Mick Jagger Spent Millions Helping L’Wren
Posted by Andru Edwards Categories: Music, Clothing, Style, Obituaries, Rumors,
Mick Jagger reportedly spent millions helping L'Wren Scott's business.
The Rolling Stones rocker - who has an estimated wealth of around $330 million - was said to be hugely supportive' of his late partner, who was found dead in an apparent suicide on Monday, and did his best to get her fashion label out of debt.
However, L'Wren - who hanged herself in her New York apartment - was "embarrassed by what had happened" financially. "L'Wren was left terribly upset by what was going wrong with her business, none more so than when she was forced to cancel her London Fashion Week show in February. She was a proud woman and understandably embarrassed by what had happened. While Mick was there for her every step of the way trying to help out as best he could, the situation must have put pressure on their relationship," a source said.
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Aaron Carter Files for Bankruptcy
Posted by Andru Edwards Categories: D-List, Music,
Aaron Carter has filed for bankruptcy with a debt of $2.2 million.
The "Candy" hitmaker and younger brother of the Backstreet Boys' singer Nick Carter has reportedly been dealing with crippling debt, while earning just $1,998 a month. The 25-year-old owes $1.3 million in unpaid tax and $31,166 on an American Express credit card, among other debts.
"Aaron filed for Chapter 7 Bankruptcy protection to alleviate past issues in an effort to move forward with his life and career. The overwhelming majority of the debt he is asking to be discharged is from more than 10 years ago when he was a minor and not in control of his finances," his representative Steve Honig told E! News.
Aaron first shot to fame in the late 1990s. His most popular album, Aaron's Party (Come and Get It), was released in September 2000 and sold over 1.5 million copies. Despite his financial problems, Aaron has pushed on with his music comeback and continues to play concerts. Although he has not released an album since 2002, he appeared on reality show Dancing with the Stars in 2009 and is currently on tour.
Charlie Sheen Helps Lindsay Lohan Pay Debts
Posted by Andru Edwards Categories: Movies, Television, Kind Acts, Rumors,
Charlie Sheen is allegedly helping Lindsay Lohan pay back her debts.
The former Two And A Half Men star reportedly sent the 26-year-old troubled actress a check for $100,000 to cover almost half of her hefty tax bill after they bonded while filming Scary Movie 5 together.
A source close to the Liz & Dick star told gossip website TMZ.com that she and Charlie became very close while filming the movie in September and talked about everything including her enormous debts. The 47-year-old father-of-five is said to have instantly offered to write her a check to help her out and she declined. But according to insiders, she was overjoyed when he sent the generous check directly to her business manager last week and immediately used it to pay off a huge chunk of her $233,904 tax bill.
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Nicolas Cage Settles $6 Million Debt
Posted by Andru Edwards Categories: Movies, Legal Issues,
Nicolas Cage has settled $6 million of his tax debt. The Ghost Rider: Spirit of Vengeance actor has cleared almost half of the $13.3 million debt he owes for taxes in 2002 to 2004 and 2007 after he paid off $6,257,005.
Nicolas has blamed his former business manager Sam Levin for his problems, though he has countered this, claiming actor was overspending. "Over the course of my career I have paid at least $70 million in taxes. Unfortunately, due to a recent legal situation, another approximate $14 million is owed to the Internal Revenue Service (IRS), however, I am under new business management and am happy to say that I am current for 2009. All taxes will be paid including any to be determined state taxes," he said in 2010.
The 48-year-old actor's spending is legendary, and Sam has claimed that by 2008 the star owned "15 palatial homes around the world, four yachts, a Gulfstream jet and millions of dollars in jewelry and art."
Nicolas was forced to sell off many of his assets, including properties in California, Las Vegas and New Orleans as well as a British castle, yachts and a 67-million-year-old dinosaur skull worth $276,000.
Ed McMahon: Trump to the Rescue
Posted by K.C. Morgan Categories: Television, Kind Acts, Legal Issues, Breaking News,
Ed McMahon’s foreclosure troubles are finally coming to a close - and not in the way any of us expected. When the aging star announced his financial problems might soon leave him homeless, the world was shocked and dismayed. But, Ed, you used to announce Johnny Carson! Thanks to multi-millionaire Donald Trump, McMahon can continue kicking golf balls around his property - and the bank can stop breathing down his neck.
The Donald will purchase the McMahon home, circumventing foreclosure and keeping Ed in the style to which he has become accustomed - and the two didn’t even have to get married first. “I don’t know the man, but I grew up watching him on TV,” Trump told the media.
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E! Online
Michael Jackson Keeps Neverland Ranch
Posted by Veronica Santiago Categories: Music, Sports, Legal Issues, Rumors,
Despite coming narrowly close to losing his Los Olivos home, Michael Jackson has managed to stay on as owner of Neverland Ranch.
The 2500-acre property was set to go on the auction block next week due to unpaid taxes. Luckily for Jackson, his lawyers were able to work out a private agreement that would allow him to refinance his $24.5 million debt.
It’s unclear at this point whether the singer will opt to hang on to the home or attempt to sell it on his own terms. Michael has not actually lived on the estate since the whole 2005 child molestation scandal.
David Beckham - Victoria’s better half - is one of the parties rumored to be interested in the property.
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