How to blow through $10M

[JackBondLove]

http://finance.yahoo.com/banking-budgeting/article/111434/familys-fall-from-affluence-is-swift-and-hard

[oregonpilot]

WOW, some people really have it tough. LOL

[dealingsdone]

This guy makes it very hard to feel sorry for him. He wasted millions on the most stupid of things. Can you imagine renovating a house for 5.2 million dollars and still not being satisfied with the result? Basically he came into the money for free and he blew it in the most ridiculous of ways. He was no spring chicken either , 59 years old now with young children. The parents were utterly self-centered and now their children will not have the benefit of any of that money for college or anything else.

[helpme2010]

I have always been very careful with my money, which has actually helped me survive being in and out of work many times over this past decade, so it blows my mind to see people like this and lottery winners that don't budget or even put away emergency millions for when or if they run out of their mass fortune. But this guy is still doing pretty well after he sells his stuff.

I remember watching Kareem Abdul Jabar doing his final season with the Lakers and every stadium in every city gave him a farewell celebration. Then he realizes his manager mismanaged his money, he was broke, then he had to come back for another year and play again (how embarrassing is that to have to revisit all those cities again and say, nevermind)