The housing market imploded, and Walker, still busy with the tail end of his NBA career, was unable to pay attention to which of his properties were actually worth something. By 2010, he was bankrupt. Today, Walker has a somewhat stable career as a basketball analyst, but admits that he doesn't even own a car anymore, and is currently reduced to using Uber to get around. Which is probably the most tragic part of this whole story, given that conversations with your Uber driver are awkward enough without the guy recognizing you and asking what happened to your Bentley.
Dave Foley Fathered His Way To Misfortune
Comedian Dave Foley graced our giant boxy TVs throughout the '90s in shows like NewsRadio and Kids In The Hall. He remains active in stand-up, and after his long and storied career lasting three decades, he has managed to accumulate an impressive net worth of ... negative $500,000. In other words, he would have been better off if he'd spent the last 30 years sitting on his sofa in his underwear playing Teenage Mutant Ninja Turtles on the NES.
He'd probably still be trying to finish it.
Unlike some of the other people in this article, Foley never made any spectacularly bad financial decisions or unwise purchases. Rather, like the flaming wreckage of a car that hit a moose on the highway, Dave's bad situation is due solely to bad timing and being Canadian.
Where The Money Went
In 1997, Foley broke up with his wife and the mother of his two children, who were thankfully the same person. At the time, his career was going great. He was earning about a million dollars a year, largely from his role in NewsRadio. Child support for his kids ran about $17,000 a month, but who cared? When you're earning a million dollars a year, you probably find more than that between your couch cushions after a weekend rich-people party.
But then disaster struck. NewsRadio was cancelled, and Foley's income dropped quicker than mine almost did when I submitted an article titled "5 Reasons Cracked.com Is For Stupid Jerks." Despite his massively reduced income (according to that link in the first paragraph, he now makes around $4,000 a month), a Canadian judge then ruled that Foley was obliged to keep up the child support payments because his children deserved to live at the comfort level they were accustomed to.
"Divorce is hard enough on a child without depriving him of the gold-plated prostibot he expects for his 15th birthday."