Land-of-Sin crooner, Wayne Newton, is no stranger to financial woes. He filed for bankruptcy relief in 1992 after racking up upwards of twenty million dollars in debt. In 2010, the singer faced additional financial woes from his former pilot who claimed he was owed about five hundred thousand dollars in back-pay, and from a defaulted business loan owed to billionaire Burton Smith to the “tune” of some three million dollars and change.
In 2013, a partnership Wayne was a member of, had to file for bankruptcy relief, and this resulted in him downsizing from his 52-acre mega-mansion to a paltry $3 million mansion with some adjacent properties totaling a mere 20 acres. The struggle was real.