No one could spend money like Michael Jackson. His mansion in California had a personal zoo and amusement park that cost him $5 million a year just for maintenance and staff. Over the course of his life, he made 1.1 billion dollars, but he spent it all and then some. He died being hundreds of millions of dollars in debt.
All That Glitters Is Not Gold
When something seems too good to be true, it probably isn’t true at all. The story of Karl Rabeder who was once a millionaire, is one of those stories. He had a nice house, fancy cars and he stayed in expensive, five star hotels. But one day, he decided to give it all up. Well, at least that’s what he claimed to do.