New Orleans grave? Test. More than a dozen luxury real estate? Test. A live octopus worth $150K? Test. Nothing about his hobby is cheap, let’s just say. Unfortunately, that led to some pretty serious problems, such as his notorious $13 million income tax debt, which quickly grew in the years 2002-2007. .

In early 2022, Nic actually opened the door for GQ very outspoken about his finances, defending his many roles in straight-forward films.

“I have all these creditors and the IRS and I’m spending $20,000 a month trying to keep my mom [Joy Vogelsang] out of a mental institution, and I can’t. It all happened at once.”

A year and a half ago, he announced that he had “paid off all his debts” – which is a myth given how deep he is.

“It was like, ‘You mean we’re not doing ‘National Treasure 3′?’ It’s been 14 years. Why not?’ Well, ‘Sorcerer’s Apprentice’ failed, and ‘Ghost Rider’ didn’t actually sell tickets. And ‘Drive Angry’, come and go.

Just to be clear, we’ll pay to watch National Treasure 3. In an instant.

Donald Trump

Everything Donald Trump touches is really dead... except the coronavirus pandemic.
(c) WENN/Instar

Donald Trump and tax returns are two things that never really go together. In fact, there was a time when we thought we’d never see them. Part of the reason people are curious, however, is that the American people deserve to know if he cheated or violated in any way. His documents also reveal his surprising write-offs, such as $70k in haircuts, some of which were during his time on the job. Probationer. There’s also over $100k for a makeup artist and hairstylist, even listing one of his personal homes as a business investment, allowing him to save money. $2.2 million in property taxes.

So while these payments are not available to a millionaire, it is questionable that he is using his spending on what is said to be greedy.

needle basinger

Kim Basinger lost all his money
(c) WENN/Avalon

needle basingerthe person who is probably best known now is Alec Baldwinex-wife and Irish Baldnessher mother, made millions of dollars in the 80s and 90s as a supermodel and actress. And it was during her heyday that the Georgia native spent $20 million on a small town in her home state. She had intended to turn Braselton into a movie studio or tourist attraction, but it never came to fruition before she lost it entirely. After withdrawing from the 1993 film boxing Helena, Mainstream image asked her to pay them $8 million – a move that caused the star to declare bankruptcy. Kim was forced to sell her dream town and ended up paying the studio only $3.8 million.

Thankfully, the secret LA The star returned years later after earning a reported $10 million in earnings for her role in the 2000 film. I dream of Africa.

Cardi

Cardi B and Kulture at her birthday party
(c) Cardi B/Instagram Story

Cardi had a really quick arrival! While she previously starred on VH1‘S Love & Hip Hop: New Yorkrapper who made his first million dollars selling his debut album, Privacy breachand most notably her hit single, golden bodhi.

Celebrating her success, the 30-year-old gave her loved ones lavish gifts that were, like really, really lavish. Not only spending profligately for her husband Compensate, just as she did with a luxury home she bought for him in the Dominican Republic, but she is proud to go all out for their daughter Kulture. On the 4 year old’s last birthday, the couple gave the toddler a stack of $50k coins! It can be difficult for us farmers to understand that concept, as not many of us have such large amounts of money on hand. The same can be said of the $150,000 worth of diamonds – which Kulture wears around his neck in a gem-encrusted Minnie Mouse-inspired design. And didn’t even get us started on Hermes Birkin rapper Migos bag bought for baby.

Apparently they have money to burn!

kim kardashian

Kim Kardashian takes HUGE action against SKKN trademark lawsuit!!
(c) Hulu/YouTube

And that’s no different from Kim! Her family has consistently received backlash over lavish birthday parties for their children – and plenty more. Since becoming a billionaire, the lifestyle mogul doesn’t try to hide her wealth. Not only was she fined for excessive water use on her property while California was in drought, but the mother-of-four caused even more controversy after showing off her $150 million private jet. mine. That’s an immeasurable amount to spend, especially as purchases have historically been known to waste money and the environment. But she also has a plane equipped with cashmere seats, among other comforts at home. LOLz! We laugh so we don’t cry. If only we could get our ass up and get to work…

However, at least unlike her ex-husband, Kimmy has money in the middle kardashian family series, as well as her businesses TO SLIDE, SKKNand KKW beauty. Hope we don’t forget one.

What are your thoughts, reader Perezcious?? Are you surprised to learn how some of these stars have used their hard-earned money? What is the first thing you will buy after being named a millionaire?

[Image via MEGA/WENN]

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