How does Toni Braxton file for bankruptcy twice and still have the cash and credit score to purchase a multi-million dollar crib in LA in the same neighborhood as folks like egg-throwing, blunt rolling, drag racing Justin Bieber? Sounds like black magic to me! But more power to her!
Toni Braxton’s new mansion (above) located in Calabasas, CA,
It’s just been “another sad love song” between the 46-year-old Grammy Award-winner and her money and the woes began back in 1998. Reportedly, extravagance led to her first bankruptcy filing. At the time, there was speculation that Braxton squandered away a reported $2.5 million in makeup, hair, clothing, and other indulgences.
In 2010, Braxton, who co-stars with her sisters and mother on the WE tv hit reality show “Braxton Family Values,” filed for bankruptcy again, owing a reported $50 million in unpaid debts all across the country that ranged from Orkin Pest Control to Tiffany & Co to DMV’s in two states.
It may be the smallest MANSION on the block but it’s good to see she’s not MC Hammer broke. Read More Here At News One
