David Hasselhoff is letting the world know he’s broke and only has $4,000 to his name. He says he can’t support his ex-wife anymore due to having so little cash.
TMZ reports that Hasselhoff and his ex-wife, Pamela Bach, are in a spousal support war. She’s been getting $252,000 a year, but he wants that amount lowered … claiming there’s no way he can keep paying her that kind of money.
Hasselhoff made millions from his “Baywatch” and “Knight Rider” television series. Add to that, the vast income he receives from film and other entertainment ventures. You’re talking more money than most people know what to do with!
According to the report, David Hasselhoff says his European tour was cut short due to a pittance in ticket sales. He’s also uncertain if his new reality show, “Hoff the Record,” will fatten his wallet.
The actor says he’s trying to stay “relevant,” but it’s a challenge. He admits to a gross income of $112,000 a month, but spends $66,000. Hasselhoff says by the time he pays taxes, living expenses, and Pam’s spousal support, he can’t save a dime.
What about the assets? Hasselhoff has eal estate worth $1.79 million, a retirement savings, cars, jewelry, art, and other miscellaneous possessions. He says cash is barely coming in.
His ex, on the other hand, claims David is worth $120 million and still works. She adds that he has property all over the world.
Do you believe David Hasselhoff is really broke? Celebrities typically have a warped sense of what the term “broke” actually means.