Personally I’m finding it difficult to believe a billionaire can go broke due to the worse state of an economy. When I mean broke. To the extend of selling off properties and barely afford a living.
Asking from this question because I know of a billionaire who right now is going about asking people for help because he has gone broke.
People said he went broke due to the way the economy turned out this he tells people who are close to him. On hearing this I felt there was something else behind this man’s success when maybe didn’t end well for him. Because how can the bad state of an economy cause you to go broke. It’s difficult to believe

Sincerely speaking, billionaire s are tough people,though I wouldn't want to judge.Billionaire's are been made from scratch and from the mud.They are incapable of the ongoing financial crisis but they just sit there and watch financial attacks unravel so they can exploit and revolt massively.I'll say that billionaires are not just rich people but financially technical people in terms of economic stability, growth and impact.