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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

Name Birthdate Profession Bankruptcy Date Eventual Net Worth
Henry Ford
July 30, 1863 Founder of Ford Motor 1903 $188,000,000,000

Donald Trump

June 14, 1946 Real Estate Developer 1990 $3,000,000,000

Walt Disney

December 5, 1901 Founder of Disney 1921 $1,100,000,000

Anna Nicole Smith

November 28, 1967 Model, Actress 1996 $450,000,000

H.J. Heinz

October 11, 1844 Founder of Heinz 1875 $400,000,000

George Foreman

January 5, 1949 Boxer/Grill Spokesman 1983 $300,000,000

Bob Guccione

December 17, 1930 Founder of Penthouse 2003 $400,000,000

Kim Basinger

December 8, 1953 Actress 1993 $250,000,000

Clarence Saunders

August 9, 1881 Founder of Piggly Wigglies (Now Safeway) 1922 $180,000,000

Milton Hershey

September 13, 1857 Founder of Hershey 1880 $150,000,000

Larry King

November 19, 1933 News Anchor 1978 $144,000,000

William C. Durant

December 8, 1861 Founder of General Motors and Chevrolet 1936 $120,000,000

Ulysses S. Grant

April 27, 1822 President 1881 $95,100,000

Francis Ford Coppola

April 7, 1939 Film Director 1990 $67,400,000

Isaac Hayes

August 20, 1942 Singer, Actor 1976 $50,000,000

MC Hammer

March 30, 1962 Rapper 1996 $33,000,000

Wayne Newton

April 3, 1942 Singer, Actor 1992 $30,000,000

Burt Reynolds

February 11, 1936 Actor 1996 $30,000,000

P.T. Barnum

July 5, 1810 Showman
1856
$25,000,000

Mick Fleetwood

June 24, 1947 Musician, Activist
1984
$25,000,000

Randy Quaid

October 1, 1950 Actor
2000
$25,000,000

Stan Lee

December 28, 1922 Founder of Marvel
2000
$20,000,000

Abraham Lincoln

February 12, 1809 President
1833
$18,400,000

John Connally

February 27, 1917 Govenor of Texas
1988
$11,000,000

Heidi Fleiss

December 30, 1965 Hollywood Madame
1998
$10,000,000

Perez Hilton

March 23, 1978 Blogger
2005
$10,000,000

Buffalo Bill

February 26, 1846 Showman
1913
$8,000,000

William McKinley

January 29, 1843 President
1893
$7,500,000

Jerry Lee Lewis

September 29, 1935 Singer, Songwriter, Pianist
1988
$5,000,000

Benedict Arnold

January 14, 1741 Major General
1779
$2,500,000

To our success in 2009,

Michael Dunlop

PS. What are you doing to beat this recession?