Why 'America's Got Talent' Winner Terry Fator Finally Stopped His 'Out-Of-Control' Spending (VIDEO)

Why One 'America's Got Talent' Winner Stopped Splurging
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When ventriloquist Terry Fator won "America's Got Talent" in 2007, he signed a $100 million contract with The Mirage in Las Vegas and started living large. New cars, a lavish home, expensive possessions -- Fator wanted it all, as he explains in an interview for "Oprah: Where Are They Now?"

"When I first started making money, man, I was out of control," he says in the above video. "Two times a year, I would trade my car in and get a new one. I just couldn't get enough of it. I just wanted to spend, spend, spend."

But everything changed when the entertainer married his wife, Taylor Makakoa.

"My wife is very frugal," Fator says. "I have to explain to her that I like the name-brand ketchup. Don't get me the store-brand ketchup, because I don't like the store brand. She wants to save money, but it's a nickel less, you know?"

One of Fator's more expensive marriage lessons came when Makakoa celebrated a birthday. "I bought her $40,000 worth of Tiffany jewelry. I mean, it was gorgeous... I was so excited," he says. "I gave it to her for her birthday and the look on her face -- I knew she didn't like it."

When Fator asked his wife what was wrong, she told him she simply couldn't wear $40,000 worth of jewelry, as beautiful as it was.

"She took it back," Fator says. "Got the money back and bought a $1,500 nice necklace. She gave the rest to her favorite animal charity."

Makakoa's frugality has since rubbed off on Fator. "She's really helped rein me in," he says.

New episodes of "Oprah: Where Are They Now?" begin airing on Sunday, June 1, at 9 p.m. ET on OWN.

Before You Go

Outrageous Celebrity Spending Habits
Lady Gaga(01 of30)
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Lady Gaga reportedly dropped over $60,000 for 27 koi carp to fill her tank at home. No word on whether or not the colorful fish, imported directly from Japan, were just "born this way." (credit:Getty)
Drake(02 of30)
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The "Take Care" rapper reportedly made it rain at a strip club in North Carolina -- like, really, really made it rain. The 26-year-old allegedly threw $50,000 worth of bills onstage to the lucky dancers at Cameo Nightclub. (credit:Getty)
Mike Tyson, Robin Givens(03 of30)
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Mike Tyson gave first wife Robin Givens a $2 million bathtub. Mmm Hmm.(Getty) (credit:Getty)
Jennifer Lopez, Ben Affleck(04 of30)
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This isn't the first time J. Lo's bequeathed her man with a shiny new vehicle. Previously, Lopez gave then-fiance Ben Affleck a Bentley worth $300,000. Affleck was then seen shopping it around in 2007.Getty) (credit:Getty)
Selena Gomez, Justin Bieber(05 of30)
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Oh, just the usual date for teens: In September 2011, Justin Bieber rented out the Staples Center in Los Angeles for Selena Gomez, where they ate dinner and watched "Titanic" alone in the 200,000-seat venue. Though Biebs got the venue for free, MTV estimates that the date would have cost mere mortals at least $475,000.(Getty) (credit:Getty)
Kelly Rowland, Beyonce(06 of30)
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Beyonce's BFF gave Beyonce's baby girl Blue Ivy a $5,200 Swarovski-crystal-studded Baby Diamond Bathtub. BEFORE she was even born. (Getty) (credit:Getty)
Seal, Heidi Klum(07 of30)
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Sadly, the famously lovey-dovey couple's relationship went to ice, but maybe it's because Seal's proposal to Heidi was cold from the start. The singer whisked the "Project Runway" star up 14,000 feet to an igloo while at Whistler Resorts, where he then asked to marry her. [Insert all snow seal jokes here].(Getty) (credit:Getty)
Simon Cowell, Terri Seymour(08 of30)
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When the "Extra" correspondent split from longtime boyfriend Simon Cowell, she reportedly received a £6 million "parting gift" from Cowell, made up in real estate and cash. (Getty) (credit:Getty)
Katy Perry, Russell Brand(09 of30)
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Another one that didn't work out. Maybe Katy Perry's gift of a trip to space -- a ride that cost $200,000 -- was her way of telling Brand to get lost.(Getty) (credit:Getty)
Beyonce, Jay-Z(10 of30)
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Bey spent a cool $2 million to buy a Bugatti Grand Sport for Jay's 41st birthday. (Hey Beyonce, our birthday is coming up soon, too!)(Getty) (credit:Getty)
Soulja Boy(11 of30)
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This is just insane. Soulja Boy gave himself $55 million when he bought a private jet. The Gulfstream G5 jet cost $35 million; the upgrades, another $20 million. (Getty) (credit:Getty)
Justin Bieber, Usher(12 of30)
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Bieber's manager and Usher gave the Biebs a Fisker Karma electric luxury car worth $100,000 for his 18th birthday. What happens when he turns 19?(Getty) (credit:Getty)
David Beckham, Posh(13 of30)
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David Beckham gave wife Posh a multimillion dollar vineyard in Napa Valley for her 34th birthday. Drinks for everyone!(Getty) (credit:Getty)
Tom Cruise, Katie Holmes(14 of30)
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Flying on high: Tom Cruise reportedly gave a customized Gulfstream jet to Katie Holmes as a wedding gift -- a $20 million one.(Getty) (credit:Getty)
Angelina Jolie, Brad Pitt(15 of30)
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Angelina Jolie's quirky gifts to fiance Brad Pitt include an inscribed motorcycle ($100,000), an olive tree ($18,500) and, most recently, a waterfall for him to build his dream home on. (Getty) (credit:Getty)
Beyonce, Jay-Z, Blue Ivy(16 of30)
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Hip-hop's royal couple has rented out a $1 million nursery at the new Barclays Center in Brooklyn. The stadium is the home of the Nets, of which Jay-Z is a minority stakeholder. (credit:Getty)
Tom Cruise, Suri Cruise(17 of30)
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Doting dad Tom Cruise reportedly paid $5,000 to rent out the side skating rink at New York's Rockefeller Center for the entire 2011-2012 winter season. Presumably to keep Suri from looking like this. (credit:Getty)
Sandra Bullock, Louis Bullock(18 of30)
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Sandra Bullock must believe that son Louis is a budding art connoisseur. The Oscar-winning actress picked up Andy Warhol's "Peaches" print at an auction for a cool $14,000 as gift to her son. (credit:Getty)
The Beckhams(19 of30)
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The Beckhams reportedly shelled out $240,000 on a baby nursery decorations for baby Harper Seven. But of course: this is Posh Spice we're talking about. (credit:Getty)
Diddy, Justin Combs(20 of30)
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Talk about a Sweet 16: Diddy gifted son Justin Combs with a $360,000 Maybach for his 16th birthday. (credit:Getty)
Gwyneth Paltrow, Blue Ivy(21 of30)
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It pays to have famous friends (of your parents, that is). Blue Ivy reportedly received a swanky Bugaboo stroller from Gwyenth Paltrow in advance of her birth. The stroller retails at $1,029. (credit:Getty)
Mariah Carey, Nick Cannon, Morrocan and Monroe Cannon(22 of30)
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Among the swag that twins Moroccan and Monroe received for their first birthday (celebrated in Paris, natch) were a toy Ferrari, doll house and a miniature white piano. What on earth will they get for their second? (credit:Getty)
Elton John, David Furnish, Zachary Jackson Levon Furnish-John(23 of30)
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Elton John and partner David Furnish welcomed their newborn son with his own $2 million nursery, purchased above their own Los Angeles apartment. (credit:Getty)
Kelly Rowland, Beyonce(24 of30)
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Beyonce's BFF gave Beyonce's baby girl Blue Ivy a $5,200 Swarovski-crystal-studded Baby Diamond Bathtub. BEFORE she was even born. (credit:Getty)
Ivanka Trump: $1,300 Silver Bowl(25 of30)
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Ivanka Trump is Donald Trump's daughter, so it comes as no surprise that for her wedding to Jared Kushner in 2009, she registered for a $1,300 scalloped-footed sterling silver bowl from Tiffany. After all, she was likely raised to have expensive taste.
Kim Kardashian: $880 Salad Serving Spoon(26 of30)
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For her ill-fated wedding to Kris Humphries in 2011, Kim Kardashian registered for dozens of insanely expensive items at Geary's in Beverly Hills, including crystal vases, platinum plates and gold napkin rings. But the craziest to us is a set of Torchon Salad Serving Spoons by Buccellati. The price for each of these spoons? $880.
Liza Minnelli: $4000 Soup Tureen(27 of30)
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Liza Minnelli married her fourth husband, David Guest, in 2002, and in honor of the occasion she registered at Tiffany & Co., Lalique and Bergdorf Goodman. On the registry at Tiffany? Four $4,000 Elsa Peretti soup tureens (like the one on the left). The Guardian reported that someone actually bought all four. The couple divorced in 2007.
Eva Longoria: $100 Cocktail Sticks(28 of30)
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Eva Longoria married Tony Parker in 2007, and her registry reportedly included cocktail stirrers, like the one to the left, from Tiffany that cost $100 each. Longoria and Parker divorced in 2010.
Kate Moss: 14 Crystal Ashtrays(29 of30)
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Supermodel Kate Moss married Jamie Hince in 2011, and The Sun got ahold of her over-the-top registry. It features a £6,600 silk rug and a £4,750 cocktail set, but perhaps most shocking is her request for 14 ashtrays from high-end London retailer Talisman. The Sun reported that the ashtrays cost about £240 each.
Kendra Wilkinson: $700 Air Purifier(30 of30)
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Judging by her registry, there's nothing more important than fresh air to former Playboy model Kendra Wilkinson. When she married Hank Baskett in June 2009, she included a $700 Blueair Air Purifier on her registry.