this list contains 5 wealthy individuals, who lost all their fortune.
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michael carrol was 19 years old ,when he won the top prize in the lottery, earning 13 million dollars, instead of saving or investing ,he spend it on parties ,drugs and prostitutes, after 4 years he spent it all, and now he is working in a biscuit factory packaging shortbread.
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boxing celebrity mike tyson , accumulated a big fortune of 400 million,he used to spend over 4.5 million on cars and motorcycles only.
but in 2003 he filed for bankruptcy owing over 26 million of debt.
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stockbroker jordan belfort founded stratton oakmont in 1989 , a trading floor that used an illegal technique known as pump and dump ,to gain massive profit , by the age of 25 he was worth 85 million ,he spent it on expensive cars ,yachts and drug parties in his mansions
but in 1995 authorities shut down the company for illegal trading, and belfort was sentenced to 4 years in prison ,and fined 110 million
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but due to her confession of using performance enhancing drugs , she was stripped off her medals and was forced to pay a lot of money in legal fees, she ended up with only 2000 dollars to her name.
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as one of the highest paid quarterbacks ,NFL player johnny unitas earned over 1.3 million , he invested it into restaurants and real estate ventures, he borrowed millions from the city to buy a circuit board manufacturer,but his businesses failed ,and he field for bankruptcy in 1991,owing over 3.2 millions.
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