Why Did They Lose It All? 15 Stories of Bankrupt Celebrities


No.3: Burt Reynolds

Source : WIKIMEDIA COMMONS
[Hollywood Star Brought Down by Divorce and Overspending]

Once dubbed “the sexiest man alive,” Burt Reynolds was a Hollywood golden boy in the 1970s. But by the early ’90s, the shine had faded. Film roles dwindled, and his 1993 divorce from actress Loni Anderson saddled him with steep alimony payments.

In 1994, after losing his Florida mansion and with mounting debts, Reynolds declared bankruptcy. His downfall shocked fans, but he didn’t disappear. His role in Boogie Nights (1997) earned him an Oscar nomination and helped revive his career—making him a symbol of both Hollywood glamour and grit.

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