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In the 1990s, MC Hammer ruled the airwaves with his smash hit single "U Can't Touch This," and album Please Hammer, Don't Hurt ‘Em, which sold more than 18 million units. At the height of his popularity, Hammer (real name Stanley Burrell) was said to be pulling in $30 million a year, but instead of spending his money wisely, he bought a $1 million mansion and had 200 servants working there full time. He also had a home in California that he spent $30 million on renovating, and a stable of 19 thoroughbreds. Hammer was hit by a lawsuit from Rick James (whose bass riff he sampled) and ended up $13 million in the hole. He turned to Christianity and has staged a series of comebacks, none of which have proven successful. In 2011, he attempted to take on Google by launching a search engine called Wiredoo, which never left beta mode.

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Wealthy Celebrities Who Eventually Went From Rich To Broke
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