Katy Perry is known for her over-the-top music videos and such an example would be the California Girls video, where Katy is seen frolicking around in a land full of candy and desserts. Katy had used a fancy cupcake trampoline in the video, which made quite a statement. The trampoline was later auctioned off by Katy to raise money for Tsunami victims.
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The incredible Burt Reynolds had also been hit by money troubles, and of course, desperate needs lead to desperate measures. Burt had to sell off his Golden Globe award to raise money to pay his mortgage.
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Kim Basinger went on to become so iconic, there was a whole town named after her. The town called Braselton in Georgia was purchased by Kim in 1989 with $20 million. But years later, when Kim’s career saw a steep decline, and she was way in over her head in debts, she sold her town to keep herself out of bankruptcy.
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The Spice Girls may have dominated the music industry for over a decade, but a time came when their former manager Paul Cattermole was almost bankrupt and had to sell off the Brit Award trophy received by the band.
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