Video of the Day: 15 Ways Rich People Go Broke

15 Ways Rich People Go Broke

Alux.com

1. Divorce

2. Law Suits

3. Illness

4. Government Intervention

Coal mining's not coming back.

5. Death

6. Financial Crisis

7. Getting Scammed

8. Crypto

Take a word of advice from Tim Ferris, "don't invest in anything you don't understand." If you don't understand cryptocurrency, don't invest in it. It's simple.

9. Failed Businesses

10. Retirement

Maryland is not one of the top five states to retire in! I never would've guessed, but probably should've.

11. Natural Disasters

12. Too Many Kids

It's really amazing when you think of it, a quarter of million dollars to raise ONE child from 0 to 18.

13. Kidnappings

14. Blackmail

15. Spend It All

Be like Shaq ... not like Mike!

Bonus

They Think Money Will Always Keep Coming

That's why Floyd Meriweather has to keep fighting, just to make money.