There are many stories of people suddenly becoming much richer. Usually, these are large winnings in a lottery or a rich inheritance. Experts say that most of the time such random money is spent by new owners very quickly, and often are the cause of major troubles. Here are five real stories of people who suddenly got rich and lost everything just as quickly.
Random wealth goes away faster
Not surprisingly, easy money goes quickly. People who are not used to such amounts do not know what to do with them, how to dispose of them correctly. The first thing that comes to mind is to spend on household needs or invest in business. And if the first option has at least some practical benefit, then the second one contains many pitfalls. You need to have a lot of experience in doing business in order to make competent investments, to calculate future benefits. A person who does not have money before will not be able to independently invest it in a worthwhile business.
If a person was not originally aimed at making money, then he will not be able to reasonably dispose of a large amount. We all know the saying “Money is to money”, but few people wonder how deep and true its meaning is. Wealth in the hands of the poor instantly melts, spilling like water through his fingers. Only a person who knows how to handle capital can increase his unexpected winnings. Those who are used to living in poverty tend to get everything at once, to “come off” for all their past years of lack of money.
Alex Lazarev
The guy lived with his mother - a professional violinist - in absolute poverty, bordering on poverty. The head of the family abandoned them when Alex was not even three years old, since then they began wandering with their mother. They lived in a bungalow for the poor and dressed like homeless people. The guy was driven to school, he did not have the opportunity to go to college, when Alex was 18, his mother committed suicide. From this day the guy’s life has changed forever.
It turned out that all these years a woman has been saving up and saving money for accounts. Her violin alone cost more than $ 1 million, and all this went to Alex. He became rich in one night, but did not know at all what to do with all this money. He bought an elite penthouse apartment, filling himself up with expensive clothes and appliances.
He immediately made a bunch of friends, each of whom asked him to help with money, and Alex willingly helped everyone. He paid loans for friends, enjoyed the company of the most beautiful girls. Money was melting very quickly. Soon the guy noticed that almost nothing was left of his wealth. He tried to invest in business, but he got burned out. Now Alex is back to where he started - cheap rental housing and a job search, which without education and experience has become an almost impossible task.
Allison Cintins
At 22, Allison had just graduated from college and was looking for a suitable job. They lived modestly, the girl never knew any excesses, accustomed to deny herself everything. And suddenly she found out, she became a rich heiress. Her stepfather after death left her a huge amount, even after paying all taxes, she was equal to 66,000 dollars (about 4 million rubles). For the poor girl, it was just a sky-high sum.
Having learned about the daughter’s inheritance, the father decided to help her open a deposit account in the bank so that the money could accumulate. He explained that in a few years Allison will be able to buy his own housing. But the girl did not want to wait so long. She began to gradually withdraw money from the account.In the first month, $ 5,000 was spent, then the rest of the money went away in six months. The girl herself did not notice how she was left with nothing.
Graham Ross
When Graham was 26 years old, his cousin died, leaving him a legacy of a third of a million dollars (20 million rubles). The guy immediately quit his job and began to lead a wild life. She had drugs, and hundreds of women, and irrepressible spending. Graham gradually began to realize that his life was going downhill. His money was melting before our eyes, and with them the confidence of the guy in his power went away.
He became paranoid, afraid for his money more than for himself. The guy no longer understood who his real friends were and who not. They talked with him only because of his money, and as soon as he refused, he was abandoned. Drug addiction was killing him. When Graham woke up, there was no more money left in his account. He got into big debts and now has to work hard to pay them.
The story of three brothers
This story happened in 2007. Three brothers inherited a large sum and share in commercial real estate. A Starbucks representative offered them a 5-year lease in their building for very good money. But the brothers could not come to a consensus. In the end, they refused to anyone who offered them a deal.
The building is still empty, and the brothers have no money left for a long time. Now the property is in such a state that no one will buy it without proper repair, for which the brothers have no money. Moreover, the city authorities demand to put the building in order, otherwise the owners will face big troubles. So inadvertent wealth entailed serious problems for negligent heirs.
Ewan McAndrew
Yuan inherited $ 128,000 (8 million rubles) from his grandfather. He immediately began to spend money on cars, expensive clothes and drugs. He began not only to use it himself, but also to offer illegal drugs to friends. The police caught him in this occupation. Yuan was sentenced to 10 months in prison, after which the guy realized that he was left with nothing.
Already in prison, Ewan realized that captivity became his peculiar salvation. During this time, he got rid of drug addiction. The guy realized that if he continued to live in the same spirit, he would surely have brought himself to death. Big money was a good lesson for him. Yuan says that he began to value life more.
All these stories prove that money very quickly turns into nothing without the right approach and a clear plan. Inheritance can be either multiplied or thoughtlessly spent in a matter of months, and the latter happens much more often. As if fate were checking the poor for strength and stupidity. Some learn valuable lessons from their past wealth, others only disappointment and pain. In any case, no one lingers on long easy money.