Celebrity Foreclosures
Celebrity Foreclosures
Just heard that Evander Holyfield, Ed McMahon, Jose Conseco and Michael Jackson have all been threaten by bank foreclosures. Millionaires losing mansions. My heart goes out to them.
- Og
- Og
I feel a little bad for Ed. I heard he had some kind of injury that kept him from working for a long time but then again you would think at his age he had put enough money away from The Tonight Show that he would be set for the rest of his life. The rest of these guys just pissed their money away. If they have to sell their 14 million dollar house and downsize I won't lose any sleep over that.
Ed broke his neck a year and a half a go but still runs his radio show out of his house. Jose Conseco just walked away from his house he said he couldnt afford it after a few failed marrages and alimony. Evanders yearly cost to keep his house running was 2 million (thats just stupid). And Michael Jackson is just a idiot, his a sexafender that built a house to lour kids to.
Ed broke his neck a year and a half a go but still runs his radio show out of his house. Jose Conseco just walked away from his house he said he couldnt afford it after a few failed marrages and alimony. Evanders yearly cost to keep his house running was 2 million (thats just stupid). And Michael Jackson is just a idiot, his a sexafender that built a house to lour kids to.
Og, what can we learn from this?
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Jim
Jim
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I came to a conclusion a long time ago: many people will spend whatever they make no matter how much money that is. Rich people usually buy expensive things. It's all relative, just because you are rich doesn't mean you can't go broke. If you buy things you can't afford and don't save money you will go broke. There's a lot of sports stars that spend money like they will always make 10 million a year. When their carreer ends after a few years they probably haven't saved enough money to contiue their life style.
I came to a conclusion a long time ago: many people will spend whatever they make no matter how much money that is. Rich people usually buy expensive things. It's all relative, just because you are rich doesn't mean you can't go broke. If you buy things you can't afford and don't save money you will go broke. There's a lot of sports stars that spend money like they will always make 10 million a year. When their carreer ends after a few years they probably haven't saved enough money to contiue their life style.



