Once TV's highest paid actor, the former Two and a Half Men star is so broke that he's living in the Malibu guesthouse of Martin and Janet Sheen.
The bad boy — who pulled down a whopping $1.8 million for each episode of the CBS sitcom in 2010 and 2011 — was recently spotted at a coffee shop near his folks' home.
"It's sad," a spy close to the man once known as "Goodtime Charlie" tattled to RadarOnline.com. "He was worth well over $125 million at one time and threw it all away. Expensive planes, drugs, women — then payoffs."
"Now, Charlie can't even find work," added the source. "No one wants to hire him."
As RadarOnline.com reported, the Hollywood horndog, 51, is in such dire financial straits that his ex-wives have agreed to chop their child support payments in half.
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Brooke Mueller and Denise Richards — who each have two children with Charlie, and were receiving about $55,000 a month — have agreed to accept around $25,000 a month from him.
"Charlie is grateful that his wives have cut their demands for child support," said the insider, "but he may not be able to afford any child support much longer."
Compounding his issues, Sheen also faces legal claims from former sex partners for not informing them of his deadly HIV status.
"His resources are dwindling by the day, added the source. "He's doing odd jobs around his parents' home just to make them happy!"