American Apparel founder Dov Charney still lives in an 11,000 square foot mansion in Los Angeles, but he says he is so broke he can't even afford a lawyer and has to couch surf when he goes to New York.
American Apparel's board fired Charney last year, alleging that the 46-year-old misused funds and violated the sexual-harassment policy. Charney counters that the board fired him because he didn't go along with the board's desire to sell the company.
From Bloomberg:
This isn't the first time Charney has said he's low on funds. About a year ago, he told Bloomberg News that he was down to his last $100,000 and sleeping on a friend's couch while he stayed in New York. In his last year as CEO, he made a base salary of $832,000.
Charney's concrete mansion, perched on a hilltop, was built in 1926 by tycoon Frank Garbutt, who helped found aircraft maker Martin Marietta and was one of the pioneers of the U.S. movie industry.
Image: Anna Fayet/Flickr
