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?