Interesting read – though my main takeaway is that even when you’re billions of dollars in debt, you can still come out with your vast fortune because your estate is not touched by litigation. So they declared bankruptcy and still kept their millions in assets
Only tangentially related, but I like this story
https://www.scottsdalemint.com/articles/2024/the-hunt-brothers-how-two-billionaires-broke-the-silver-market/
Tl;Dr two brothers tried to corner the silver market. Almost made it. Until they didn’t.
Interesting read – though my main takeaway is that even when you’re billions of dollars in debt, you can still come out with your vast fortune because your estate is not touched by litigation. So they declared bankruptcy and still kept their millions in assets