We often hear about celebrities making exorbitant money and living lavish lifestyles, but what happens when they take it a little too far? These stars have blown their fortunes on questionable purchases, from expensive cars and designer clothes to extravagant parties and private jets. Here are 17 celebs who blew their money on stupid things.
Kim Basinger’s Town
In the 1980s, actress Kim Basinger bought an entire town in Georgia called Braselton for $20 million. She had plans to turn it into a tourist destination with movie studios and other attractions. Still, the project never took off, and she eventually sold it for a fraction of the price.
“It’s the biggest mistake I’ve ever made,” Basinger said in an interview with E! News. “I could have bought an airline with that money for what I spent.”
Mike Tyson’s Tigers
Former heavyweight champion Mike Tyson had a collection of pet tigers that cost him over $4 million. He also spent thousands of dollars on their food and maintenance, leading to financial troubles later in his career.
“I was foolish,” Tyson said in an interview with GQ Magazine. “There’s no way you can domesticate these cats 100 percent. There’s just no way that’s going to happen.”
Johnny Depp’s Wine
Actor Johnny Depp is known for his extravagant spending. Still, one of his most questionable purchases was $30,000 a month on wine. That’s over $350,000 a year just on alcohol.
Nicholas Cage’s Dinosaur Skull
In 2007, actor Nicholas Cage outbid Leonardo DiCaprio for a rare dinosaur skull at an auction. He paid $276,000 for it and even had to return it later when it was found out that it was illegally smuggled into the country.
“I did not win that auction,” Cage said in an interview with David Letterman. “I was the victim of a con artist.”
Lady Gaga’s Ghost Detector
Singer Lady Gaga reportedly spent over $50,000 on a ghost detector to protect her from spirits while on tour.
“My ghostbuster told me she could feel spirits around me,” Gaga said in an interview with Vanity Fair. “She just wanted to make sure we were safe on the road.”
Michael Jackson’s Elephant
The late King of Pop had a pet elephant named Gypsy that cost him thousands of dollars in maintenance and travel expenses.
“Gypsy is very sweet,” Jackson told Oprah Winfrey in an interview. “But they grow to be huge, and he’s a male elephant. So they need like 300 pounds of food a day.”
Kanye West’s Diamond Teeth
Rapper Kanye West spent $60,000 on diamond teeth implants in the shape of his initials.
“I just thought that diamonds were cooler,” West said in an interview with Ellen DeGeneres ##
Britney Spears’ Wedding
Singer Britney Spears had a lavish wedding to ex-husband Kevin Federline that cost over $2 million, including a $40,000 cake and a helicopter entrance.
“I might have gone a little overboard,” Spears said in her documentary For the Record. “But I was young.”
Mariah Carey’s Dog Villa
Singer Mariah Carey spent $325,000 on a villa for her eight dogs while on tour.
“I like to keep my kids in luxury,” Carey said in an interview with Ellen DeGeneres. “And they’re the only ones that will never talk back to me.”
Justin Bieber’s Private Jet
Pop star Justin Bieber reportedly spent over $60 million on a private jet for himself and his entourage.
“You kind of feel like a superhero, flying on your own plane,” Bieber said in an interview with Vanity Fair. “It’s pretty sick.”
Floyd Mayweather’s Jewelry
Boxer Floyd Mayweather is known for his extravagant lifestyle, which includes spending millions on jewelry and accessories.
“You can call it flashy if you want to,” Mayweather said in an interview with Sports Illustrated. “But I like the finer things in life.”
Lindsay Lohan’s Rehab Stays
Actress Lindsay Lohan has reportedly spent over $2 million on various rehab stays throughout her career.
“There’s nothing left for me to do but go there,” Lohan said in an interview with Oprah Winfrey. “Every time I’ve gone to rehab, it’s been court-mandated.”
Beyoncé’s Golden Leggings
Singer Beyoncé spent over $100,000 on gold leggings for her 2018 Coachella music festival performance.
“I wanted to do something that felt like empowerment,” Beyoncé said in an interview with Vogue. “For me, it wasn’t about perfection. It was authenticity.”
Mike “The Situation” Tanning Bed
Reality TV star Mike “The Situation” Sorrentino famously had a tanning bed in his home, which he reportedly spent $8,000 on.
“I like to have a little color,” Sorrentino said in an interview with People Magazine. “But it’s not all about the GTL.”
Celine Dion’s Water Park
Singer Celine Dion spent over $20 million on a water park in her backyard for her children to enjoy.
“We have so much fun here,” Dion said in an interview with People Magazine. “It’s like, wow, we’re in Las Vegas!”
Nicolas Cage’s Pyramid Tomb
Actor Nicholas Cage has purchased numerous extravagant items. Still, one of the most unusual is a pyramid-shaped tomb in New Orleans that cost him $3.4 million.
“I don’t know what it costs to build pyramids these days,” Cage said in an interview with Vanity Fair. “But it was reasonable.”
Paris Hilton’s Dog Mansion
Socialite Paris Hilton reportedly spent over $325,000 on a luxury dog mansion for her numerous pets.
“They deserve the best,” Hilton said in an interview with Ellen DeGeneres. “They’re like my children.”
These are just a few examples of celebrities who spend money on extravagant and sometimes unnecessary things. While it may seem entertaining or even admirable to some, it’s important to remember that excessive spending can lead to financial troubles and even bankruptcy.
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