Celebrities Who Made Bad Investments

Arnold Schwarzenegger

It’s safe to say just about everyone can recognize Arnold Schwarzenegger. Before beginning his career under the spotlight, Schwarzenegger garnered a skyrocketing degree of recognition for his work in the bodybuilding scene, having won seven Mr. Olympia contests throughout that time.

Although he is still a relevant figure in the bodybuilding community, Schwarzenegger has since become most known for his roles in films, including PredatorThe Terminator franchise, Total Recall, and Conan the Barbarian— the latter being his breakthrough role. With Bruce Willis, Demi Moore, and Sylvester Stallone, Schwarzenegger also invested in the Planet Hollywood chain of restaurants. Besides that, he also opened his own restaurant called Schatzi On Main. Sadly, after a couple of years, he ended his involvement on both projects, severing his financial ties with Planet Hollywood around 2000 and selling Schatzi On Main two years prior.