20 Celebs That Went From Riches To Rags

Bollywood, like most other industries involves a lot of flaunting, where you must flaunt your wealth to hold on to your stardom. Expensive shoes, designer clothes, bags and jewelry worth lakhs of rupees is something you will have to do, irrespective of whether you like it or not. The money for these comes from the movies, stage performance, brand endorsements and other appearances that the actors do. However, celebrities often make wrong career choices that land them in a fix, where they may still have their status of being a superstar, but lose the money to flaunt it with. Some of the best-loved celebrities have gone through and recovered from this ordeal, and the following are 20 such actors whose bankruptcy came as a huge shock to their fans, but most of them recovered.

1. Amitabh Bachchan Amitabh Bachchan was born on October 11, 1942 in A >> Read More...

Remember how Kaun Banega Crorepati broke all records of TRP when it initially aired? Even now, when a new season starts, families sit together to watch the show. However, not many people know that it was the show that pulled Amitabh Bachchan out of hopeless bankruptcy when there was neither money nor films.

2. Preity Zinta Preity, also known as Preity Zinta is a famous Act >> Read More...

Let’s just say that Ishkq In Paris Click to look into! >> Read More... was not a good movie to be a producer of. The actress overnight lost all her money as the movie never even attempted to strike a chord with the audience. Although she denied the reports, the writer-director of Ishkq in Paris, Abbas Tyrewala Abbas Tyrewala is an Indian film director, story w >> Read More... dragged her to court for lack of payment, and she even had to rent out her apartment. Later, Preity admitted that it was Salman Khan Salman Khan is a very famous Indian actor and a pr >> Read More... who dragged her out of this financial mess.

3. Jackie Shroff Intro: Jackie Shroff is a well known Bollywood act >> Read More...

Today his son is delivering back to back hits and earning huge amounts of money. He, in the prime of his career, worked with many actresses, earned his share of money and won many hearts. However, things went downhill in 2008, and he went under Sajid Nadiadwala’s debt which he could not repay. It was one step away from getting worse when matters were about to be taken to court, but Salman Khan intervened, and Jackie paid his debt by selling his home.

4. Avtar Kishan Hangal Hindi film industry is the gateway to success for >> Read More...

‘Lagaan’, ‘Bawarchi’, ‘ Guddi Guddi is a Bengali-language televised show on Star >> Read More... ’, and ‘Sholay’ are just some of the many iconic movies that he has been a part of. The total number of films he has been a part of is 225, having received the Padma Bhushan during his successful career. Unfortunately, he led a long life full of sickness and died at 95. His son had appealed to the whole of Bollywood to help in his treatments, and people like Amitabh Bachchan and Karan Johar Karan Johar is one among the top ten celebrities i >> Read More... volunteered, but they were too late.

5. Cuckoo Moray Cuckoo Moray born in 1928 was an Anglo-Indian danc >> Read More...

She was once so loved and rich that she charged hefty fees for every dance she performed and had a car only for taking her dogs for a walk. She even helped Helen by financially helping her as she made her way into Bollywood. But as Helen gained prominence, she lost her fame and died of cancer, without even the money to buy painkillers.

6. Shah Rukh Khan Shah Rukh Khan or also known as SRK is a prominent >> Read More...

It may be hard to believe when you see his mansions and the awards he has won, but when ‘Ra One’ was released, Shah Rukh Khan saw financial loss like never before. He had produced the movie and put in all of his savings and earnings in the project, which was his children’s dream. But it never affected the Badshah’s image, and he still has a busy schedule and movies lined up.

7. Vijay Mallya Vijay Mallya is an Indian entrepreneur and a forme >> Read More...

The Kingfisher group was doing very well for itself; Vijay Mallya really was the king of good times as his alcohol business flourished. On his son’s birthday, he launched Kingfisher Airlines that took down with it his entire empire and a whole lot of the country’s money. Now he is hiding in another country and Indian government is as helpless as ever.

8. Raj Kapoor Raj Kapoor was a renowned actor, director, and pro >> Read More...

The actor has left behind him a great legacy; his family is carrying it forward. A huge part of his family, if not the whole of it is breaking records of achievements and each of them have humungous individual worth. Every member is earning crores with each project, and Kapoor in itself has become a brand. However, there was once a time when Raj Kapoor was ripped off all his money, due to his infamous Mera Naam Joker Story Soon >> Read More... . The movie became a hit much later, the initial public reaction was against the movie and Raj Kapoor, who was a producer, was reduced to a deplorable state.

9. Shweta Basu Prasad Shweta Basu Prasad is a famous name on television, >> Read More...

With great performances like ‘Makdee’, and her Karishma Ka Karishma that displayed her talent at a very young age, adult life and its harshness took its toll on her and she had to resort to prostitution. She was caught in a racquet and admitted that all doors had closed on her and she was left with no other option.

10. Jagdish Mali

Antara Mali’s father and a renowned photographer, it is believed that he was spotted by a former Bigg Boss Bigg Boss Tamil is the Tamil language version of t >> Read More... contestant, Mink Brar Born on 4th November 1983 as Mink Singh, Mink Brar >> Read More... on Andheri’s streets in a soiled shirt selling blankets. She immediately contacted Salman Khan who sent help, but he lost his cool when Antara denied the reports and declared her father mentally unstable. There are speculations that he may have been struggling with alcohol abuse and had to sell his studio due to his financial troubles.

11. Bharat Bhushan Bharat Bhushan born in Meerut city of Uttar Prades >> Read More...

Another actor who died penniless, he has acted in cult classics like Baiju Bawra and debuted with the film ‘ Chitralekha Chitralekha is a serial being telecast on ETV Kann >> Read More... ’. He reached new heights of stardom and acted opposite the likes of ‘ Madhubala Madhubala is regarded as the Venus of Indian cinem >> Read More... ’, ‘ Nutan Nutan Bahl was an old Indian actress. She was born >> Read More... ’, and so on. But his gambling addiction took away all his wealth and he had to resort to living in a chawl.

12. Govinda Govinda is a popular Bollywood star who is known f >> Read More...

At the launch of his daughter’s career in Bollywood, Govinda emotionally revealed that he has lived a time when he had no money even to pay for rickshaw, but then things started to look up for him when he signed 48 films in one go. He added that he hoped his daughter would also get a taste of the success.

13. Abhay Deol Abhay Deol is an actor and director of the TV indu >> Read More...

The film that ruined it all was ‘ One By Two Click to look into! >> Read More... ’. Despite having done only a handful of films, the actor had to sell his house to clear his debts after producing that movie as it had sunk miserably on the box office.

14. Shilpa Shetty A model turned actress, producer, entrepreneur and >> Read More...

When Rajasthan Royals could not release a promotional video; the beautiful actress revealed to the world through media that she had lost a lot of her money and now needed to save up in order to maintain their status.

15. Bhagwan Dada Bhagwan Abhaji Pandav, renowned as Bhagwan Dada is >> Read More...

Bhagwan Abji Pandav, better known as Bhagwan Dada was a remarkable dancer whose moves were copied by the likes of Amitabh Bachchan and Mithun Chakraborty When we talk about the few legends in the Indian f >> Read More... . One among his many popular songs is Bholi Surat Dil Key Khote, which even today can be heard on many occasions. Although he received help from a few organizations, he had to sell off his lavish bungalow and luxury cars to live in a chawl due to a series of flops that he had produced. The actors of today know how fickle the industry is, so they make investments in businesses and property, but Bhagwan Dada remained penniless until his last days.

16. Alisa Khan Alisa Khan is the recent promising star of Bollywo >> Read More...

This actress belonged to a royal family and her first film opposite Emraan Hashmi Emraan Hashmi is one of the most successful & cont >> Read More... has still not released. However, her family has already disowned her; her boyfriend has released an MMS of her and with other option left, she lives on the streets of the Indian capital.

17. Vimi Vimi was a Punjabi girl who got noticed by music c >> Read More...

The 1967 film ‘ Humraaz Story soon >> Read More... ’ gave unmatched fame to this actress despite being a wife and mother of two children. Her husband supported her when no one in her family did but the marriage soon ended in a divorce. Nothing good happened to her after that. She had no movie offers, had to sell Vimi Textiles, her business, and soon died of alcohol addiction. So bad was the case that her journey to the cremation ground was complete through a tea vendor’s cart.

18. Achala Sachdev Achala Sachdev is a legendary film actress. She w >> Read More...

A child artist from Peshawar, she is remembered more for her roles of a middle aged woman and old woman when she played mother or grandmother. She was the heroine of the classic song whose popularity never died, O Meri Zoharjabi, which was a song in one of the 130 films she appeared in. In her old age, when due to unfavorable circumstances she was left paralyzed, her son who was settled in America never bothered to contact her, nor did her daughter, who lived Mumbai. She died without attendants or family.

19. Meena Kumari Meena Kumari is a popular TV and film actress. She >> Read More...

Her personal life and her roles gave her the nickname of Tragedy Queen, even though she did do cheerful roles. What had been a dream come true wedding to the love of her life, Kamal Amrohi Syed Amir Haider Kamal Naqvi, better known as Kama >> Read More... turned into a cage which eventually suffocated her. She finished ‘Pakeezah’ despite her failing health and died soon after, leaving behind scores of bills and debts.

20. Chandra Mohan Chandra Mohan was born on 23rd May 1945 in Pammidi >> Read More...

This actor from Madhya Pradesh ruled the industry from the 1930s to 1940s. Known more than anything else for his skills with voice modulation and his soul searchingly large gray eyes, the actor appeared in some 20 films, including Amrit Manthan Amrit Manthan is an epic and strange story which i >> Read More... . He could have been the lead actor in Mughal-E-Azam, if not for his gambling and addiction to alcohol which took all of his wealth and his life at an incredibly young age of 44.