Post
Topic
Board Economics
Topic OP
Famous people that died poor
by
peter0425
on 18/07/2025, 11:27:08 UTC


1. Wolfgang Amadeus Mozart lived shortly from 1756 to 1791. He was considered to be one of the most celebrated composers as he toured Europe as a kid to showcase his talent and allowed him to make up quite a fortune. However he had a problem with gambling and he also avoided certain jobs that led him to having massive debt. He was buried in a common grave due to poverty.



2. Thomas Jefferson was the third President of the United States. He had a wonderful career but couldn't control his spending and passed away with massive debts as well. A lot of his property was sold to pay off his debts.



3. Michael Jackson was called King of Pop and unfortunately passed away in 2009. His songs remain to be culturally relevant however at the time of his passing he passed away with around 500 million dollars of debt. Due to this, many of his assets were sold to pay for his debts.

The lesson I got from looking at all these influential people is you can be exceptional in your field but if you do not know how to manage your money you might just die penniless. I personally do not want to pass away after suffering from poverty. I want my last days to be spent in bliss.

There are other people in the list but I only chose three.