Elton John

Elton John is an iconic musician who has enjoyed a massively successful music career. He was able to sell over 300 million records worldwide, and currently ranks as the fifth best-selling musical artist in history, just behind Michael Jackson, Madonna, Elvis, and the Beatles. John continues to bring in millions to this day as he earned $85 million in just 2018 and 2019!

Many people know John to be a big spender. It’s incredibly shocking that he also lost a whopping $29 million due to financial mismanagement. The singer-songwriter then sought the counsel of his lawyer and sued his management agency, comprised of Andrew Haydon, and the accountancy firm PricewaterhouseCoopers. He moved forward with the case with hopes of being able to retrieve his money, but sadly, the lack of evidence paved the way for the case to be dismissed.