Spendy Spice - The Next MC Hammer?

The way Victoria Beckham is hemorrhaging her husband's cash, $250 million might not last. Enough, that is, to keep the Beckhams out of the company of such infamous money-sieves as Hammer, Jacko, and Mike Tyson.
Hammer and Posh.
Sure, a quarter of a billion dollars seems like a lot, but with Spendy Spice leaf-blowing her family's fortune all over Los Angeles, you never know how long it'll last. The formerly-employed singer, as TMZ reported, recently spent well over $100K on, well, toy planes and diaper bags, as well as custom-designed bedrooms for her boys. She's also looking at $15 million houses, and there's staff and a large entourage at all times with the Beckhams -- whose net worth is already a reported $100 million.

If you scoff at our suggestion that the Becks could flush $250 mil down the drain, we'd like to present to you one MC Hammer. The rap star had amassed a $30 million fortune in just a couple years, but six years, two helicopters, 17 cars, four solid-gold dog chains, and one bedroom-installed dishwasher later, it was bankruptcy time for the Hammer.



Of course, that was chump change compared to the champ, Mike Tyson. The gap-toothed heavyweight blew through a reported $400 million that he'd earned in the ring with such sensible investments as $8,000 Bengal tigers. And then, who can forget the King of Shop himself, Michael Jackson, who thrilled us all on national TV by spending $6 million in a matter of hours in Vegas -- on chess sets and glass urns and other chatch. Now, Jacko's got millions of dollars – in debt!

So, Victoria, we welcome you to the US. But, seriously – Hammer, Tyson, and Jacko are not the kind of financial company you want to keep.


Reader Comments

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1. Here is an example of another story blowed out of proportion. It is very pathetic that tmz does not have nothing more important to say that this.

This article sound like they never had any money and now they have only this 250 mil to spend.

Victoria came from rich family, we do not know how much money she made from her Spice world. Few days ago she signed some deal for 10 mil for some design work.

So why this stupid speculation ? tmz worry about your monthly paycheck instead because your news are terrible

Posted at 12:24AM on Jan 21st 2007 by Too much about nothing

2. Here is an example of another story blowed out of proportion. It is very pathetic that tmz does not have nothing more important to say that this.

This article sound like they never had any money and now they have only this 250 mil to spend.

Victoria came from rich family, we do not know how much money she made from her Spice world. Few days ago she signed some deal for 10 mil for some design work.

So why this stupid speculation ? tmz worry about your monthly paycheck instead because your news are terrible

Posted at 12:26AM on Jan 21st 2007 by Too much about nothing

3. No one gives a dinkers damn about soccer in the US (unless their kids are playing. )This woman can buy the moon for all we care. It still will not make her over the hill soccer playing husband the next Michael Jordan.

Posted at 12:34AM on Jan 21st 2007 by JT

4. Thats absolutely insane people can blow through money like that! 400m? I wouldnt even know what to do with the interest!

Posted at 12:50AM on Jan 21st 2007 by deconstruct

5. omg! She's not even living in the U.S yet and she's spending so much money on things that she may not even need. Plus, who know is David bringing soccer here will be as successful and his multi-million dollar deal proposes. This is just them trying to take over the U.S just like how they have taken over London.
NOT HATING!!!!

Posted at 1:32AM on Jan 21st 2007 by A.Allen

6. I look forward to Posh Spice's demise. Soon Mr. Beckham will find a smiley, younger, much pretty and tanned LA girl to "rock his world."

And soon, Posh and the London 3 will be headed back penniless and staying in England's own Motel 6.

Remember these good times Posh, you untalented has-been, promise u they won't last for long. GO HOME !

Posted at 1:34AM on Jan 21st 2007 by antiSPICE

7. What chumps, if I had that kind of money I would hire a good financial consultant and make some really sensible and profitable investments. But I guess Snooty Spice is to stupid to think of something like that, so instead sh'ed rather go out and spend lmoney like there's no tommorrow. It really makes me wonder how people like her ever become famous in the first place, she obviously has no talant.

Posted at 1:39AM on Jan 21st 2007 by Sam

8. OMG!! What is wrong with this lady. Yeah David signed a multi-million dollar deal but who is to say that he will be as successful as predicted. The Beck's are not even living in the U.S. yet and she is here spending money on things that they don't even need.

What does she do again?

Hey not hating here...I guess if you have the money and you work hard, live happy....but like I said, what does she do again?

Posted at 1:59AM on Jan 21st 2007 by A.Allen

9. COMMENT TO #1 too much : Hey!!! anyone can lose the shirts off their backs. I don't care if they were born with silver spoon in their mouth. Hope they do buy neverland, there is allready 1 person who lost out there

Posted at 3:30AM on Jan 21st 2007 by Darlene

10. with that big hat she wore at tomKats wedding, WHAT A JOKE.
BANKRUPTSY.COM :-)

Posted at 3:32AM on Jan 21st 2007 by Darlene

11. TMZ should spare us the shallow, confused, pea-brained analyshys / commentary and stick to gorilla pictures and videos

Posted at 3:51AM on Jan 21st 2007 by kevin b

12. While I dont particularly care for Victoria Beckham... I think it's wrong to presume they'll end up as Hammer, Jacko and Tyson and here's why .... Hammer spent and spent with nothing coming back in. He was a star that fizzled fast. Jacko and Tyson have both learned the hard way that lawsuits will drain your finances faster than anything.

We dont know what the Beckhams have invested in nor do we know how many endorsement deals they'll get once they get to the states. And, with Tom Cruise in their pocket... I wouldnt say acting gigs arent in the future for either of these two. Even if that doesnt happen, Becks always has the option of coaching or maybe owning his own team. Anything is possible... so dont count these two among the "soon to be bankrupt" just yet. They're smarter than you give them credit for.

Posted at 4:25AM on Jan 21st 2007 by JM

13. TMZ writers please get over this peculiar and out dated notion that Posh is spending up David's money. Remember the money he has signed with Galaxy, he probably will not have access to yet. Plus most importantly posh Spice is worth between 50-70 million dollars in her own right. This is via Spice Girl royalties, books (inc UK best seller of 2006 Fashion book 'Extra half an inch', perfume (which out sold David's cologne) and jeans line with Rock and republic. What you Americans will come to realise when you learn more about about them is he was just a 'footballer' when he met her. He had a small name for himself and was really adored by 'just' Manchester United football fans. Also, his looks weren't much to talk about at that time. Then he met and fell in love with Posh in 1997. She was already a global star due to Spice Girls quick rise to fame in 1996. The union created the affectionate tabloid term 'Posh & Becks'. The two of them and their team quickly realised this partnership could be a great love story of our time but also a major brand name. When the two of them adorned magazines and papers it sold like no other. I do honestly think that David is talented but many football experts and pundits now believe he is in the 'twilight' of his career'. He was dropped from our national team and resigned from being captain and obviously dropped from his playing first team football by current team Real Madrid. His move to States is not based totally on his skills as a footballer but on his ability to get butts on seats to these games and to sell shirts. He wants major fame and wants to worshipped in your land just as your Hollywood stars are and so does Posh. That is why they are a perfect fit.

Posted at 4:34AM on Jan 21st 2007 by ADDY

14. Her game plan is simple....bleed him dry and then spread her legs for another sugar daddy. This is something all sluts, sorry i mean all girls learn before the age of 10.

Posted at 5:59AM on Jan 21st 2007 by d-man

15. HEY "D-MAN", can you say M I S O G N Y I S T? Hahaha, GO CHEW ON SOME MORE ICE BUDDYY!!!!! I KNOOOOOW you're frustrated, ROFL, I mean jesus man I can tell just by that pathetic post....go stick that deflated pencil, you call a "dick", into the gargabe disposal, and hey don't forget to TURN THE SWITCH ON!!!! Oh, then chew on some more ice if you're still all pent up after that. Warm wishes!

Posted at 8:07AM on Jan 21st 2007 by Jackson

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