Toni Braxton Owes $50M

Toni Braxton might be rethinking the whole leaving Vegas thing. According to TMZ, Toni has filed for bankruptcy again and says that although she is worth between $1M-$10M, she owes up to $50M. How do you ever end up owing $50M? When you cross that owing more than you are worth thing doesn't that make you stop and say, "hmm, maybe I don't need to charter that jet to buy some BBQ."

A singer like Toni Braxton should never be running out of money. All she has to do is play the casino circuit and she should be able to make a $1M a year. This is not the first time Toni declared bankruptcy, she did so back in 1998 also.