Celebrities Who Have Gone Broke During Their Career: Jessica Simpson and More Stars’ Money Woes

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These onetime multimillionaires have confessed they’re strapped for cash.

Some stars, like comedian Jim Carrey and singer Jessica Simpson, have names that hold a legacy within households. However, their high-profile name doesn’t always mean they have the money to match! In some cases, their money was never theirs to begin with.

In Touch dives into a list of celebrities who admitted to going broke and opened up about their financial woes. Some stars’ money trees have dried up over their career, while others started to bloom again.

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Jim Carrey

“I bought a lot of stuff, and I need the money, frankly,” the actor recently said of his reason for coming out of retirement to make movies like Sonic the Hedgehog 3.

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Sharon Stone

While she was recovering from her debilitating 2001 stroke, “people took advantage of me,” the actress has said. “I had $18 million saved because of all my success, but when I got back into my bank account, it was all gone. My refrigerator, my phone — everything was in other people’s names. I had zero money.”

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Mike Tyson

While he insisted he didn’t participate in the recent, widely panned Netflix bout with Jake Paul for the $40 million payout, the boxer once squandered a $300 million fortune, admitting in 2010 he was “totally destitute and broke.

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Nicolas Cage

I was over invested in real estate,” the actor admitted of being $6 million in debt, which he says he eventually paid off by doing a series of “crummy” movies.

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Jessica Simpson

I did have to ask my mother for money,” the singer confessed of how she bought back her billion-dollar fashion brand. Her mom, Tina’s, condition? “Control your spending a little bit better.” (Jess even had to call Tina to authorize a purchase at Louis Vuitton in 2023!)

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