Celebrity life comes with a lot of fame and fortune, which is usually reflected by their astounding net worth and earnings. Just to give you an idea, singer Taylor Swift earned as much as $185 million in 2019, according to Forbes. Meanwhile, Business Insider puts her current net worth at $360 million. On the other hand, reality star Kylie Jenner earned as much as $170 million this year. She boasts a net worth of $1 billion.
This is precisely why most celebrities you love tend to drive the nicest cars and live in palatial mansions. They also wear the most expensive clothes and jewelry. Indeed, celebrity life is often about opulence. And for a select few, they take opulence one step further by acquiring their own a private jet. Let’s take a look at who these celebs are, along with others who have become seriously broke:
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20 Owns A Private Jet: Harrison Ford
Actor Harrison Ford has starred in a lot of hit movies over the years. He also happens to be an experienced pilot and aviation enthusiast. According to a report from the Daily Mail, Ford currently owns as many as 10 planes. And just last June, he was seen ushering his family onboard an $18-million Cessna Citation Sovereign private jet.
19 Can’t Afford A Car: Nicolas Cage
Actor Nicolas Cage may have amassed quite a sizable fortune in the past, but that doesn’t mean that he’s been able to enjoy a lavish lifestyle in more recent years. As it turns out, he squandered away his fortune. According to CNBC, some of his most expensive purchases include $3 million on a deserted Bahamas island, $3.4 million for a mansion in New Orleans, and $25 million for a waterfront home in Newport Beach, California. In 2018, it was revealed that Cage owed the IRS $6.3 million. He was also facing foreclosure on several of his properties.
18 Owns A Private Jet: Oprah Winfrey
As you may know, Oprah Winfrey started out as a talk show host and later became a true entertainment mogul. During an interview with British Vogue in 2018, Winfrey referred to her airplane as her “greatest luxury.” She also revealed that she decided to purchase it after an encounter at the airport. She recalled, “One of the things that actually caused me in 1991 to get my own plane, I was in the airport and I was just minding my own business and a woman came up and she said, 'You're not acting like you do on TV.”
17 Can’t Afford A Car: Toni Braxton
Grammy-winning singer Toni Braxton isn’t exactly having the time of her life in recent years. As you may know, she has had to file bankruptcy twice in the past. The first time was back in 1998 when Braxton revealed that she was only receiving 35 cents per album. This was despite her music earning around $188 million, according to the Los Angeles Times. Meanwhile, her second filing came just as Braxton was struggling with her health.
16 Owns A Private Jet: Lewis Hamilton
Formula One driver Lewis Hamilton has been living the life in recent years. Aside from owning some extremely hot cars, he also purchased a candy red Bombardier Challenger 605 back in 2013. However, earlier this year, it was revealed that Hamilton has decided to sell his jet. According to reports, the move comes after the champion driver said hewas determined to cut back on his carbon emissions. Meanwhile, according to Reuters, Hamilton also remarked in October, “That's been a big change in my habits. I've avoided trips if I didn't need to do them.”
15 Can’t Afford A Car: Pamela Anderson
There was a time when Pamela Anderson was somewhat of a household name, thanks to her success on the long-running television show Baywatch. However, that period is gone and in recent years, there have been reports that Anderson is struggling financially. In fact, in 2009, reports were circulating that Anderson owned over $1 million to back taxes and contractors. However, she disputed that claim with a statement to People.
14 Owns A Private Jet: Beyoncé And Jay-Z
Beyoncé and Jay-Z are considered music royalty. And so, it only makes sense that the couple choose to fly private anywhere they go in the world. Back in 2012, Beyoncé decided to surprise her husband with a Bombardier Challenger 850 for Father’s Day. According to FlyerTalk, the jet has been outfitted with two bathrooms, a bedroom, and a kitchen. Moreover, it can also accommodate 15 to 19 passengers.
13 Can’t Afford A Car: Dustin Diamond
Dustin Diamond is an actor, comedian, musician, and director who fell on hard times after starring on the hit sitcom Saved by the Bell. In 2012, news emerged that Diamond was involved in a $17 million Ponzi scheme. Upon the discovery of his involvement, Diamond was ordered to turn over the funds he acquired from it. A few years later, Diamond also got in trouble with the law after being convicted of two misdemeanors. The actor was asked to serve jail time.
12 Owns A Private Jet: Jim Carrey
Actor Jim Carrey has enjoyed a long and successful career in Hollywood, starring in films such as Liar Liar, The Truman Show, and The Mask. Today, Wealthy Gorilla estimates that Carrey has a net worth of $150 million and one of his biggest assets is a Gulfstream V private jet. And according to MBSF National Private Jet Charters, it has an estimated value of $59 million.
11 Can’t Afford A Car: Aaron Carter
Musician and former child star Aaron Carter seemed like he had everything going for him in the past. However, in 2013, Carter’s financial woes were exposed after he decided to file for bankruptcy. And it seems that Carter believes that his parents were to blame for his situation. According to Huff Post, he explained, “Under the Coogan Law, [my parents] were supposed to be putting 15 percent of my money into my Coogan Account. I got, like, $2 million when I turned 18 years old. I should have had at least $20 million in my account.”
10 Owns A Private Jet: Tom Cruise
Veteran actor Tom Cruise also happens to enjoy the high life. In fact, Cruise is a proud owner of a Gulfstream G450. According to a 2012 report from the Hollywood Reporter, this private jet had an estimated cost of $35 to $38 million. Meanwhile, a pre-owned unit was estimated to cost around $24 million. And in case you’re wondering about maintenance, Liberty Jet estimates that it will cost around $1,398,875 to keep this jet flying 200 hours each year.
9 Can’t Afford A Car: Tila Tequila
It seems like social media star Tila Tequila went from successful to broke in just a few years. According to a 2016 report from She Knows, Tequila once started a GoFundMe campaign to help get more money. On the page, she explained, “The reason why I am creating this GoFundMe campaign is because they have raised the rent at my old home to $4,500 a month, and being a single mother without any support from the father, it can sometimes be very tough taking care of 2 people with only a 1 person income.”
8 Owns A Private Jet: John Travolta
Unlike other celebrities, actor John Travolta doesn’t just sit back and relax in the back of his private jet. Instead, he flies it himself sometimes. After all, Travolta happens to be a licensed pilot. Moreover, his house is big enough to house an airport where he can look on and admire his ever-growing fleet. According to Beam Aviation, these include a Gulfstream II, Boeing 707, and Eclipse 500.
7 Can’t Afford A Car: Courtney Love
Kurt Cobain’s widow, Courtney Love, once enjoyed a net worth of $150 million. However, she later revealed that she had lost some of her “Nirvana money” over the years. According to a report from the Business Insider, Love “finally and officially” sold 25 percent of her share of Nirvana’s publishing rights in 2006. In recent years, Love has had no known projects or source of income. However, according to People, she still receives $95,496 a month from the rights and a further $6,784 in dividends.
6 Owns A Private Jet: Celine Dion
Canadian singer Celine Dion is known for hit tunes such as “The Power of Love,” “Because You Love Me,” “It’s All Coming Back to Me,” and “My Heart Will Go On.” According to Forbes, Dion has an estimated net worth of $380 million at present. And among her most prized possessions is a Bombardier BD 700 Global Express XRS. According to the Telegraph, it was purchased for a cool $42 million and came outfitted with a full kitchen and several bathrooms.
5 Can’t Afford A Car: Tionne "T-Boz" Watkins
Tionne “T-Boz” Watkins is a former member of the Grammy-winning girl group TLC. In 2011, it was revealed that Watkins had filed for bankruptcy. According to a report from TMZ, documents revealed that she owed as much as $768,642.99 to her creditors. This was mostly due to the mortgages on her $1.2 million home. Meanwhile, at that time, it was reported that Watkins was earning $11,700 each month in income. However, she was spending as much as $8,821.
4 Owns A Private Jet: Tyler Perry
In Hollywood, Tyler Perry enjoys various roles. On the one hand, he is an incredible actor and comedian. Once behind the scenes, however, Perry can also serve as a writer, director, and producer. With all of this combined work, it is no wonder that he now has an estimated net worth of $600 million, according to Wealthy Gorilla. And so, it’s no surprise that he has his own jet. And according to The Hill, Perry recently used a private plane to deliver supplies to The Bahamas after the area was left devastated due to Hurricane Dorian.
3 Can’t Afford A Car: Gary Coleman
The late Gary Coleman was once among the highest-paid actors in the industry, thanks largely to his role on Diff’rent Strokes. However, in 1999, it became clear that Coleman’s financial situation had become dire. That year, he declared bankruptcy and revealed that he had a hard time finding other steady acting jobs after starring on the successful tv show. Coleman passed away in 2010. He was 42 years old.
2 Owns A Private Jet: Angelina Jolie
Just like Harrison Ford and John Travolta, actress, director, and goodwill ambassador Angelina Jolie also enjoys flying her own planes. According to Beam Aviation, among Jolie’s planes is a Cirrus SR22-G2 that is recognized as “one of the world's fastest single-engine aircrafts.” Costing an estimated $334,700, this plane can easily fly up to 300 miles per hour, which is perfect for short trips that Jolie may want to take with some of her kids.
1 Can’t Afford A Car: Teresa Giudice
It’s become evident that The Real Housewives of New Jersey star Teresa Giudice has been having some financial problems in recent times. In 2009, it was discovered that she and her husband, Joe, had decided to file for bankruptcy while making the claim that they owed creditors over $10 million. A few years later, the couple was charged with conspiracy to defraud lenders and illegally obtain other loans& mortgages. This eventually resulted in Joe being sentenced to prison.
Source: Forbes, Business Insider, Daily Mail, TMZ, Wealthy Gorilla