Celebrities Who Lost Millions in Horrible Business Investments

In the late 1980s, the actress bought the small town of Braselton, Georgia, for $20 million, hoping to turn it into a popular tourist spot and a hub for movie-making. Unfortunately, the project didn’t attract enough attention and ran into serious money problems. After filing for bankruptcy, Basinger had to sell the town for far less than she originally paid. This remains a well-known example of a celebrity real estate investment that didn’t succeed.








