Even if you are a multi-billionaire, you are at a risk going bankrupt and losing it all.
Today, we are looking at billionaires who built a fortune but, a series of bad decisions and other factors landed them in a pool of debt that they failed to repay.
1. Pramod Mittal, brother of Lakshmi Mittal, was declared the ‘most bankrupt man’ in June 2020.He was allegedly accused of owning 2.5 billion to a lot of people.
Businessman Pramod Mittal came into the limelight in 2013 for throwing a lavish wedding for his daughter that cost nearly 505 crores. He was once one of the richest men in the UK but, in June 2020 he wasdeclaredthe ‘most bankrupt man’ by the London High Court. He reportedly owes 2.5 billion (24,155 crore approximately) to a…
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