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
Mick Fleetwood
June 24, 1947Musician, Activist
Randy Quaid
October 1, 1950Actor
Stan Lee
December 28, 1922Founder of Marvel
Abraham Lincoln
February 12, 1809President
John Connally
February 27, 1917Govenor of Texas
Heidi Fleiss
December 30, 1965Hollywood Madame
Perez Hilton
March 23, 1978Blogger
Buffalo Bill
February 26, 1846Showman
William McKinley
January 29, 1843President
Jerry Lee Lewis
September 29, 1935Singer, Songwriter, Pianist
Benedict Arnold
January 14, 1741Major General

To our success in 2009,

Michael Dunlop

PS. What are you doing to beat this recession?

The link to the article:

Sunday, May 13, 2012

Zeljko Ranogajec

Zeljko Ranogajec World's Biggest Punter
Zeljko Ranogajec is claimed to be a multi billionaire and the world's biggest punter.  Supposedly richer than both Alan Woods and Bill Benter, Zeljko Ranogajec is said to have an annual global betting turnover over $1 billion.  He is dubbed as "the biggest punter the world has ever seen or is likely to see" in the book Living And Learning With The World's Biggest Punters

Born in 1961 in Hobart, Australia to Croatian immigrants, Zeljko Ranogajec was soon recognized as another mathematical genius (which is frequent at the highest level of professional gambling) and studied Commerce and Law at the University but eventually dropped out to pursue much more lucrative activities - Blackjack then Horse Racing Betting, even Keno. 

Blackjack Hall of Fame
Belive it or not, Zeljko Ranogajec is not only a living legend of the race tracks he is also one of the greatest Blackjack player ever.  In 2011, Ranogajec was inducted into the Blackjack Hall of Fame with the following explanation: Ranogajec was one of the most prolific and innovative advantage players of all time. Starting with a few hundred dollars decades ago, his feats of winning hundreds of millions dollars in blackjack (and in other gambling ventures) have been written about in numerous publications, and he is now known as "the world's biggest punter."

World Record Keno Jackpot
In 1994, with an equivalent investment, Zeljko Ranogajec won a world record Keno jackpot of $ 7.5 million.

24/7 Gambling Operation
Reclusive, elusive, and secretive, our Australian gambling genius didn't work all by himself.  His wife, Shelley Wilson is also his business partner and he employs, directly or indirectly, a global network of between 30 to more than 100 spotters, researchers, analysts, bettors and administrators to "analyse form".  Ranogajec is aiming for small margin returns (1-2%) through analyzing endless series of numbers, percentages, statistics of races and ratings to finally placing last seconds' bets.  By himself he is responsible of 5% of the entire Australian racing pool turnover. 

Final words: Maths Makes Money!

The Trifecta of horse racing
Who is the biggest and the wealthiest punter?

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