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Shopping & Fashion

Millionaire Celebrities Who Went BROKE Because of Their Spending Habits

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March 29, 2021
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Most of us have just one goal in life, and that is to be rich. While there’s one camp that asserts that money can’t buy happiness, there is another that argues that, well, it actually can. And it doesn’t matter which side you’re on, there’s no denying that everything has a price tag.

The wealthier you are the more lavish your purchases can get. This is exactly what happened to these multi-millionaires who had so much money that they started spending it on the most bizarre things. From gold-plated toilet paper to ghost detectors, here’s everything the ultrawealthy splash their millions on.

Lady Gaga: Ghost Detector

Lady Gaga is the queen of all things bizarre. From her fashion sense to strange music videos and red carpet appearances, it’s safe to admit that the singer isn’t a conventional artist by any means. But she took everyone by surprise when she spent $50,000 on a ghost detector because of the fear of being haunted.

Joe Seer / Shutterstock | The singer is not one to care about what people have to say about her

But that’s not it. The singer also hired a NASA chemist to help her with her ‘steamy’ live performance. The scientist was paid $52,000 for helping Gaga design a teacup-shaped dress that emitted steam while she sang on stage.

Nicolas Cage: Exotic Pets

Once upon a time, Nicolas Cage was one of the most sought-after actors in Hollywood worth $200 million. But that was before he went on a crazy spending spree, blowing through $150 million in 15 years.

If you’re wondering what he spent his entire fortune on, it was a string of bizarre purchases from a $150,000 pet octopus to a $150,000 superman comic. Cage’s estimated net worth today is $25 million and it has been that way for quite a few years now. Has he finally learned his lesson? Probably.

Mike Tyson: Tigers and Gold Bath Tubs

Leonard Zhukovsky/Shutterstock | Tyson once bought not one, but three, Bengali tigers for $70,000

There are very few professional boxers who are recognized as well as Mike Tyson. While he owes much of his fame to his glamorous career, the boxer has also made headlines for the most bizarre reasons.

The athlete once bought not one, but three, Bengali tigers for $70,000, and even hired a trainer for them who earned an annual salary of $125,000. He also has a bathtub made with 24-karat gold fitted in his bathroom. The lavish purchase set him back by $2.2 million. No wonder he filed for bankruptcy in 2003. 

Kanye West: Bling Bling

everett225/Shutterstock | West gifted his daughter North a diamond-encrusted tiara for her birthday

Kanye West is a big earner and an equally big spender. The rapper-turned-entrepreneur is one of the only billionaires in the music industry, so naturally, his taste is as expensive as his annual tax report. The rapper is a big fan of jewelry, and have even gifted his daughter North a diamond-encrusted tiara for her birthday.

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