Fools and Their Money
There were more than 110,000 individuals with net assets of at least $50 million in the U.S. in 2020, according to Statista, and who doesn't want to join their ranks? But most of the truly rich got that way through capital gains — selling property and investments — and by owning businesses. Trying to get rich quick without a stock-market killing or genius business idea can make people susceptible to scams, schemes, and downright bad ideas. Here are 18 ways you can go broke trying to get rich, including continuing to chase that always-tempting Powerball jackpot.