Categorized | Affiliate Marketing 101

Bankrupt Cousin Living In Multimillion Dollar Home?

I am just curious about this. How does someone go from being bankrupt to living in an exclusive multimillion dollar home(in a period of a year or two)? This person also has absolutely no higher education or trades,skills(that I know of). His father gave him a job running his business when he retired, and last I heard, he doesn’t do it any longer(I assume because of the economy and such) I also heard that he moved to Mexico(where his wive is from) and started a “dress shop”, because he was having a hard time here. Then I check on internet, and find that he is living in an exclusive part of Malibu in a multimillion dollar home(not sure whether he owns or rents, but still..) So, back to my main question. How is this possible? Is there some sort of trick or secret to the housing market or get rich quick schemes that I am not aware of? I am beginning to think he has trees in his back yard with money growing on them(perhaps an entire orchard,lol). Anyone who is knowledgeable on the housing market or business market might be able to explain this. Thanks!

No Responses to “Bankrupt Cousin Living In Multimillion Dollar Home?”

  1. wolftone says:

    bankrupt: Declared in law unable to pay outstanding debts. This doesn’t mean broke. Most celebrities do it when they only have several millions left. It all depends on your debt vs profit ratio usually…

  2. Spotty J says:

    How are we supposed to answer that question? Could be anything. Maybe he sells drugs or won the lottery.

  3. David alyssa David alyssa says:

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