It’s hard to believe that a star like Allen Iverson went broke once but apparently he did. The 11-time NBA All-Star star blew $154 million in earnings before filing for bankruptcy. Iverson lived an extravagant lifestyle that included a traveling entourage of dozens of pals and over 50 folks to home basketball games. He brought a hair stylist with him on the road and even owed a jeweler $860,000 once. Allen Iverson is proof that you can spend any amount of money.