Billionaires Who Lost Their Wealth to Bankruptcy


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No matter how well established you may be there are always setbacks waiting for you at some point. If you are able to surpass and overcome them, it would not affect your financial status. However, if you have used illegitimate ways to earn wealth, have not planned and strategized wisely, or have become a victim of global financial crunches, chances are bright that you may go bankrupt. Take for example, our latest billionaire victim, Sam Bankman-Fried who literally lost 94% of his $14 billion wealth in one day with the collapse of his FTX crypto currency exchange in early November 2022.

One fine day, they woke up to the worst news of their lives- they had lost all their fortune. That’s definitely not a great feeling, right? But who can fight fate, right? Sam’s and other ex-billionaires literally lost their fortune. For some, it cost them more than just their wealth, but their lives and the lives of those closest to them. Let’s check out who are these unfortunate former billionaires who lost it all to bankruptcy.

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