Michael Francis Foley Sr. also known as Mick Foley or Mankind is one of the most favored pro-wrestling personalities of all-time. At the peak of the Attitude Era in the WWF where Stone Cold Steve Austin and The Rock dominated, Mick Foley was truly the people's champ of that era. His death-defying acts in the ring and rivalry with The Undertaker provided him with the moniker, The Hardcore Legend. Foley and The Undertaker participated in never-before-seen matches including the 'Buried Alive' and 'Boiler Room Brawl' matches which technically had no rules.
His dedication to risking his body has created some of the greatest moments in pro-wrestling history. Not to mention, Foley had the personality that capsulated the masses. Throughout his three-decade career, Mankind was the first-ever WWF Hardcore Champion, a three-time WWE Champion, an eight-time WWF Tag Team Champion, a two-time ECW Tag Team Champion and so much more. Since his departure from wrestling in 2013, Mick Foley has been a New York Times Best Selling author, comedian, and WWE Hall of Fame inductee in 2013. When it comes to wrestling legends, Mick Foley defines what it means to truly be a legend in professional wrestling.
Not all celebrities have fame and fortune, some are just famous – and in a ton of debt. They came from rags to riches, then went back to rags. Whether they’ve filed bankruptcy, ended up in court, or just can’t stop spending, celebrities mismanage their money just like everyone else. They just hide it well.
50 Cent coined the term “wanksta,” then “partied like it was his birthday” until he filed Chapter 11 bankruptcy in 2015. The rapper was said to be anywhere between $10 million and $50 million in debt. In 2016, a federal bankruptcy court judge in Connecticut approved a plan for the founder of G-Unit to pay his debts back. He was able to get his bankruptcy discharged in February of the following year.
Following a 45-year-long career in Hollywood, acting in more than 70 films, actor Gary Busey found himself in more debt than he was worth. In 2012, it was reported that Busey owed between $500,000 and $1 million worth of debt, but only had $50,000 to his name. The 74-year-old actor owed money to hospitals, banks, the L.A. Waterworks District, and even a storage company. He filed Chapter 7 bankruptcy that same year. Despite his longstanding career in Hollywood, Busey's net worth is now only $500,000.
Burt Reynolds is still worth five million dollars, but his battles with debt date back more than 20 years. Between bad investments and a pricey divorce from actress Loni Anderson, the 1970s superstar had to deal with over $10 million in debt and decided to file Chapter 11 bankruptcy in 1996. While testifying in a 1994 custody hearing, the South Florida native said he spent $40 million getting through his divorce.
The former Hollywood bad boy, Charlie Sheen owes the IRS nearly $5 million. But that's not all. In 2016, his net worth was reportedly still as high as $150 million, but he was nonetheless $12 million in debt at the time – including mortgages, legal fees, and taxes. That same year, Debt.com reported Sheen owed nearly $300,000 on an American Express card alone.