15 Worst Celebrity Business Fails

Source: www.blog.bidnessetc.com

Source: www.blog.bidnessetc.com

5. Unlike other celebrities who open restaurants or just launch questionable business cards (sorry, Kim), Kim Basinger decided to purchase a whole town! In 1989, famous actress bought the town of Braselton, Georgia for $20 million! Her intention was to turn the town into a tourist attraction with a bunch of festivals and movie studios. Unfortunately, Kim didnt quite succeed and she had to sell the town for $1 million after four years.