10 worst celebrity business owners

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highland145

Lifer
Oct 12, 2009
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Some of these I already knew but Lenny Dykstra was a surprise. Must have really have messed up to have to give his entire pension to the ex.

In just one lifetime, World Series champion Lenny Dykstra has managed to drive all of his businesses into the ground and file for bankruptcy. He has also been ordered to give his entire $5,700-a-month pension to his former wife, and is now trying his hand at being homeless.

The former New York Mets star claims he's homeless, with $37 million in debts after running various businesses he started into the ground, including his The Players Club magazine and car washes that he owned. Dykstra filed for bankruptcy in July 2010, but lost control of his case when a bankruptcy judge ruled he could no longer administer his own finances.

Dykstra has claimed he's the victim of predatory lending after he bought hockey legend Wayne Gretzky's mansion in Thousand Oaks, Calif., for $17.5 million with a $12 million loan in 2008 -- at the height of the housing crisis. He intended to flip the mansion for $25 million.

http://www.walletpop.com/blog/2010/09/23/10-worst-celebrity-business-owners/?icid=sphere_copyright
 

rasczak

Lifer
Jan 29, 2005
10,437
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Yea, I remember reading an article about Dysktra's money troubles a couple of years ago. It was shortly after watching a show about him having been successful at the stock market, which probably led to his downfall. (the stock market i mean)
 
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