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First celebrity victims of financial crisi$

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They earn much, they lose much…

Hope none of you has been hit by global financial crisis.

While some people managed to stay financially intact, some have lost a pretty penny. Some celebs have lost up to a quarter of their fortunes (!) last year because of the recession.

According to The Sunday Times, Amy Winehouse has lost some $7 million in 2008. Wonder if she’s aware of it enjoying herself in St. Lucia.

IF YOU SEEK AMY >>

British singer Robbie Williams got very much affected by the global financial crisis losing about $36 million of his $150 million fortune.

Paul McCartney lost about $ 90 million. But in his case, we should blame the crisis as well as his ex Heather Mills who chopped a lot of his multi-million fortune pie while their highly publicized divorce last year.

Elton John lost about a half of his $350m bank account. I’d be upset if I were him. But I’m not, fortunately.

There are still little celebrity-losing-money-stats available, but anyway. Paris Hilton had to cut down on her appearance fees because of the financial crisis. She must be terribly upset and distraught about it, don’t you think?

Ex basketball player-now-property-developer Magic Johnson invested in 110 Green St. Development LLC. The company filed for Chapter 11 bankruptcy protection in early 2009. Oops.

Not the best time for throwing money around, yeah sure.

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Category: Celebrity News

April 29th, 2009

Posted to: Amy Winehouse, Elton John, Heather Mills, Paris Hilton, Paul McCartney, Robbie Williams

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