10 Black Celebrities Who Went Through Embarrassing Foreclosures

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Rihanna foreclosure

Rihanna

Back in 2009, singer Rihanna purchased a home in Beverly Hills, California, for nearly $7 million. Unfortunately, flooding left the home seriously damaged and the Bajan beauty defaulted on the payments. Eventually, the home was sold for $5 million.

 

Holyfield foreclosure

Evander Holyfield

The former heavyweight champion couldn’t fight off the banks when his Georgia mansion went into foreclosure in 2012. Holyfield owed a whopping $14 million on the home. It was sold at auction for nearly half that at only $7.5 million.

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