You have to spend money to make money. Anyone in business knows this from their own endeavors. Sadly, sometimes the money spent can never be made back. Luckily our experts here at Infinity Capital Funding have figured out ways to keep businesses operational with short term loans in order to fix the sort of problems that can see profits walking out the door.
Of course in some cases even our most forgivable merchant cash advance plan cannot save you from a loss. Luckily the sort of gigantic losses we are discussing here are usually bared out by some of the most successful people in the world. We decided to look at the three people who lost the most money in 2012.
- Mark Zuckerberg: Being a wunderkind in Silicon Valley has made Facebook founder and CEO Mark Zuckerberg successful beyond most of our wildest expectations. This means he can lose $8.1 billion and still look like “the King of the World.”
- John Paulson: Allowing your own hedge fund to lose $14 million will cost your own personal fortune quite a bit. John Paulson has lost $4.5 billion, along with a lot of good will in the business community.
- George Soros: Of course not all losses are so damning. Soros’ hedge fund has dipped in recent months, but most of his $3 billion loss can be traced to charitable donations.