You may not be feeling great about filing for bankruptcy (see Biblical History of Bankruptcy), but you are not alone.  Many famous people and celebrities have filed for bankruptcy.  Through History and even currently, famous, educated and uneducated people, with all their money and advisers have gone through hard times. Here is just a small list of celebrity bankruptcies as well as many historical figures who’ve filed for bankruptcy…by the way, several on the list had to file for bankruptcy more than once.


P.T. Barnum – The Greatest American Circus Owner
Kim Basinger – Oscar Winning Actress (1993)
Toni Braxton – Rock Star
Natalie Cole – Singer
Gary Coleman – “whatchoo talkin’ ‘bout Willis?”
Francis Ford Coppola – Oscar Winning Film Director
David Crosby – Singer/Songwriter
Mick Fleetwood – Lead Member “Fleetwood Mac”
Don Johnson – Actor
Cyndi Lauper – Rock Star
Meat Loaf – Rock Star
Willie Nelson – Those Taxes Will Get You
Tom Petty – Rock Star
Burt Reynolds – Did the Divorce Cause It?
Dino De Laurentis – Oscar winning film producer
Cathy Lee Crosby – Actress

Historical Figures

Thomas Jefferson – 3rd U. S. President
Abraham Lincoln – 16th U.S. President
Ulysses S. Grant – 18th U.S. President
William McKinley – 25th U.S. President
Mark Twain – Humorist – best selling author
Walt Disney
Henry Ford – Ford
William Fox – 20th Century Fox Film Corporation
Rembrandt – Painter
Immanuel Nobel – Founded Nobel Prize
H.J. Heinz – Founder Heinz Ketchup (okay, at least historical to me and my love of Heinz Ketchup)
Daniel Defoe – Author – Robinson Crusoe
Henry Dunant – Red Cross Founder
Johannes Gutenberg – Inventor of movable type
Nelson Bunker Hunt – Infamous for trying to corner the silver market
George Frideric Handel – Messiah Composer
Frans Hals – Dutch Painter


Frank Baum – Author of a small book “The Wizard of Oz”
John DeLorean – Before his car went “Back to the Future”
Heidi Fleiss – “Entrepreneur”
Stan Lee – Comic Book Legend – Co-creator “Spider Man”, “The Incredible Hulk”, and many more
Donald Trump – Entrepreneur and “Entertainer”?
Mike Tyson – “Iron Mike”
Johnny Unitas – Hall of Fame Quarterback
Leon Spinks – Boxer
Oskar Schindler – Saved over 1000 Jews from the Nazis – The guy from the movie
Robert Kiyosaki – Rich Dad, Poor Dad Author
Bernard Kerik – Prior NYC Police Commissioner
Eli Jacobs – Prior Owner Baltimore Orioles
Randall Terry – Operation Rescue Founder
Buddy Post – Lottery Millionaire
John Wayne Bobbitt – I assume for medical reasons, but no guarantees