8. Gary Busey

It would appear that Hollywood actors definitely need some help with handling all of their money.

Gary is an American actor who has appeared in films such as “The Buddy Holly Story” (1978), “Big Wednesday” (1978), “Lethal Weapon” (1987), “Point Break” (1991), “Under Siege” (1992), “Black Sheep” (1996), “The Gingerdead Man” (2005), and many more.

He’s made guest appearances on “Gunsmoke,” “Walker,” “Texas Ranger,” “Law & Order,” “Scrubs” and “Entourage.” The actor was nominated for an Academy Award for Best Actor in 1978 for his role in “The Buddy Holly Story.”

He has had quite an amazing career, but what exactly happened to his wealth?

Gary Busey was a staggering $57 million in debt. Much of this sum was chalked up to medical expenses and credit issues. Though he is no longer under those debts, he did still owe the IRS $450,000, but he somehow managed to exonerate himself from bankruptcy last year.

The actor didn’t have to pay $57,303.63 worth of unpaid bills to the multitude of creditors including banks, doctors and utility companies. He also got to keep $26,000 worth of assets. Having good lawyers is apparently a must in Hollywood today.