19 Former Millionaires Reveal Shocking Mistakes That Cost Them Everything

19 Former Millionaires Reveal Shocking Mistakes That Cost Them Everything

KlownPuree , Yiorgos Ntrahas Report

Man in prison cell sitting on bed, reading a letter, illustrating struggles of ex-millionaires losing their money. I have a relative who is a self made millionaire many times over. He was the hardest working person I’ve ever known. As soon as he graduated from high school he got his real estate license and became a successful realtor. Within 30 years he opened a successful construction company, a store that sold kitchen cabinets, and owned over 20 rental properties. This wasn’t enough form him and he started renting out his properties to people that would pay him more to grow pot in. His granite company was used to ship the pot across state lines and now he’s sitting in jail facing a minimum of 10 years. The government is coming after all his rentals and money.

Edit: I should add he shipped the pot to 9 different states (7 of which weed is still illegal) using usps.

You can read more about the case here https://www.justice.gov/usao-wdwa/pr/eleven-indicted-illegal-marijuana-trafficking-investigation

SeattleSushiGirl , Ron Lach Report

Modern restaurant interior with leather seating and pendant lights, reflecting themes of ex-millionaires losing their money. Not me, but my parents.
Both smart people, went to the best universities, graduated with BAs and Masters in Architecture. Went on to design very high end apartments and homes all over Queensland (Australia) – saved up enough to open a Michelin style restaurant on the water. It was a hit, they became incredibly wealthy and this is where money started to take a toll on them. They went all out.

Bought two penthouses in the same building and combined them into one.

Owned and managed multiple high end apartments all over the city

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