Former Millionaires Share Sad Stories Of How They Lost It All

4. Lost Everything To Alimony

Reddit user _effed_up stated, “I built a business worth ~3 million, had a house worth 1.4 million, Investments worth more than 2 million, 4 nice cars. Divorce laid me low. An ex-wife, a lawyer, and a judge stripped me of at least 3/4 of that. Left me with a Miata race car, a bit of money, and 51% of my company. Still had to pay alimony. I gave up. I negotiated my way out of alimony by giving up more of the company, liquidated everything else, bought a boat, and fu**** off. 26 months later, I sailed back into my life and started over.

“I’ve earned enough to live a modest retirement, and that’s where I am today. Don’t get married boys, it ain’t worth it. I’ve done it twice, the first time was a disaster, the second time was an annoyance. Just my opinion and experience. I’m way too drunk and shouldn’t have posted. Anyway. There it is.” It sounds like this business owner had a difficult time with his divorce. Hopefully, everything worked out in the end for him after buying his boat. and a fresh perspective made him feel better.