MC Hammer blew $70m on gold hot tub, statues of himself pool shaped like his trousers

mirror.co.uk:

MC Hammer was one of the highest-earning stars in the music industry back in the late 1980s and early 1990s. At his peak around 1991, he was bringing in a reported $30 million (£20 million) a year with his fortune estimated at around $70 million (£52 million).

However, just five years later the rapper filed for bankruptcy after squandering his hard-earned cash and going broke. Hammer - real name Stanley Burrell - shot to fame in the late 1980s and was a global superstar by the time he released his most famous track U Can't Touch This in 1990.

His wacky outfits and baggy trousers became his trademark as he racked in millions. The rapper was determined to enjoy his earnings and started splashing the cash big time.