How does someone who’s made tens of millions of dollars (in not more) manage to go bankrupt??????????
Easy. Spending too much so much that they sell off their future rights for a quick few thousand at a discount. So all of the money people think they’re making is long gone.
I’ve known billionaires who went bankrupt. And pro athletes, Multimillionaire bankers, developers.... Just remembered Wayne Newton’s case. So an actor isn’t that surprising.
How does someone who’s made tens of millions of dollars (in not more) manage to go bankrupt??????????
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It’s easy. They spend elevens of millions of dollars.
How does someone who’s made tens of millions of dollars (in not more) manage to go bankrupt?
How does a government that pulls in a few trillion (per year) manage to go bankrupt?