Don Johnson can't pay his grocery bill - GoFuckYourself.com

boobmaster · 08-08-2004, 11:36 PM

How do celeb millionaires blow all their $$ like that?

http://news.yahoo.com/news?tmpl=stor...ople_johnson_2

fr8 · 08-08-2004, 11:37 PM

And he has a kid to top it off. But he has done alot of shit for his kid.

pxxx · 08-08-2004, 11:37 PM

I guess they get carried away.

korzon · 08-08-2004, 11:37 PM

that is sad

kmanrox · 08-08-2004, 11:42 PM

he had a bad coke problem if i recall correctly

Shoehorn! · 08-08-2004, 11:45 PM

That sucks, I thought "Nash Bridges" was doing good?

KRL · 08-08-2004, 11:47 PM

Very few actors have business skills. The studios and producers are the ones who make the lion's share of the big money in Hollywood.

There's probably not even 500 actors who make millions if that.

Then the cost of living big out there is nutzo. You can literally spend it as fast as it comes in.

The old time big name stars made their fortunes in real estate. Guys like Bob Hope, Bing Cosby and Dean Martin would take what was then worthless land instead of big paychecks. That land eventually became prime real estate worth a fortune. They were all frugal and watched their pennies.

Plus you have to remember even a star getting paid say $10 Mil a year has to give 10% to the agent, 5% to their lawyer, about 15% to all the other high end people that make them what they are, and then Uncle Sam scoops its bite. If an actor ends up with a couple mil left after everyone else take their end and they pay all their lifestyle bills, that's about it.

The only way to really accumulate wealth is to own part of the show or movie. Then you can get really wealthy. But only a handful can demand that kind of deal.

Alltopnotch · 08-08-2004, 11:48 PM

Brujah · 08-08-2004, 11:51 PM

What did he do with all the securities money ?

http://www.nydailynews.com/news/goss...7p-61896c.html

"Nash Bridges" actor Don Johnson is starring in a real-life episode of international intrigue - and he's not at all pleased with the casting.

German customs authorities are investigating Johnson after he was stopped with financial instruments valued at $8 billion, according to published reports. That's right: They say $8 billion.

Theo · 08-08-2004, 11:53 PM

yeah,i remember that event in germany,crazy amount, 8bil!!

Drake · 08-08-2004, 11:57 PM

Quote:

Originally posted by KRL
Very few actors have business skills. The studios and producers are the ones who make the lion's share of the big money in Hollywood.

There's probably not even 500 actors who make millions if that.

Then the cost of living big out there is nutzo. You can literally spend it as fast as it comes in.

The old time big name stars made their fortunes in real estate. Guys like Bob Hope, Bing Cosby and Dean Martin would take what was then worthless land instead of big paychecks. That land eventually became prime real estate worth a fortune. They were all frugal and watched their pennies.

Plus you have to remember even a star getting paid say $10 Mil a year has to give 10% to the agent, 5% to their lawyer, about 15% to all the other high end people that make them what they are, and then Uncle Sam scoops its bite. If an actor ends up with a couple mil left after everyone else take their end and they pay all their lifestyle bills, that's about it.

The only way to really accumulate wealth is to own part of the show or movie. Then you can get really wealthy. But only a handful can demand that kind of deal.

Exactly why Keanu Reeves made a killing on The Matrix. He demanded to be paid a percentage of proceeds rather than be paid a set amount before shooting. Smart move. Bob Hope, well yeah, huge real estate holder. Don Johnson took the 80's excesses a little too far unfortunately.

Michael Jackson won't be broke either with his investment in the Beatles recordings. He makes money every time a Beatles song is played. He may be in debt, but he can get out of it if he stops spending because he earns millions in royalties off the beatles music.

MikeHawk · 08-09-2004, 12:09 AM

Well ...it was some time in the mid 1980's ..partied in Hollywood at my ex partners house, he was in a Rock band, Don showed up and stayed for days, the boy could do his coke that is for sure..dont think he ever really gave it up..

no matter if you make 100 dollars or 100 million, you do that cocaine shit ...you will lose it all....no matter how much!

boobmaster · 08-09-2004, 01:12 AM

Quote:

Originally posted by MikeHawk

no matter if you make 100 dollars or 100 million, you do that cocaine shit ...you will lose it all....no matter how much!

Oh, yeah! Deinitely!

KRL · 08-09-2004, 01:16 AM

Quote:

Originally posted by Mike33
Exactly why Keanu Reeves made a killing on The Matrix. He demanded to be paid a percentage of proceeds rather than be paid a set amount before shooting. Smart move. Bob Hope, well yeah, huge real estate holder. Don Johnson took the 80's excesses a little too far unfortunately.

Michael Jackson won't be broke either with his investment in the Beatles recordings. He makes money every time a Beatles song is played. He may be in debt, but he can get out of it if he stops spending because he earns millions in royalties off the beatles music.

MJ mortgaged the Beatles catalog to the hilt to keep afloat.

boobmaster · 08-09-2004, 01:19 AM

Quote:

Originally posted by KRL
MJ mortgaged the Beatles catalog to the hilt to keep afloat.

There's always a faster way to spend it than to make it.

the real magoo · 08-09-2004, 01:45 AM

Thats sad

Don was my hero back in the 80´s. Still love to watch that Miami vice show

http://www.miami-vice.org/

pure energy · 08-09-2004, 02:00 AM

Quote:

Originally posted by boobmaster
How do celeb millionaires blow all their $$ like that?

http://news.yahoo.com/news?tmpl=stor...ople_johnson_2

He was also in trouble for smuggling some bank credit notes in Europe.

EviLGuY · 08-09-2004, 02:07 AM

Quote:

Originally posted by boobmaster
How do celeb millionaires blow all their $$ like that?

http://news.yahoo.com/news?tmpl=stor...ople_johnson_2

Thats fucked up.. see people by nature aren't savers. If you are raking in the cash, you think you'll ALWAYS be raking it in.

sixxxth_sense · 08-09-2004, 02:07 AM

these news ae so fucking OLD!!!

xclusive · 08-09-2004, 02:10 AM

God damn he is one dumb fuck but then again look at his hair...You know he can't be too smart...

08-08-2004, 11:36 PM	#1
boobmaster So Fucking Banned Join Date: Jul 2003 Posts: 6,185	Don Johnson can't pay his grocery bill How do celeb millionaires blow all their $$ like that? http://news.yahoo.com/news?tmpl=stor...ople_johnson_2

08-08-2004, 11:37 PM	#2
fr8 Confirmed User Industry Role: Join Date: Mar 2003 Posts: 5,074	And he has a kid to top it off. But he has done alot of shit for his kid. __________________ █ joesmut (a) gmail Dot com █ Full Stack Developer

08-08-2004, 11:45 PM	#6
Shoehorn! Die With Your Boots On Join Date: Oct 2003 Location: Hawaii Posts: 22,872	That sucks, I thought "Nash Bridges" was doing good? __________________

08-08-2004, 11:47 PM	#7
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	Very few actors have business skills. The studios and producers are the ones who make the lion's share of the big money in Hollywood. There's probably not even 500 actors who make millions if that. Then the cost of living big out there is nutzo. You can literally spend it as fast as it comes in. The old time big name stars made their fortunes in real estate. Guys like Bob Hope, Bing Cosby and Dean Martin would take what was then worthless land instead of big paychecks. That land eventually became prime real estate worth a fortune. They were all frugal and watched their pennies. Plus you have to remember even a star getting paid say $10 Mil a year has to give 10% to the agent, 5% to their lawyer, about 15% to all the other high end people that make them what they are, and then Uncle Sam scoops its bite. If an actor ends up with a couple mil left after everyone else take their end and they pay all their lifestyle bills, that's about it. The only way to really accumulate wealth is to own part of the show or movie. Then you can get really wealthy. But only a handful can demand that kind of deal. __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

08-08-2004, 11:48 PM	#8
Alltopnotch Confirmed User Join Date: May 2004 Location: Oakland Posts: 2,845	LOL __________________ WANT A FREE LAPTOP?

08-08-2004, 11:37 PM	#3
pxxx First African GFY Member Join Date: Mar 2004 Location: New Jersey Posts: 12,114	I guess they get carried away.

08-08-2004, 11:37 PM	#4
korzon Confirmed User Join Date: Jan 2004 Posts: 1,524	that is sad

08-08-2004, 11:42 PM	#5
kmanrox aka K-Man Industry Role: Join Date: Oct 2001 Location: The Gutter Posts: 29,292	he had a bad coke problem if i recall correctly

08-08-2004, 11:51 PM	#9
Brujah Beer Money Baron Industry Role: Join Date: Jan 2001 Location: brujah / gmail Posts: 22,157	What did he do with all the securities money ? http://www.nydailynews.com/news/goss...7p-61896c.html "Nash Bridges" actor Don Johnson is starring in a real-life episode of international intrigue - and he's not at all pleased with the casting. German customs authorities are investigating Johnson after he was stopped with financial instruments valued at $8 billion, according to published reports. That's right: They say $8 billion. __________________ Free Premium Domain Lists and Tools at Clickmojo.com For Sale: Obscenity.com

08-08-2004, 11:53 PM	#10
Theo HAL 9000 Industry Role: Join Date: May 2001 Posts: 34,515	yeah,i remember that event in germany,crazy amount, 8bil!!

08-09-2004, 12:09 AM	#12
MikeHawk Confirmed User Join Date: Jan 2004 Location: In bed with Harley Girl....Not sleepin Posts: 6,683	Well ...it was some time in the mid 1980's ..partied in Hollywood at my ex partners house, he was in a Rock band, Don showed up and stayed for days, the boy could do his coke that is for sure..dont think he ever really gave it up.. no matter if you make 100 dollars or 100 million, you do that cocaine shit ...you will lose it all....no matter how much! __________________ THE AMBUSH INTERVIEW

08-09-2004, 01:45 AM	#16
the real magoo So Fucking Banned Join Date: Sep 2001 Location: EU Posts: 1,637	Thats sad Don was my hero back in the 80´s. Still love to watch that Miami vice show http://www.miami-vice.org/

08-09-2004, 02:07 AM	#19
sixxxth_sense So Fucking Banned Join Date: Nov 2003 Location: T.O. Posts: 2,430	these news ae so fucking OLD!!!

08-09-2004, 02:10 AM	#20
xclusive Too lazy to set a custom title Join Date: Apr 2004 Location: Buffalo, NY Posts: 35,218	God damn he is one dumb fuck but then again look at his hair...You know he can't be too smart... __________________ I support MediumPimpin.com / Shemp's Outlawtgp.com /