“Last year, he lost about $19.4 BILLION! What a terrible year. And this year, it’s not getting any better. So far he’s lost another $10.3 billion. That’s a total loss of $29.7 billion in less than two years. But, according to Forbes, he’s still worth about $4.8 billion … so there’s no need to feel sorry for this ‘poor’ guy. He only has himself to blame. He’s the one who made such bad investment decisions. Last year, he made news around the globe when he said: ‘I will be the world’s richest man.’ He was the world’s 7th richest man. After losing a big chunk of his fortune last year, today, he’s not even one of the top three richest Brazilians.”
http://sovereign-investor.com/2013/07/01/the-man-who-lost-2-million-an-hour/
Related posts:
Florida Police use Driver License Faceprints to Investigate Public At Large
Walking in Broad Daylight is “Suspicious” Behavior
"U.S. homeland security has forced terrorist groups to target Americans overseas"
Woman jailed for late-night water purchase after anti-sexual assault rally
"No Bank Account Anywhere In The Eurozone Is Safe"
Make your life easier: 10 useful 3D printed things
Full Disclosure: Lew Received a Million Dollars in Cash From Citigroup During Bailout
5 Chinese Ghost Cities That Came Alive
"Why Americans Are Protesting War on Syria"
Riot Alert: Look Out Argentina, South Africa, Turkey and India
Kidnapped Marine vet Brandon Raub speaks out from psych ward
Car parking apps vulnerable to man-in-the-middle attacks
Moammar Gadhafi Comments From the Grave on John Kerry
This Week in Police Law Enforcement: What They Do When They Come For You
Bank run starts in Ukraine; Long Queues to Withdraw Cash