10 Millionaires & Billionaires Who Went From Rich To Broke
Jordan Belfort
This is a list of 10 super successful people who at one point had it all and then went broke. It must be extremely tough for these guys to look at this list and know that one day they were on top and had it all. I think for some of these super successful guys it must of been a real eye opener. Here is a list of 10 people we wanted to share with you that this has happened to in their lives.
Belfort spent 22 months in prison for pleading guilty to fraud and related crimes in connection with stock-market manipulation and running a boiler room as part of a penny-stock scam. He must have paid back all of his debt because his net worth is $100 million dollars.
Johnny Unitas
Johnny Unitas was a professional football player who spent most of his NFL career on the Colts. For 52 years he held the record for most consecutive games with a touchdown pass. Suddenly in 2002, he passed away of a heart attack. Poor guy.
Willie Nelson
Everyone loves Willie Hugh Nelson, singer, songwriter, country artist, he's amazing. He now lives in Maui, Hawaii, in a largely self-sustaining community where all the homes use only solar power. He's living it up down there! Even though he's been arrested several times for marijuana possession, he's still Willie.
George Foreman
George Foreman had it made, do you have a George Foreman because I do. This is him. Former boxer had loads, I mean tons of money. He made over $200 million just for the George Foreman Grill. That's an insane amount of money. He lost most of it because...why do you think? Fame and fortune got to his head and blew it all on the ladies, drugs, extravagant things and all the stupid stuff these famous people waste their money on.
Scott Eyre
Scott Eyre was a left handed pitcher for the Phillies, somewhat rare to have a left handed pitcher. Eyre was one of the victims of the $8 billion fraud perpetrated by wealth manager Allen Stanford. Can you imagine being apart of that, losing your entire fortune because of someone else? Wow.
Mc Hammer
Everyone knows MC Hammer, Stanley Kirk Burrell, you know, he sang "U Can't Touch This" and "2 Legit 2 Quit." Yep, that's him. Well, he was one of the ones who let his fame and fortune get to his head because he's now broke. His net worth was over $33 million dollars and now he's $13 million in debt.
Allen Stanford
Allen is a former finance and sponsor of professional sports who is serving a 110-year prison sentence for being apart of what was one of the largest ponzi schemes. Allen was the chairman of the now defunct Stanford Financial Group of Companies until they got busted for fraud. What ever happened to the good ol way of making money?
Björgólfur Guðmundsson
Björgólfur was Iceland's second businessman worth more than a billion dollars, his son was the first. In the 1990s he was sentenced to 12 months in prison, suspended for 2 years for some bookkeeping offences and faced around 450 charges. After that, he went to Russia, remade a fortune and went back to Iceland.
Kim Dotcom
Kim received a two-year suspended sentence for computer fraud and data espionage because he was underage in 1994 and again in 1995 similar charges including embezzlement. In 2012, the New Zealand Police busted in his home and placed him in custody in response to the US charges. He was accused of costing the entertainment industry $500 million through unlicensed content uploaded to Megaupload which had 150 million registered users. He's now fighting the charges.
Seán Quinn
Sean, in 2008 estimated his personal worth to be $4.722 billion, one of the richest in Ireland, 164th place amongst the wealthiest individuals in the world. WOW!!!!! In 2011, he declared bankrupt and spent nine weeks in jail, due to continued asset stripping and non-co-operation with the Irish Bank Resolution Corporation. Rags to riches baby.