Biggest Loser: Celebrity Home Edition
The "Great Recession" has been anything but great for most peoples' bottom line. According to the National Bankruptcy Research Center, over 1.5 million people have declared bankruptcy in 2010, while RealtyTrac reports that 1.05 million homes went into foreclosure the same year. Both of these rates are record high numbers, and the pain is being felt all over the country.
But if you think "making it big" will insulate you from the harsh realities of the economy, think again. Here are five big-time celebrities that have taken some big-time losses:
