15 Shocking Celebs Who Went Bankrupt More Than Once

www.foxnews.com
www.foxnews.com

11. Wayne Newton

In spite of being a working entertainer since his high school days, Wayne Newton filed for bankruptcy in 1992. It was reported that he forcibly went into Chapter 11 because of the $20 million that he owed in debts, when he sued NBC for defamation. In 1999, he again went in a financial crisis, with his continual monetary issues. In 2005, Newton was sued by the IRS for over $1.8 million that he owed in penalties and back taxes. Moreover, in 2009, the Michigan airport officials claimed that he had not paid $60,000 for the storage fees of his plane, which was abandoned there for over three years.

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