Photo by Serge Rocco from shutterstock.com

3. Courtney Love

Everybody knows Courtney Love, especially because she was connected to Kurt Cobain, who was considered a God among musicians. Love even had her own band, but a serious drug problem and way too much overspending led her to massive financial issues.

When she was at her lowest point, without even a house to live in, Courtney had $4000 and she moved with her daughter, Francis Bean Cobain, into an apartment that was rented. When her husband – Kurt Cobain, the lead singer of Nirvana – died, she inherited over $200 million, as well as the publishing rights to all of band’s songs.

She didn’t know how to manage that much money and in a few years she lost almost all of the rights, because of lawsuits.

Therefore, she was forced to sell the rights to the Nirvana songs as well as her house.

Next, he may have been a king, but not of his finances…..

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