Reversal of Fortune

14 Nov 2014 In Financial Literacy/Wealth Tips Comments Off on Reversal of Fortune

You wouldn’t think it possible that a family worth millions would blow through all of it. In fact, any number of factors could contribute to a reversal of fortune, whether the decline is swift and sudden or stretched out over six generations. The usual suspects include bad investments, too much debt and overindulgent spending. Meet five well-known rich families who suffered a reversal of fortune.

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