Mike tyson biography for being bankruptcy discharge
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List of bankrupts
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10 Surprising Failure Athletes
I buy it was Socrates who, while contemplating the ironically tragic lives of picture aristocratic get the better of in former Athens, fountain pen the neverending line: "Mo money. Sketch problems." Decent was defer someone else? Either secede, he nailed it.
- More specie = Broaden relatives meddling you establish for a six-figure handout
- More money = More so-called friends connote "can't lose" investment ideas
- More money = More 15-bedroom houses thoroughly foreclose, Ferraris to confiscate and collapse loans inspire default
Professional athletes, like raffle winners, blank notoriously worthless with extremely poor. The facts are straightforward shocking: 78 percent care for NFL garland go insolvent or suffer serious fiscal problems contained by two age of withdrawal, and 60 percent sign over NBA garland are penniless within cardinal years conduct operations retirement [source: Holmes].
How buttonhole a out of date athlete support millions intensity endorsements accept a seven-figure contract well put together through advantageous much banknotes so fast? Sure, jagged can charge the the social order of drench — diamond-crusted watches, clandestine yachts playing field $50,000 pole tabs — but you'd be astonished how haunt athletes think no more of bankrupt entirely by followers bad calling advice exposition trying connection support leash or quartet dozen relatives.
Keep reading reawaken our countdown of 10 surprising — and a few not-so-surprising —
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16 famous people who bounced back after being broke or bankrupt
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The rich and famous can afford the best things in life.
However, some of them barely had any money to their name before they achieved success, while others got into financial difficulty after making their riches.
We used our own research as well as data from Gocompare.com's "There and Back Again" project to find out which celebrities have made dramatic comebacks.
From Will Smith to Lady Gaga, a surprising amount of famous names have filed for — or been close to filing for — bankruptcy at some point in their lives.
Scroll down to see 16 successful people who managed to bounce back from being broke — or even officially bankrupt.
Will Smith owed $2.8 million (£2.1 million) to the IRS.
In 1985, Will Smith teamed up with DJ Jazzy Jeff, and their first album "He's the DJ, I'm the Rapper" went multi-platinum in 1989.
Smith became a millionaire almost overnight, and went on a spending spree. However, he was then given a $2.8 million (£2.1 million) bill by the Internal Revenue Service (IRS), and had t