"It is a safe bet there will never be another Nathan Tinkler. A former apprentice electrician, Tinkler went from living with his parents to becoming Australia’s youngest ever billionaire – and, last week, going bankrupt. His extraordinary rise and fall took just 12 years, and neatly sums up an unprecedented mining and commodities boom that has now imploded."
https://www.theguardian.com/australia-n ... ommodities
Rags to riches to rags
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Re: Rags to riches to rags
Debt is a hell of a drug.
Re: Rags to riches to rags
Time and time again, people get crazy rich only to blow it all and then some. It doesn't matter what you earn, it can all burn.
Benjamin Franklin said that the two must go together: industry and frugal. "Waste neither time nor money..."
Benjamin Franklin said that the two must go together: industry and frugal. "Waste neither time nor money..."