How Sean Quinn, the Former Richest Man in Ireland, Got Bankrupt


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Based on an article on Celebrity Net Worth, Sean Quinn had a net worth of $6 billion before 2008 when financial crisis took place. By 2012, the business magnate filed for bankruptcy. How did it all happen?

Ireland

In 1973, Quinn borrowed around $100 and started extracting gravel from the farm owned by his family. He sold the gravel to local builders and it became his first success leading to “Sean Quinn Quarries, Ltd.”.

Ireland