Rev. Gilbert H. Caldwell: Words Matter
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ses scrambling to get capital and credit. America's own celebrities and professional athletes have not been immune to the credit crunch. Despite having earned millions of dollars over the course of their careers, a growing number of celebs are facing the same problems as many middle- and working-class people. Whether brought on by tragedy or profligate spending, some stars are even caught up in the growing home foreclosure crisis.
Now, 2004 'American Idol' winner Fantasia is the most recent celebrity to suffer financial strife.
BV news now gives you a look some of the recent celebrities who are now at risk of losing (or have lost) their homes. ...
Leaving A Family Legacy
Will & Jada Smith have no problems with their children following in their footsteps in Hollywood.
Charley Gallay, WireImage
Willow & Jaden have both been cast into their father's movies.
Getty Images
Phillippi Sparks' son might not have carried on the family football tradition of the NFL cornerback. But his daughter found success in another field.
Stan Honda, Getty Images
Jordin Sparks, the winner of the sixth season of American Idol and sang the "National Anthem" for the Super Bowl XLII, which made he dad very proud.
Mark Mainz, FOX / AP
Actor Alan Thicke passed on his good looks to his son, but not the acting gene.
Michael Buckner, Getty Images
While Grammy Award winning singer Robin Thicke does acting on occasion, he actually carries on the legacy of his singer mother Gloria Loring, who co-wrote the theme songs to "Diff'rent Strokes" and "The Facts of Life" with his father.
Retna
A name as cool asCuba Gooding has to be passed down through generations. The elder Cuba Gooding, the lead singer of the soul group The Main Ingredient, has passed on his legacy of entertaining to his two sons.
Michael Ochs Archives, Getty Images
In Cuba Gooding, Jr. movie "Radio," there is a scene where he is listening to The Main Ingredient. He's pictured here with his brother Omar.
Gregg DeGuire, WireImage
Basil Patterson a labor lawyer and longtime political leader in New York and Harlem passed the torch to his son, the 55th Governor of New York.
Chris Hondros, Getty Images
Before becoming Governor, David Patterson represented the same Harlem district in the State Senate that his father did.
Spencer Platt, Getty Images
Comments: (5)
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By: Mac on 12/12/2008 11:39AM
I really do not care for celebrities who are losing their homes. What about the average person who loses their job or home. Where is their media coverage, who is gonna tell their story. Fantasia has two homes, lose one and still have the other one or cut another CD. Average person lose their home and there is the shelter. Sad!
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By: Crappiest Website online on 12/12/2008 11:31PM
Wyclef just got hit with the foreclosure stick for nonpayments on his crib in Miami.
I have the crappiest site
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By: PD ATL on 12/16/2008 6:34PM
I feel bad for ANYONE losing their primary home. It's where you raise your family and have the bulk of your memories. I don't feel so bad for those losing 2nd, 3rd, or 5th homes scattered across the country. Some accountants, money managers, and advisors may even suggest foreclosure. When "big company America" can't keep pace, they layoff, cutback, and downsize. Why can't the smaller guy do the same. If the cargo is sinking the boat, throw some of it overboard. Don't be found at the bottom of the sea with a full boat!!!
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By: Candance on 12/16/2008 7:20PM
T-Boz & Doug E. Fresh are losing their homes also.
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By: Taii on 12/17/2008 2:04PM
She is a damn fool! She should have purchased a normal $500,000 or less home and paid it off outright! What an idiot!
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