Thursday, September 20, 2012

Bankrupt Millionaires

Being broke is not so bad
There is always a tomorrow.

Look out at this very interesting article by Michael Dunlop about entrepreneurial millionaires and billionaires who bankrupted on one or several occasions.  Keep in mind that the average entrepreneurial millionaire goes broke or nearly broke 3.2 times.  Don't forget that J.K. Rowling was on welfare while writing Harry Potter.  The rest is history.


Went Bankrupt, Now Worth Millions!

Went Bankrupt, Now Worth Millions!
Hello Everyone,
With this so called Recession, thousands of people are going bankrupt everyday and at the lowest point ever! Today’s list is to show you guys that although times are tough and you think you have lots everything and your to old to have another chance, well your wrong!
I was once told that you arn’t a true entrepreneur if you haven’t gone bankrupt at least once! Well Walt Disney shows us how its done, he was fired by a newspaper editor because “he lacked imagination and had no good ideas.” He went bankrupt several times before he built Disneyland. In fact, the proposed park was rejected by the city of Anaheim on the grounds that it would only attract riffraff.
It is also noteable that I have included the founder of Penthouse and the blogger Perez Hilton both web entrepreneurs! The difference between them and the others on the list is that their money is new money, made in the last 10 years! If you would like to follow in their foot steps then check out my FREE 7 day eCourse to making money online!

30 Entrepreneurs Who Went Bankrupt

NameBirthdateProfessionBankruptcy DateEventual Net Worth
Henry Ford
July 30, 1863Founder of Ford Motor1903$188,000,000,000
Donald Trump
June 14, 1946Real Estate Developer1990$3,000,000,000
Walt Disney
December 5, 1901Founder of Disney1921$1,100,000,000
Anna Nicole Smith
November 28, 1967Model, Actress1996$450,000,000
H.J. Heinz
October 11, 1844Founder of Heinz1875$400,000,000
George Foreman
January 5, 1949Boxer/Grill Spokesman1983$300,000,000
Bob Guccione
December 17, 1930Founder of Penthouse2003$400,000,000
Kim Basinger
December 8, 1953Actress1993$250,000,000
Clarence Saunders
August 9, 1881Founder of Piggly Wigglies (Now Safeway)1922$180,000,000
Milton Hershey
September 13, 1857Founder of Hershey1880$150,000,000
Larry King
November 19, 1933News Anchor1978$144,000,000
William C. Durant
December 8, 1861Founder of General Motors and Chevrolet1936$120,000,000
Ulysses S. Grant
April 27, 1822President1881$95,100,000
Francis Ford Coppola
April 7, 1939Film Director1990$67,400,000
Isaac Hayes
August 20, 1942Singer, Actor1976$50,000,000
MC Hammer
March 30, 1962Rapper1996$33,000,000
Wayne Newton
April 3, 1942Singer, Actor1992$30,000,000
Burt Reynolds
February 11, 1936Actor1996$30,000,000
P.T. Barnum
July 5, 1810Showman
1856
$25,000,000
Mick Fleetwood
June 24, 1947Musician, Activist
1984
$25,000,000
Randy Quaid
October 1, 1950Actor
2000
$25,000,000
Stan Lee
December 28, 1922Founder of Marvel
2000
$20,000,000
Abraham Lincoln
February 12, 1809President
1833
$18,400,000
John Connally
February 27, 1917Govenor of Texas
1988
$11,000,000
Heidi Fleiss
December 30, 1965Hollywood Madame
1998
$10,000,000
Perez Hilton
March 23, 1978Blogger
2005
$10,000,000
Buffalo Bill
February 26, 1846Showman
1913
$8,000,000
William McKinley
January 29, 1843President
1893
$7,500,000
Jerry Lee Lewis
September 29, 1935Singer, Songwriter, Pianist
1988
$5,000,000
Benedict Arnold
January 14, 1741Major General
1779
$2,500,000

To our success in 2009,

Michael Dunlop

PS. What are you doing to beat this recession?

The link to the article: http://www.incomediary.com/went-bankrupt-now-worth-millions

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