Connect with us

From Riches to Rags – Terrible Stories Where the Rich Lost Everything They Owned

Losing a multi-million company but gaining real company

I had a net worth of $350 million running an international business that had more than 3 thousand employees throughout Europe, Asia, and the USA. Things went downhill when my business partner went to jail for fraud worth $14 million in grants.

Source: WorldLifestyle

The news affected our company badly. I was left with a crazy amount of debt and a lot of stress. It was terrible but I was also able to spend more time with my family and I got to know who my true friends were, which was the silver lining of losing the company.

next page

ADVERTISEMENT