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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16. So let me get this straight... you expect a clown from the SPICE GIRLS to have a sense of what is COST EFFECTIVE for her fake family???? yeah that's about as rich as POSH SPICE marrying David Beckham for his intellect! -Waukisha

Posted at 8:27AM on Jan 21st 2007 by Waukisha Ellis

17. Has this piece of trash given as much as a penny to charity? Or are she and her husband saving it all for the Scientologists?

Posted at 9:10AM on Jan 21st 2007 by Brother Harold. S.J.

18. TMZ NEED TO GET THEIR FACTS RIGHT ... ACCORDING TO VARIOUS FINANCIAL PUBLICATIONS THE BECKHAMS HAVE A CURRENT FORTUNE OF APPROX 100 MILLION POUNDS, APPROX $200 MILLION ... ALONG WITRH DAVIDS CONTRACT THATS MAKES A TOTAL OF $450 MILLION ... SOMEHOW I DOUBT THEY'LL BE BROKE IN 50 YEARS TIME, NEVER MIND 5 YEARS TIME ... YOU GUYS CLEARLY ARE DESPERTAE FOR A STORY TODAY.

Posted at 10:01AM on Jan 21st 2007 by danilo

19. How can Beckham stand to look at this broad's scowl day after day? News flash Beckhams: America isn't going to give a rat's ass about you freaks. And as for Posh, spend it while you can because hubby will dump you for someone younger, prettier and the ability to chuckle every now and again. I give it 2 years, tops.
As for the previous poster's comments, I haven't heard about any charities these two loons contribute to. If they end up with the rest of the Scientology freaks they sure as hell won't give anything.

Posted at 10:10AM on Jan 21st 2007 by KK

20. First, d-man that might have been what your mom taught your sisters, but all women aren't like that. Secondly, MC Hammer, Tyson and Jacko lived way above their heads and spent like drunking sailors. Investing little or none to secure their future. Becham just seem like he's more on the ball than that.

Posted at 11:02AM on Jan 21st 2007 by Lenn K

21. HeyLenn K, I think d-man was right on the money. Are you just defending this ugly stick girl because she's spreading her legs for you?

Posted at 11:12AM on Jan 21st 2007 by Cammi

22. I think someone on this blog said "get your facts straigh...!"

Hammer made over 40-50mil a year for 7 years. Do the math. Anyone can go broke. Sh*t, Martha Stewart was once a billionaire. She's now worth about 600mil. With that said 1bil-400mil=600mil. Seems like 400mil can go pretty quick.

Posted at 2:03PM on Jan 21st 2007 by calilife4me

23. First, KK said it best.
Second, go fxxk yourself crown coupons.
Do you really think anyone will visit your site when
you're so freaking annoying? GO AWAY!

Posted at 11:58AM on Jan 21st 2007 by Prnzez

24. In my opinion there is nothing worse than high end commissioned sales people! She must need a colossal amount of ego stroking! They are totally fake with their phony adoration, sickening, inane, distracting chit chat, and scripted compliments. She's an idiot and deserves to be relieved of her money.

Posted at 12:06PM on Jan 21st 2007 by cinderella

25. YO Lenn K:


I said thing about your mom or anyone else's mom yet the first you said is "that is what my mom taught me" Well that is incorrect and the post is my view on what these type of sluts do. So stop with the personal attack or I will have to bitch slap you around

Posted at 12:18PM on Jan 21st 2007 by d-man

26. Last time I checked $250 million was a little less than 9 TIMES $30 million, not even counting their endorsement deals and their previous earnings. I don't think there's much to worry about here...

Posted at 12:27PM on Jan 21st 2007 by Shelagh

27. We are absolutely not all like one of the previous posters expressed! I married a wonderful wealthy man and I take care of him, his money and our stuff better than he does! He is the shopper (he is self-made and works hard, I don' t deny him his toys) and spender not me! I am smart and thrifty with his money; he has to push me to go buy something new, I hate clothes shopping! I certainly cherish and take care of my last 400 hp (American made) birthday present better than he does!

Posted at 1:07PM on Jan 21st 2007 by watchin out for my man

28. everyone are haters. money is made to be spent. why not enjoy it and enjoy your life if youve worked hard for it. anyone posting negative comments never had money anywais or never will continue succeeding and can't imagine wanting the best for yourself. plus, shes owned her own fair share so you cant say shes spending all her husbands money.

Posted at 1:10PM on Jan 21st 2007 by happeeME

29. #11 You are probably a bitter divorced man with little intellect and a scorching case of virginity. Or you're a socially inept goon whose played a wee too much GTA and way too many FPS'. Whatever the case, I hope your female boss fires you.

As for TMZ this story is just crap. This woman is fantastically rich by her own right. Her Rock and Republic line is a hot seller and I just saw a pair of her gold crown jeans on Lois Lane's rear on Smallvile last week. Her yearly income is probably a few million a year. Couple this with the fact that this couple is already worth close to 200mil before this new contract, they have quite a fortune.

I would imagine her spending 100K on furnishing her kids rooms, toys, and other nick nacks would be tantamount to me spending $50 on the same stuff. Also, she furnished her 3 kid's rooms! Give her a break and stop this jealous crap.

Posted at 9:14PM on Jan 21st 2007 by guerlane

30. I thought was the only one who was getting worried of Becks cash drying up b4 they even realise it ...
I don't care how much David & his bimbo wife are worth, but these two spends like crazy as if money grows on trees..Some of the accesories or jewellerie worn by the Becks for only one event, are worthy the price of a house that most of us cannot even dream of..

But nobody can claim to know whether the ink haven't long been dried on the couple's financial securities. Remember back in Dec 2006, Beckam was allegedly reported to have made a massive insurance deal worth 100 million pounds to secure his earning potential following the loss of his playing carreer or endorsement /modelling deals out of injury and disfiguration..

For a fact, the greater the insurance, the greater the premium be-so that is also a counter effect to Becks cashpockets as well...

Posted at 2:11PM on Jan 21st 2007 by bbperfume

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