Charlie Sheen’s Nearly Homeless After Depleting His Massive Fortune, How Did He Lose It All?

Celebrities are the perfect example that any person has the power to change their fate to achieve their dreams and be successful in life. We’ve heard inspiring stories on how these public figures once struggled to earn paychecks from working on multiple jobs to generating millions of dollars now, thanks to their back-to-back projects and endorsements.

While most celebrities work on preserving or multiplying their wealth, unfortunately, there are those who stray from their path and end up losing all their fortune. One of them is the renowned actor Charlie Sheen who revealed in a heartbreaking confession how he depleted his astounding $150 million and ended up nearly homeless during his struggle to settle his debts.

The Fame

Charlie Sheen got his biggest career break when he starred in the TV series, Two and a Half Men, where he earned an astounding $1.8 million per episode! Aside from the paychecks he got from the project, Sheen started getting back-to-back endorsements, movies, and TV project deals that enabled him to grow his net worth to a staggering $150 million! The renowned actor also snagged awards from the prestigious Golden Globes and Emmy Awards.

Charlie Sheen became the highest-paid TV actor after starring in Two and a Half Men

To say that Sheen’s life has vastly changed since his successful television stint isn’t an exaggeration. While most of his fans expect him to splurge his wealth as a reward for all his hard work, they didn’t anticipate Sheen’s life to take a 180-degree turn in a matter of a few short years. According to the management, the renowned actor breached the provisions of their contract when he started projecting misbehaviors, forcing them to cancel their project and fire him. Unfortunately, that was just the start of Sheen’s demise.

The Downfall

Sheen was plunged into multiple controversies as he got involved with substance abuse, alcoholism, and controversial linkups with females that tainted his reputation in the industry. The studio also cited in its grounds for dismissing the actor that he was unable to perform his job on the show due to heavy drug influence and even made derogatory comments about the show and actors.

Sheen’s life went downhill after producers and companies refused to ink deals with him

He also made some controversial and bizarre comments on social media as well as during interviews that made the people questioned his sanity and well-being. Since his exit from the show, Sheen’s monthly salary plummeted from $600,000 to $167,000. Unfortunately, this stipend isn’t enough to support his luxurious lifestyle.

The Astounding Debts

Sheen is struggling to maintain his expensive lifestyle as he’s required to give $500,000 every year to support his children, not to mention he also need to pay $25,000 each to his two ex-wives. On top of that, Sheen also owes an astounding $86,000 in mortgage for his Beverly Hills mansion. The mortgage lender put the massive seven bedrooms and bathrooms home in pre-foreclosure until Sheen pays off his debt.

Sheen has been trying to sell his astounding $8.5 million Beverly Mansion for months, to no avail

The once renowned actor also has to pay hefty medical expenses to treat his HIV. There’s no knowing how Sheen can recover from his downhill and be back in the entertainment industry after he got blacklisted in the Hollywood, but his fans still give him best wishes that he can overcome this dark chapter in his life and be successful once again. They also hope this serves as a lesson for him not to take his massive wealth for granted.