22 Athletes That Went Broke
Adam Rifkin stashed this in Wealth!
These 22 athletes collectively lost over a billion dollars.
Most common reasons for losing their life savings?
1. Failed investments and failed businesses.
2. Jail time during prime earning years.
3. Alimony and child support. (One had 9 kids by 9 mothers!)
4. Living large -- and way out of their means.
5. Fraud / bad financial advice.
Doesn't matter how much they made -- even the one who made $400 million pretty much lost it all.