Celebrities Who Died in Debt
Life moves fast and even more so, for the rich and famous and often celebrities just do not cope well. Frequently this situation leads to dreadful coping habits due to their fame. Often they have less at the end, than what they actually started with. Even though their talent brought fame and fortune, fate dealt them many personal struggles and financial difficulties.
Judy Garland (1922-1969)
Judy Garland was blessed with many astounding roles throughout her career starting out as a young starlet. She is best known for her role as Dorothy in the Wizard of Oz. This young star won many awards amongst them, an Academy Award and was a celebrated Hollywood star. However, living the high life from such a young age had its misfortunes too.
By the time she reached her 40s, Garland had already suffered from a number of health and mental issues as well as frequent drug use. In 1969 the actress died from an accidental overdose at the age of 47, owing thousands of dollars to the IRS.
Garland died with a debt of $4 million.
Marvin Gaye (1939-1984)
Dubbed the Prince of Motown, Marvin Pentz Gaye was one of the most influential artists in the American music industry. The Washington born Gaye excelled as a singer, songwriter and even as a record producer but unfortunately his downfall was managing his finances.
Following two failed marriages, Gaye forfeited large portions of his royalties to his two ex-wives as alimony. Soon thereafter, the Motown Legend filed for bankruptcy.
Just under a year after his final tour, Gaye was shot and killed by his father Marvin Gaye Sr. It is estimated that at his death he was $9.2 Million in debt of which almost half was owed to the IRS.
As far as music legends go, Michael Jackson is said to be the greatest of them all. A man, who was loved and adored by millions, held the world in the palm of his hand, undoubtedly until the day he died.
The Thriller hit-maker possessed a unique style that influenced numerous artists and music genres during as well as after his career. Unfortunately with his ever-growing fame and ill repute, he held no peace. Following the first of multiple allegations of paedophilia, Jackson’s personal life became the centre of attention as he started relying heavily on painkillers to cope with the stress caused by the accusations as well as his deteriorating health.
The news of Jackson’s controversial death spread fast causing spikes in web traffic all over the world. It is said that by the time of his death, Michael was almost $500 million in debt.
With the world constantly watching, there is no escape from personal demons. Whilst fame and fortune go hand in hand, it often is the foundation of a troubled life.
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