Was Burt Reynolds Broke? Iconic Actor Believed to Be in Financial Ruin at the Time of His Death
The actor famously sold off some of his most notable items in 2014, including the "Smokey and the Bandit" Pontiac Trans-Am.
Screen legend Burt Reynolds lived out his final days at his beloved Florida estate, thanks to a generous tycoon who let him live there for pennies.
Once among Hollywood’s biggest stars, Reynolds slid into bankruptcy due to bad investments and his messy divorce from second wife Loni Anderson.
In 2014, he auctioned most of his iconic belongings, including the canoe from “Deliverance,” the Pontiac Trans-Am from "Smokey and the Bandit" and his 1998 Golden Globe for "Boogie Nights."
He even auctioned the gold watch given to him by former lover Sally Field.
Reynolds was in danger of losing his waterfront mansion in Jupiter, Florida, when his neighbor, real estate magnate Charles Modica, stepped in, buying the property in 2015 for $3.3 million.
Modica allowed Reynolds to stay on the waterfront property for an incredibly low rent.
"He was undergoing a lot of stress and strain in his life at that time and I called him and told him I would like to be a part to help him." Modica told Inside Edition.
A caretaker at the estate called 911 after Reynolds suffered a fatal heart attack Thursday at age 82.
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