Celebrities who lost money and went broke

I came across this youtube video that list the top 10 celebrities that have gone broke in the recent decade and I was stunned to find just how much liability these music artist have and how easily they can lose all their fortunes. Why is it that celebrities do not hold their managers and accountants responsible for their money management. From hip hop artist to Hollywood actors you can see a bad pattern of losing money quickly and not ever getting to recover. Sports athletes like Allen Iverson are the classic examples. Here are some more artist who are losing money and will soon end up in the broke area:

MC Hammer Net Worth

50 Cent net worth

Mike Tyson net worth

Chief Keef Net Worth

Tyga Net worth

Toni Braxton net worth

I guess the morale of the story is save your money and spend wisely!