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These 10 billionaires have all gone broke or declared bankruptcy — read the wild stories of how they lost their fortunes

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Some of the most well-known billionaires have declared bankruptcy at some point in their lives, either personally or on their companies. Other wealthy billionaires have claimed to be completely broke. Many factors contributed to these wealthy people losing it all — economic downturns, bad investments, and even massive fraud cases…

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Click here to read the full story: Business Insider

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