Most celebrities live glam lives. They’re afforded fame and attention (the degree varying for how popular each celebrity is), and they are often associated with wealth (how much depending on what the celebrity does). Successful individuals in sports and entertainment are often afforded celebrity status. While being a celebrity provides advantages such as financial wealth and easier access to certain things that are much more difficult or downright impossible for non-famous people to attain, it’s not something to be taken for granted.
Just because someone hits it big, doesn’t mean that he or she is automatically “set for life.” Sometimes things can happen. Disastrous things that can negatively impact someone’s career and pretty much end their chances of being a top star ever again, unless they manage to make a comeback. We’ve all heard “rags to riches” stories, but you probably haven’t heard a lot of “riches to rags” stories if any at all.
Some stars achieve successful careers but manage to lose it all one way or the other. Some can effectively make a comeback to the entertainment industry, although they may not win back the same fame and acclaim they had before. Others aren’t quite so lucky.
If you want to see some of the celebrities who amassed considerable wealth but ended up losing it all, then check out this list of 15 celebrities who went from being famous to being homeless.
1. Ray Williams
Ray Williams was an NBA superstar from the late 1970’s through the mid-1980’s. He was captain of the New York Knicks during his fourth season (1980-81) with the team and reached the NBA Finals with the 1985 Boston Celtics team. Following his retirement after the 1986-87 NBA season, Williams faced financial woes and was forced to file for bankruptcy in 1994. He applied early to receive his $200,000 NBA pension but lost it all in a real estate scam. Williams had to work various jobs, such as a groundskeeper at a golf course and a bakery worker.
In 2010, the Boston Globe reported that the athlete was unemployed and sleeping in the backseat of his Buick in Pompano Beach, Florida. He did find a job as a “Recreation Specialist” in Mount Vernon, New York sometime later. Williams died in 2013 from colon cancer at the age of 58.