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Spendy Spice

The Next MC Hammer?

1/21/2007 2:07 AM PST BY TMZ STAFF

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.
59 COMMENTS

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1.

deconstruct    

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

2729 days ago
2.

TO ALL HYPOCRITES here    

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

2729 days ago
3.

Whatever    

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.

2729 days ago
4.

chena    

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 !

2729 days ago
5.

A.Allen    

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?

2729 days ago
6.

Sam    

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.

2729 days ago
7.

Darlene    

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

2729 days ago
8.

Darlene    

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

2729 days ago
9.

JLT    

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.

2729 days ago
10.

ADS    

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.

2729 days ago
11.

d-man    

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.

2729 days ago
12.

Waukisha    

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

2729 days ago
13.

Brother Harold, S.J.    

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?

2729 days ago
14.

anon    

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.

2729 days ago
15.

Rachel    

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.

2729 days ago
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