Mc Hammer + $13.7 million in debt in 1996
Mc hammer, $13.7 million in debt in 1996-In 1996, MC Hammer was $13.7 million in debt due to his newfound lavish lifestyle that included a $30 million mansion. The singer, who rocketed to super-stardom with his 1990 album, "Please Hammer Don't Hurt `Em," listed among his debts: $110,000 to an interior decorator who went out of business when he didn't pay; $100,000 to the IRS; $500,000 to a lawyer; and a $500,000 loan from Dallas Cowboys star Deion Sanders.