5 Famous People Who Went Famously Broke

Even Big Celebrities Not Immune From Bankruptcy

Craig Clough, Contributing writer

Millions of Americans have lost their homes and jobs in the last few years due to the recession.

Also: 5 Celebrity Foreclosures>

If you are one of the many people feeling the financial crunch, it may help (or hurt) to know that many famous celebrities with endless resources and means of income and during much better economic times have managed to blow millions of dollars.

Bad investments, bad decisions, bad marriages and plain old bad luck have all contributed to famous celebrities financial woes.

Of course, when you're a celebrity a multi-million dollar debt you can't pay is often just a minor setback. After all, that second-act comeback is right around the corner, right?

These days you just have your agent negotiate your own reality show or go on "Dancing With The Stars." These went about it in their own way.

Up First: Country Crooner Gets In Deep To Uncle Sam >>

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