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71 Celebrities Who Went Broke & Couldn’t Pay Back Their Loans & Mortgage Rates

#66. Sly Stone

The funk legend revealed to The New York Post in 2011 that he was homeless and living out of a van he parks in Los Angeles. Sly blamed his problems on substance abuse, mismanagement and spending beyond his means.

#67. Margot Kidder

Let’s remember the sad story of the former Lois Lane, whose life fell apart. After starring with Christopher Reeve in four Superman movies, a 1990 auto accident left Margot with huge medical bills—and bankrupt. She also battled bipolar disorder, which caused her to sleep in backyards around Los Angeles in 1996. The actress is now reportedly free of manic episodes and involved in liberal political causes.

#68. Warren Sapp

The former NFL star filed for bankruptcy in April 2012 after having blown the $82 million he’d earned in his career. Fans soonlearned of his lavish spending on bizarre items, such as a rug made out lion hide and more than 200 pairs of Air Jordans. In 2012, Sapp owed $6.7 million to his creditors — nearly a million of that to the IRS — and only had $6.45 million on hand.

#69. Curt Schilling

The Boston Red Sox star helped his side win the 2004 World Series, bringing a close to their 86-year championship drought. However, Schilling could not convert his on-field success into his business success, as the latter required thorough personal finance management skills. His game development company, 38 Studios, did not perform the way he expected, and Schilling eventually went bankrupt.

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