In 1989, Kim Basinger purchased Braselton, Georgia — a one-stoplight town with just 500 residents — for $20 million. She reportedly planned to revitalize the town and build a movie studio there. However, the actor backed out of a film she'd agreed to star in, and the studio sued her for breach of contract. When Kim was ordered to pay over $8 million, she filed for bankruptcy and later reached a settlement.