Mississippi is another one of those states that continues to crank out NFL legends. From Walter Peyton to Brett Farve to Jerry Rice, the true battle for king of Mississippi lies between Rice and Peyton, but with a 21 year long career, we had to go with the greatest wide receiver of all-time on this one. During his college career, at Mississippi Valley State, Rice broke the NCAA single-game reception record with 24 catches against LSU in 1983. The record-breaking only continued after he was selected 16th overall in the 1984 NFL Draft by the San Francisco 49ers where he played the majority of his NFL career.
Rice won all three of his Super Bowls as a member of the 49ers and was named the third wide receiver ever to win Super Bowl MVP for his 11 catch, 215 yard effort in Super Bowl XXIII. The Hall of Fame receiver currently holds NFL records for most receiving yards with 22,895, receptions with 1,549, receiving touchdowns with 197, and total touchdowns with 208. There isn't a receiver alive that doesn't want to be like the 13x Pro Bowler, Jerry Rice.
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.