12 Famous People Whose Lived Changed Because Of Bankruptcy

Bankruptcy can be a devastating financial blow, but it can also be a catalyst for positive change. Here are 12 famous people whose lives were changed for the better after they filed for bankruptcy:

1. Walt Disney

Success After Bankruptcy: 12 Famous People Whose Lived Changed Because of Bankruptcy.: Bankruptcy

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Walt Disney filed for bankruptcy in 1923 after his first animation studio, Laugh-O-Gram Films, went bankrupt. But he didn't give up. He borrowed $500 from his uncle and started a new studio, The Walt Disney Company. The rest, as they say, is history.

2. Henry Ford

Henry Ford filed for bankruptcy in 1903 after his first car company, the Henry Ford Company, failed. But he didn't give up. He founded a new company, the Ford Motor Company, and went on to become one of the most successful businessmen in history.

3. Milton Hershey

Milton Hershey filed for bankruptcy in 1894 after his first candy company, the Lancaster Caramel Company, failed. But he didn't give up. He founded a new company, the Hershey Chocolate Company, and went on to become one of the most successful candy makers in history.

4. Dave Thomas

Dave Thomas filed for bankruptcy in 1970 after his first restaurant, a Kentucky Fried Chicken franchise, failed. But he didn't give up. He founded a new restaurant chain, Wendy's, and went on to become one of the most successful restaurateurs in history.

5. Donald Trump

Donald Trump has filed for bankruptcy six times. But he has always managed to bounce back. He is now one of the richest and most successful businessmen in the world.

6. Michael Jordan

Michael Jordan filed for bankruptcy in 2006 after his gambling debts spiraled out of control. But he didn't give up. He returned to the NBA and went on to win another NBA championship.

7. Larry King

Larry King filed for bankruptcy in 1978 after his syndicated radio show failed. But he didn't give up. He started a new radio show, The Larry King Show, and went on to become one of the most successful talk show hosts in history.

8. Wayne Newton

Wayne Newton filed for bankruptcy in 1992 after his Las Vegas casino, the Stardust, failed. But he didn't give up. He continued to perform and went on to become one of the most successful entertainers in history.

9. Cyndi Lauper

Cyndi Lauper filed for bankruptcy in 1988 after her album "A Night to Remember" flopped. But she didn't give up. She released a new album, "True Colors," which went on to become a huge success.

10. MC Hammer

MC Hammer filed for bankruptcy in 1996 after his lavish spending habits caught up with him. But he didn't give up. He continued to perform and went on to become one of the most successful rappers in history.

11. Toni Braxton

Toni Braxton filed for bankruptcy in 1998 after her record label went bankrupt. But she didn't give up. She released a new album, "The Heat," which went on to become a huge success.

12. 50 Cent

50 Cent filed for bankruptcy in 2015 after his lavish spending habits caught up with him. But he didn't give up. He continued to perform and went on to become one of the most successful rappers in history.

These are just a few examples of famous people whose lives were changed for the better after they filed for bankruptcy. If you are struggling with debt, don't give up. There is hope. Bankruptcy can be a fresh start.

Success After Bankruptcy: 12 Famous People Whose Lived Changed Because of Bankruptcy.: Bankruptcy

5 out of 5

Language	:	English
File size	:	1778 KB
Text-to-Speech	:	Enabled
Screen Reader	:	Supported
Enhanced typesetting	:	Enabled
Word Wise	:	Enabled
Print length	:	50 pages

FREE