6 Biggest Millionaire Flops

AAA

Portfolio losses got you down? That's understandable. The dramatic 2008 market drop-off caused the S&P 500 Index to tumble 37%, wiping out more than $4 trillion in workers' retirement plan savings alone.

If you lost money, you're not alone, but at least you can put some blame on the market. Major errors of judgment have cost some of the world's richest people more than just a pretty penny - and these are people who have a lot to lose. Console yourself with these famous financial flops. (Want to be a millionaire yourself? Read Getting A Millionaire's Mindset.)

You May Also Like

Related Articles
  1. Professionals

    Multiple Accounts? Here's How to Calculate RMDs

  2. Investing

    What Is Hollywood Spending On Oscar Campaigns?

  3. Budgeting

    Are You Spending Too Much?

  4. Professionals

    What are some examples of common fringe benefits?

  5. Credit & Loans

    What are common factors that lower your net worth?

  6. Economics

    What's the Federal Funds Rate?

  7. Professionals

    Tips for The Reality of a Working Retirement

Trading Center