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9 Richest Billionaires Who Lost Their Riches Till Now

by rima
Oct 18, 2015
in Extras, Facts
Reading Time: 4 mins read
9 Richest Billionaires Who Lost Their Riches Till Now

Being rich, richer and Richest can be one of the most important and ever dreamy thing in your life. Not everyone can actually know the worth in their bank accounts and these are the people who soon turn to be bankrupt and loose all their riches. Here we introduce you some richest billionaires who lost their riches till now.

1. J.K. Rowling, a renowned author who made millionaire due to her Harry Potter books and film franchises. Also, she has roughly given $160 million dollars to charities but finding a hard time to maintain her rich.

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2. Patricia Kluge, is the women who is known as “Wealthiest Divorcee in History.” who claimed payment of $1 million a year in settlement plus assets that put her into a net worth of over $1 billion. However, she lost all her wealth through parties and a bad investment.

Patricia Kluge photographed at her Albemarle Estate located in Albemarle County, Va. (Credit Image: © Andrew Shurtleff)

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3. Olav Thon started a real estate and hotel business that was so successful he became the single richest person in Norway with a net worth of $6 billion in 2013. However, he donated the ownership of his entire empire to his own charitable foundation.

Olav Thon

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4. Alberto Vilar largely invested in technology funds and said that his investments would give him nearly $250 million but unfortunately, Vilar was a fraud.

Alberto Vilar, recently convicted of stealing investors money walks into court for a bail hearing.

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5. T. Boone Pickens made enough money in his natural gas and big oil and is a known philanthropist who has actually given away nearly a billion dollars as it is.

BP Capitol foundrer T. Boone Pickens participates in a debate on US energy policy with CNN founder and Ted Turner Enterprises chairman Ted Turner at the National Press Club in Washington on April 19, 2011. AFP PHOTO/Nicholas KAMM (Photo credit should read NICHOLAS KAMM/AFP/Getty Images)

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6. Allen Stanford made his money through buying depressed real estate and then selling it  in the market. This did not continued for long and he was proved to be a major fraud.

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7. Manoj Bhargava earned money through lots of jobs and working hard at all of them. He started a plastics company that became a $20 million business but latter he discovered various problems and he is no longer a billionaire.

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8. Bjorgolfur Gudmundsson was a former football player that made a good deal of money in the beverage business and lost them all when Icelandic became bankrupt. The Icelandic banking crisis in 2008 hurt a lot of wealthy men and women in the banking business.

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9. Vince Mcmohan was a promoter, announcer, and occasional wrestler in the pro-wrestling circuit and became the majority owner of the premier pro-wrestling league, known as the WWE. In just two days McMahon’s worth dropped by $700 million.

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