Entertainment

18 Absurd Ways Celebrities Have Wasted Their Money

2025-03-30

Author: Sophie

It's no secret that celebrities have extravagant lifestyles and, at times, they make questionable financial decisions. While most of us experience buyer’s remorse over small purchases, some stars have taken it to another level, spending outrageous sums on things that ultimately held little to no value. Here are 18 jaw-dropping examples of celebrities splurging cash like there's no tomorrow!

1. Colin Jost's Regretful Ferry Investment

Comedian Colin Jost once spent $280,000 alongside Pete Davidson to buy a retired ferry. Colin later admitted to People, "It is absolutely the dumbest and least thought-through purchase I've ever made in my life." Four years in, they still haven’t finalized plans for its use, but they are working towards turning it into a unique venue.

2. Cardi B's Car Collection Without a License

The rapper boasts a crazy collection of luxury cars, including Lamborghinis and a Bentley—yet, she doesn’t have a driver’s license. When asked about the purpose of such a collection, she candidly mentioned, "To take pictures with it." Fast forward to 2024, and she publicly took her first driving lesson on Instagram!

3. Brad Pitt's Treasure Hunt Gone Wrong

Brad Pitt fell for a scam in which he spent a fortune on equipment searching for buried treasure on his estate, convinced that it lay hidden since the Crusades. The dream turned sour when it was revealed the tip he received was just a ploy by a shady character to promote his radar company.

4. Kim Kardashian's Costly Engagement

Kim famously financed 80% of her $2 million engagement ring from Kris Humphries, which was tragically short-lived, lasting only 72 days before she had to return it to finalize the divorce. The ring was sold at auction for a mere fraction of its original cost!

5. Lil Uzi Vert's Dangerous Bling

In a bold statement, Lil Uzi Vert spent $24 million on a pink diamond implanted in his forehead. Just four months later, the gem was ripped out at a concert. Thankfully, he still retains the diamond, though its original vision has transitioned into a wild story.

6. Kesha’s Sparkly Obsession

The pop icon Kesha once revealed that she spent thousands every month on glitter! Her goal? To cover the world in shimmering sparkle. After all, what is a concert without a cloud of glitter, right?

7. Nicholas Cage's Stolen Skull

In one of the more bizarre purchases, Cage bought a dinosaur skull for $276,000 only to have it confiscated by the authorities when they found out it was stolen. The actor willingly returned the artifact to Mongolia, turning a cool investment into a hefty loss.

8. Meek Mill's Unused Mansion

Meek Mill bought a stunning mansion in Georgia for investment purposes but never moved in. He later listed it for sale, which culminated in Rick Ross snagging the property for $4.2 million. Talk about living large without actually living there!

9. Kim Basinger’s Town Purchase

Actress Kim Basinger once bought the quaint town of Braselton, Georgia, for $20 million with big plans to develop it. However, the anticipated transformation never materialized, and the town was sold years later for a fraction of the price.

10. Justin Bieber’s Gold Grill

For a Halloween costume, Bieber splurged on a $5,000 gold grill. While it was an extravagant accessory, it spoke volumes about the world of celebrity fashion and trends.

11. Kai Cenat’s Regret Over a Hat

Internet personality Kai Cenat spent $6,000 on a Chrome Hearts biker hat and later deemed it a regrettable buy, humorously branding it “probably the dumbest purchase” he’s ever made.

12. Danny Dyer’s Counterfeit Louis Vuitton

Actor Danny Dyer tried to snag a Louis Vuitton bag via eBay, only to discover it was a counterfeit. His daughter recounts their airport escapade, where the bag gave out and spilled their belongings everywhere.

13. Justin Timberlake’s Expensive Wine

In a humorous tweet from 2021, Chrissy Teigen recalled an experience with a $13,000 bottle of wine that was recommended at a restaurant. The couple couldn’t even finish it!

14. Logan Paul’s NFT Fiasco

The YouTuber famously dropped $623,000 on an NFT only for its value to tumble to a mere $10 a year later. In an ironic twist, he turned this mistake into an NFT collection of his own.

15. Kevin Hart’s NFT Disaster

The comedian bought a Bored Ape NFT for $200,401, only to resell it for just $47,000 two years later—an 81% loss.

16. Heidi Montag and Spencer Pratt’s Apocalypse Spending

The couple reportedly splurged over $10 million preparing for the supposed Mayan apocalypse in 2012, only to find it was nothing but a myth.

17. Betty Gilpin’s Spent Earnings on Uber and Cannabis

The actress confessed that her first paycheck went mostly to cabs and marijuana in New York, reminiscing about how she could have used that money more wisely for meaningful investments.

18. Noel Gallagher: The Driver Who Never Drove

The Oasis star owns an impressive car collection but has never even taken the driving test! One of his most regrettable purchases, a Jaguar, remains untouched, stuck in his garage for years.

These jaw-dropping purchases remind us that fame does not always equate to financial wisdom. Share these stories, and let us know what you think about their extravagant spending habits!