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May 10, 2022

Everyone loves to hear about billionaires. Elon Musk in particular makes headlines no matter what he does. He builds space programs. He starts companies that revolutionize the auto industry. He even purchases twitter for millions of dollars despite the fact that no one can really figure out exactly what he has to gain by doing so. So, would it shock you to find out that once upon a time, Musk was so broke that he couldn’t even afford his own housing and had to borrow the money from friends? Well, believe it! He joins a huge group of billionaires who have achieved all of their dreams…only to watch helplessly as it all falls away.

Make no mistake, these people are criminals. Some of them are simply old school con artists and shady fraudsters. Those are the likes of Bernie Madoff and his history making Ponzi scheme. Then there’s Kenneth Lay, the man who made Enron into a household name for all the wrong reasons.

Of course, there are also the new wave millennial dirtbags who have rebranded fraud for the 21st century. From Billy McFarland’s Fyre failure to Elizabeth Holmes’ fake blood machine to whatever it was Adam Neumann thought he was doing with WeWork. These people have redefined what being a terrible businessperson looks like for the next generation.

Then we have the bigtime criminals who lost it all. The biggest of the big. Perhaps the two biggest names in criminal history are Pablo Escobar and Al Capone. Both were incredibly rich especially after adjusting for inflation. Both lost everything despite changing the world forever.

So which of these billionaires lost it all the hardest? Only one way to find out!

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Written by: Jordan Phillips
Narrated by: Jordan Phillips
Edited by: Umair G

For copyright matters please contact: legal@valnetinc.com

CHAPTERS:
0:00 Intro
0:17 Elon Musk
2:48 Billy McFarland
5:23 Adam Neumann
7:26 Elizabeth Holmes
9:25 Bernie Madoff
11:17 Pablo Escobar
14:23 Al Capone
16:06 Kenneth Lay
18:18 Outro

#bankruptbillionaires #billionaires #billionaireswhowentbankrupt