Iowa is in Ashton Kutcher's blood, and no matter where his career has taken him, he's never forgotten his roots. He's particularly interested in supporting the arts in his home state, and opening up the same path he's followed for those who want to come after him. He's often seen as a face in the crowd at college sports games in the state, and has offered acting classes in many schools and colleges. Iowa has also benefited from Kutcher's charitable side: he was the man who launched the Native Fund, which offers financial support for people affected by disasters.
Professionally, Kutcher's media profile was helped immeasurably by his marriage to Demi Moore, which elevated him above the level of fame he'd achieved as the star of the prank television show 'Punk'd.' He then went on to replace the troubled Charlie Sheen in 'Two and A Half Men,' before making his mark in the more 'serious' realm of acting by playing Apple founder Steve Jobs in the 2013 biopic movie 'Jobs.'
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.