Phil Spector
celebrities sold everything,celebrities sold house,celebrity house sales,celebrity debt,celebrity loves,celebrity lives,celebrity money,celebrity funds,celebrity bankruptcy,celebrity debt,mike tyson,
Phil Spector
It’s been suggested that Phil Spector will sell his home to to fund an appeal after receiving a 19-year sentence for the murder of actress Lana Clarkson. The legendary music producer is reportedly looking to sell his £700,000 castle, which he bought in 1998, and his music memorabilia, much of which came from people he worked with during his career, to raise the cash. When Spector bought the castle he told Esquire magazine, “I’ve brought myself a beautiful and enchanting castle in a hick town.” The hilltop home’s surrounding walls bear a sign that reads “Phil Spector’s Pyrenees Castle.”
We’re a little concerned that Phil may have some trouble shifting the castle, as it was the home where Lara Clarkson was murdered.
We take a look at other celebrities that have been forced to sell up when the going gets tough.
Gary Glitter
celebrities sold everything,celebrities sold house,celebrity house sales,celebrity debt,celebrity loves,celebrity lives,celebrity money,celebrity funds,celebrity bankruptcy,celebrity debt,mike tyson,
Gary Glitter
Gary Glitter sold his English country home in 2006 to raise funds for his trial on child abuse charges. The ’70s star raised £360,000 for the sale of his sprawling estate in Somerset, south west England while he waited in prison on charges of committing obscene acts with two girls aged 10 and 11 at his residence in the Vietnamese resort of Vung Tau.
Michael Jackson
Michael Jackson,money,celebrity lives
Michael Jackson
Michael Jackson was forced to give up the deeds to his famous Neverland ranch in November 2008, as a result of a downturn in his fortune. At the peak of his fame, the superstar invited thousands of children to play in the grounds and struck up close friendships with a number of young boys, which later resulted in child abuse allegations in 1993 and again in 2003.
Although the first dispute ended in an out of court settlement and the second in his acquittal, the cases took a heavy toll on his health, career and finances. Following his 2003 arrest on charges of molesting a 13-year-old boy, his empire began to crumble and Jackson was forced to sell most of his music publishing holdings to Sony and, in 2006, to close the main house on the Neverland ranch and relocate to Bahrain.
Gordon Ramsay
celebrity,celebrities behaving badly,gordon ramsay
Gordon Ramsay
Gordon Ramsay sold his Ferrari to save himself from his own kitchen nightmare. The TV chef revealed how his business was threatened with ruin as debts to the taxman soared past £7m. Ramsay’s accountant reportedly wanted him to give up control of his firm so they could sell off parts of the business, but the fiery chef refused.
Ramsay said, “It was the b*****king ever. They told me I was f*****. It’s been an absolute s*** fight. We were told to go into administration. Tana [his wife] and I discussed selling our house.” The dad-of-four explained they kept afloat by spending £5m of their own cash. In an effort to raise money Gordon even sold his sports car. “God I loved that Ferrari,” he told the Sunday Times, “We have got rid of our losses. We’ve got strong trading. Stop now? No way. The best is yet to come.”
Britney Spears
Britney Spears,money,celebrity lives
Britney Spears
Britney Spears was reported to be unloading her six-bedroom, six-bathroom Studio City, California home for £3.4m, according to The Los Angeles Times in September 2008. The pad, which came complete with a pool, spa, arbor and three garages, was being offered for sale partially furnished and decorated. Britney had to flee the home twice last year to be hospitalised at the UCLA Medical Center.
Her father Jamie, confirmed that the star was “looking for a fresh start,” and in March last year a court granted him the power to “sell or dispose of” an undisclosed number of her seven cars after he was placed in legal control of his daughter’s affairs.
Mike Tyson
celebrity,money,celebrity lives
Mike Tyson
Having become a household name with his swift moves during a career that amassed him £165m, Mike Tyron was declared bankrupt in 2003 with debts of more than £100m. He was forced to sell his sumptuous mansions along with his collection of exotic cars and now lives in a rented home in Phoenix.
Kim Basinger
celebrity,money,Kim Basinger,celebrity lives
Kim Basinger
In March 1993
Kim Basinger pulled out of Boxing Helena four weeks before shooting. Sued by the studio, she had to declare herself bankrupt to settle the £6m claim. That decision came soon after her decision to buy the town of Braselton, Georgia in 1989 for £12.5m, which she also had to sell.
