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7 Celebrities Who Were Ruined By Their Parents As A Child

It is true that “Not all that glitters is gold”. For most people, living a life of fame and fortune sounds awesome but if you’re not a minor with extremely greedy, morally corrupt parents. Unfortunately for many child stars, they’re subjected to following the lead of their parents, who are willing to give up their jobs to manage the finances of such wealthy individuals. While it is assumed that all parents are always ready to do anything to ensure their children’s well-being, some take advantage of their kid’s fame to enrich themselves. It is no new thing in Hollywood.
Some child stars had to make the tough decision to emancipate themselves from their parent’s guardianship or their financial management. Even when getting their rights back from their parents, some can continue somewhat of a healthy relationship with their parents. No matter what it is, they were ruined by their parents.
Below are some celebrities who got famous at a young age but were ruined by their parents.

#1 Macaulay Culkin

Source: Everett Collection

Although “Home Alone” star appeared in some indie movie projects over the years, his personal life has kept him in the headlines. Culkin had a tough time because of his parent’s divorce. He and his multimillion-dollar fortune become something that his parents scrambled. After a bitter custody dispute and a fight for control over Culkin’s trust, the family accountant was put in charge until Culkin reached adulthood.

#2 Jackie Coogan

Source: Britannica

As a child star, Jackie Coogan earned a great sum of money that was squandered by his mother and stepfather. They were entitled to spend the money however they saw fit. His mother stated. “No promises were ever made to give Jackie anything. Every dollar a kid earns before he is 21 belongs to his parents”. In 1938, the actor sued his parent and after the legal fees, was awarded a mere 126,000 dollars.

#3 Shirley Temple

Source: Wikipedia

Shirley Temple was one of the most famous child stars of her generation. At the age of 20, she starred in 44 films. At the peak of his career, she commanded 10,000 dollars a week but her mother gave her less than 20 dollars in pocket money.

#4 Mimi Gibson

Source: anthony booth

Although Mimi Gibson appeared in many movies as well as TV programs and earned a lot of money, her finances had been substantially dwindled by her mother. It was the reason why she didn’t have enough saved for college tuition.

#5 Gary Coleman

Source: NBC

Gary Coleman’s relationship with his parent was severely strained because they misappropriate his multimillion fortune amassed from the popular TV sitcom. Despite being awarded 1,3 million dollars, his later life was plagued with personal and professional misfortunes.

#6 LeAnn Rimes

Source: ABC

As a child, LeAnn Rimes got famous when her debut album went multiplatinum and she became the youngest singer to win a Grammy award. After her parent’s divorce, she sued her father and former manager for spending 7 million dollars of her earnings on personal expenses.

#7 Dominique Moceanu

Source: themedalcount

As a professional athlete, a member of the 1996 Olympic Magnificent Seven Gymnastics Team under her belt, Dominique Moceanu owned a fortune of 1 million dollars. However, when turning 17, she asked a Texas District court to grant her independence from her parents and also sued them for mishandling and squandering her fortune.
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