From Burt Reynolds to Johnny Depp, why do so many mega-rich celebs go broke?

[mystery-ak]

Opinion
From Burt Reynolds to Johnny Depp, why do so many mega-rich celebs go broke?

By Maureen Callahan

July 25, 2018 | 8:34pm

Now 64 and enjoying a second career as host of “Comedians in Cars Getting Coffee,” Jerry Seinfeld breathes such rarefied air that guests on his show — who have included Dave Chappelle, Tina Fey and then-President Barack Obama — invariably state some version of this sentiment: “Jerry, why are you here, talking to the likes of me, when you could just be home sitting on your pile of money?”

And Seinfeld shrugs and laughs as if to say, “Yes, that is true.”

So it’s sobering to read the deep and detailed civil complaint filed by producer-director-writer Christian Charles, who has worked with Seinfeld since 1994, over the creation and production of “Comedians.” One scene in particular stands out.

“At a meeting on July 30, 2011, at the Princess Diner in Southampton, New York, Seinfeld expressed to Charles that Seinfeld’s representatives George Shapiro and Howard West (“Shapiro West”) were pressuring Seinfeld to come up with a new television show and/or stream of revenue after the negative reception and cancellation of Seinfeld’s television show ‘The Marriage Ref.’ ”

Could Jerry Seinfeld really need money? Jerry Seinfeld, who made a reported $220 million when his eponymous ’90s sitcom went into syndication? Who, according to Forbes list of 2018 Celebrity 100 Earnings, has a net worth of $57.5 million?

more
https://nypost.com/2018/07/25/from-burt-reynolds-to-johnny-depp-why-do-so-many-mega-rich-celebs-go-broke/

[Frank Cannon]

As a percentage, I don't think they do. It's just that when it happens it is always a shitshow that makes headlines.

[thackney]

Jerry Seinfeld unloaded a collection of 17 cars at an auction over the weekend. The total haul: $22.2 million.

https://www.foxbusiness.com/features/a-22m-haul-for-jerry-seinfelds-car-collection
March 14, 2016

I don't think he is hurting for cash.  The show is primarily to show off his car collection.

Jerry Seinfeld’s Car Collection (USA)
http://supercars.agent4stars.com/power-cars/jerry-seinfelds-car-collection-usa/



150-cars, sold 15 Cars in Auction
Rare Porsches, resides in Manhattan not far from his home in Central Park West.

At one time the comedian owned a record 46 Porsche models.

3-story complex $1.4 million dollar garage.
Seinfeld’s has his own fleet management team.

[mountaineer]

At the height of his fame — a five-year stretch as Hollywood’s top box-office earner — Reynolds was making $10 million a year. He sank that into, among other things, six mansions, a private jet and helicopter, custom cars, the Burt Reynolds Dinner Theater in Jupiter, a stake in the Tampa Bay Bandits, a nightclub, a doomed restaurant franchise that cost him $20 million, and $100,000 in toupees made by a man considered “The Armani of Hair Replacement.”

I think we have our answer.

[corbe]

[Weird Tolkienish Figure]

Johnny Depp is broke?

[Weird Tolkienish Figure]

And I guess the answer is yes:

https://www.iol.co.za/entertainment/celebrity-news/international/bitter-broke-and-a-drunk-the-downward-spiral-of-johnny-depp-15710249

And yet the guy is in like every Tim Burton movie ever. Hard to believe.