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Duty 3 year s ago
#7 This is why you can't believe the BS on the internet. Mark Twain did lose a lot of money but went on a world tour and paid back every cent; he didn't die broke at >75< but was quite wealthy when he did.
Toni Braxton
Anyone else remember her from their 90’s childhood? I do. Despite the fact that he was huge once upon a time, making $170 Million, she ended up with a mere $1,972 from all her record sales.
Ever hear of the term ‘Debt Millionaire?’ It’s when a record label gives you millions in advance of your next record, then the next and the next and when the record sells, the label gets paid back. Braxton spent her money on designer clothes, jewelry, homes, etc.. but stopped producing hits. She ended up spending money that wasn’t hers, and in the end, went broke.
