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Celebrity That Lost A Fortune: Allen Iverson

Midnight Man

By Midnight Man

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Allen Iverson is an American retired professional basketball player who played for four different teams Philadelphia 76ers, Denver Nuggets, Memphis Grizzlies, Detroit Pistons, and in 1996, he was NBA Rookie of the Year, a bonafide superstar, raking in $154 million during his career, but due to a his ridiculously huge entourage and love of bling (he once owed $860,000 to a jeweler), he lost everything in 2012, including his career and marriage.

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