Fans see their favorite celebrities dripping in diamonds and wearing the finest clothes, but all good things must come to an end.
Many people think that celebrities are exempt or immune to financial woes, but they're not. Their seven to eight digit bank accounts lead to financial freedom, but also make them targets for sketchy business deals.
STORY: T-Boz Files For Bankruptcy
With the unfortunate news of TLC's Tionne "T-Boz" Watkins filing for bankruptcy yet again, GlobalGrind decided to round up 10 celebrities who were once multi-millionaires, but lost it all thanks to bad spending habits and questionable business deals.
Check out everyone from MC Hammer to Cyndi Lauper in the gallery above!
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