Anonymous wrote:
Anonymous wrote:I'm shocked that after all his stardom - from the Partridge Family, to millions of albums sold, to Vegas shows - that all he had was $150,000. My parents, on a single-income during their working years, have amassed $2 million with an average middle-class job (with no pension), and raising three kids.
some people just have bad money sense
It’s easy to say this and sometimes you’re spot on.
Athletes and entertainers though are often targeted by very sly people. That and their egos are fed constantly by the sycophants behind them. Combine that, and they become easy prey. I advised a few high profile people who came to their senses after being targeted and I witnessed the downright theft of millions and millions. Given the high profiles and egos involved, this is frequently hushed up. It’s sad and not really dissimilar to those who win the lottery.