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Kim Basinger purchased the township of Braselton, Georgia.

In 1989, Georgia-native and actress Basinger as well as other investors bought 1,751 acres of the 2,000-acre town for $20 million. She wanted to turn the town's farmland into a tourist attraction and film studio.

In 1995, the town was auctioned off as part of Basinger's bankruptcy.

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Some Celebrities Spend Their Millions On Crazy Stuff
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