M.C. Hammer, for those who missed his brief act, was a late-80s- early-90s rap star most famous for squandering a huge fortune. “Hammer” had amassed a booty of some $33 million at peak popularity thanks to a few hit songs and some catchy dance moves. With or without the advice of his manager, the rap star dumped $12 of that million into a Californian mega-mansion, complete with two gold- plated "Hammer Time" gates at the entrance to the property and a 17- car garage, which he filled with luxury vehicles. Not one to shy away from his own reflection, Hammer had $75,000 worth of mirrors installed throughout the house. A couple of helicopters were on standby out back in case Hammer needed to be anywhere faster than his Lamborghinis could take him.

Alas, as we all know, “Hammer Time” can’t last forever. And, after his entourage of 300 helped the poor rapper blow his loot, Hammer filed for bankruptcy and spent the final years of the millennium as a comical footnote in the book of one-hit wonders.

- Joel Bowman