Celebs who aren’t able to afford their lavish lifestyles anymore

[post_page_title]George Forman[/post_page_title]

Boxer and entrepreneur George Foreman certainly has had his fair share of ups and downs in his career. The Olympic gold medal champion and world heavyweight title holder was raking in the money in the ’70s so he decided to retire from the sport in order to fulfill his dream of becoming a Christian minister. He moved to Houston, Texas and opened a center for troubled youth.

George Forman

Unfortunately, his fortune eventually dwindled away and he wasn’t able to keep up with the high costs of the center, leaving him no choice but to file for bankruptcy in 1983. Luckily, a lucrative endorsement deal selling grills brought his net worth back up again, and then some.

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