12 Celebrities Who Made Millions and Went Broke

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Chris Tucker

Chris Tucker, actor

Chris Tucker had become what few actors could brag about –  the face of a successful franchise film. In 2007, Tucker negotiated a $25-million film deal to appear in Rush Hour 3, which made him the highest paid actor in Hollywood at the time.

Three years later, TMZ uncovered court documents that revealed Tucker owed $11 million in back taxes from 2001, 2002, 2004-2006, 2007. Tucker was forced to sell two Florida mansions and another in L.A. to pay down his debts. Last year he reportedly paid nearly $1 million toward the debt.

The “Friday” actor has been working steadily, including in a critically acclaimed role in the 2012 film “Silver Linings Playbook.”

broke snipes

Wesley Snipes, actor

Wesley Snipes was perhaps the most bankable Black male actor next to Eddie Murphy in the 1990s. Snipes continued to star in feature films in the early part of the millennium, however he filed for bankruptcy in 2006. That same year, Snipes was indicted for tax fraud for failing to pay over $12 million in taxes over the course of six years.

Snipes was released from prison in  April 2013 after serving three years.

Snipes is expected to appear in the film The Expendables 3 later this year.

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