Oscar nominee Gary Busey got his break in the entertainment industry when he rocked the music scene in the ‘70s as a drummer under the pseudonym Teddy Jack Eddy.

After a string of successful Hollywood films, including action films Predator 2, and Point Break, and his Oscar-nominated lead role in The Buddy Holly Story, Busey fell onto hard times.

In 2008, the star got the boot from his Malibu rental due to months of unpaid rent.

Then, in 2012, Busey made headlines again, this time for filing for bankruptcy with more than $500,000 in debt and less than $50,000 in assets — including a hefty chunk owed to the IRS.

His current net worth sits at $500,000.