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Celebrity That Lost A Fortune: Wayne Newton

Midnight Man

By Midnight Man

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Wayne Newton is an American singer, entertainer, and actor, who most notably performs in Las Vegas, Nevada. His most popular songs are “Daddy, Don’t You Walk So Fast”, “Years”, “Red Roses for a Blue Lady”, and “Danke Schoen”. Even though Wayne Newton was listed as the highest paid entertainer in the world in the 1983 edition of the Guinness Book of World Records, he filed for bankruptcy protection in 1992 after collecting over $20 million in debt following a slew of bad investments and filed for Chapter 11 bankruptcy protection in 1992.

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